ABB has signed contracts with Rotterdam Shore Power (RSP) to engineer and construct what is expected to be the world’s largest shore power system by capacity at the Port of Rotterdam.The system will provide over 100 megavolt-amperes (MVA) of…
Cocoa futures were sharply higher on Monday boosted partly by a slowdown in port arrivals in top grower Ivory Coast, while raw sugar and coffee prices also rose.COCOA* London cocoa rose 6.7% to 4,498 pounds a metric ton by 1447 GMT.* Exporters…
The Port of Oakland handled 174,239 twenty-foot containers (TEUs) in November 2025, reflecting a 4.1% year-over-year decline and a 4.7% decrease from October, as cargo volumes reflected typical seasonal slowing and continued adjustments in global shipping patterns…
Two vessels from CMA CGM, the world's third-largest container shipping line, have travelled through the Suez Canal, the authority that runs the waterway said on Tuesday, in a sign the disruptions linked to the Gaza war could be easing.While…
The Federal Maritime Commission acknowledges the service of the members of the National Shipper Advisory Committee (NSAC). Since October 2021, NSAC’s members have provided information and perspectives on conditions in the ocean freight delivery system…
'Assuming a significant increase in recycling of older ships and a reduction in average sailing speeds, we forecast that average market conditions in 2026 will be like those in 2025 but 2027 could see slightly weaker market conditions. We forecast ship demand growth of 2…
Italy’s Cimolai Technology reached a major construction milestone on one of the largest crane projects currently underway in Europe, completing the lifting and erection of the main girder of the first of two massive 800-ton rail-mounted Goliath cranes at the Port of Chioggia…
Ukraine's navy accused Russia of deliberately attacking a civilian Turkish vessel carrying sunflower oil to Egypt with a drone on Saturday, a day after Moscow hit two Ukrainian ports.In a statement on Telegram, the navy said the vessel was called the Viva and had 11 Turkish citizens on board…
“Between January and November 2025, cement shipments, including clinker, have jumped 13% y/y, driven by a 39% y/y increase in shipments to Africa’s Atlantic coast. The region is experiencing high economic growth, fast urbanisation and rapid development in infrastructure…
Jordan's state grain buyer bought about 120,000 tons of animal feed barley in an international tender on Wednesday seeking the same volume, European traders said.It was all bought at an estimated $272.75 a ton cost and freight (c&f) included…
Bangladesh's state grains buyer has issued another international tender to purchase 50,000 metric tons of rice, European traders said on Tuesday.The deadline for price offers is December 22.The Bangladesh government has issued a series of rice…
Inchcape Shipping Services, a leader in port agency and maritime services, has announced the opening of its new office in Geoje, Korea. This expansion increases Inchcape’s footprint in South Korea to three offices—Seoul, Busan, and now Geoje…
French-based CMA CGM, the world's third-largest container shipping line, has resumed limited services to Russia, notably to transport food, three years after withdrawing from the country following its invasion of Ukraine, the company said.Like other Western firms…
San Antonio Terminal Internacional (STI), together with Frutas de Chile, began a new cherry export season on Tuesday with more available vessels (32), offering greater frequency, coverage and flexibility for customers.Operated by Hanseatic Global Terminals and SSA Marine…
On February 23, 2024, the FMC issued its Final Rule on Detention and Demurrage Billing Practices, as required by Congress under the Ocean Shipping Reform Act of 2022. The rule went into effect on May 28, 2024. After the Final Rule was issued…
