Shipping News

 

Port Houston Records Double-Digit Gains in Standout July

Aug 27, 2025

July was a standout month for Port Houston’s public terminals, with double-digit growth in key sectors that pushed year-to-date totals to new heights. Container volumes for July were up are markable 21% compared to July 2024, reaching 392,829 twenty-foot equivalent units (TEUs)…

DFT Freight Predictions Signal End of Oil Era

Aug 26, 2025

The UK’s Department for Transport has today published new long-term forecasts showing a major shift in the way goods move through British ports, with oil and fossil fuel traffic expected to collapse while ferries, Ro-Ro and container shipping surge…

Baltic Index Rises, Sees Gains Across All Vessel Sizes

Aug 22, 2025

The Baltic Exchange's main sea freight index, which monitors rates for ships carrying dry bulk commodities, rose on Friday and snapped a four-session losing streak, buoyed by gains across all vessel segments.* The main index, which tracks rates for capesize…

Xeneta Acquires eeSea

Aug 18, 2025

Xeneta AS announced the acquisition of fellow maritime and supply chain data company eeSea. By adding eeSea’s global schedule, transit time and reliability data to its existing range of freight rate data, Xeneta will enable BCO Procurement teams…

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Aug 07, 2025

Tougher U.S. trade penalties on goods originating in one country being re-shipped from another are not expected to immediately follow new U.S. tariffs, three people in Southeast Asia with knowledge of the matter said, easing a major cause of concern…

Georgia Ports Container Trade Up 8.6% in FY 2025

Jul 30, 2025

The Georgia Ports Authority moved 5.7 million twenty-foot equivalent container units in fiscal year 2025 (July 1, 2024-June 30, 2025), an increase of 8.6 percent or 450,000 TEUs compared to the previous fiscal year.  FY2025 was the Port of Savannah’s second busiest year on record…

Xeneta Warns Freight Rates May Continue to Plummet Despite New Trade Deals

Jul 29, 2025

Latest data from Xeneta, an ocean and air freight intelligence platform, shows average spot rates from China to the US West Coast are down 59% since June 1, 2025, at USD 2 268 per FEU (40ft container). Rates have also plummeted into the US East Coast…

CK Hutchison Deal Deadline Likely to be Extended

Jul 27, 2025

CK Hutchison's plan to sell most of its $22.8 billion ports business is unlikely to be finalised anytime soon, with political brinkmanship set to continue, and sources saying that a Sunday deadline for exclusive talks was likely to be extended…

Indian Firm Ships Explosive Compound to Russia Despite US Threats of Sanctions

Jul 24, 2025

An Indian company shipped $1.4 million worth of an explosive compound with military uses to Russia in December, according to Indian customs data seen by Reuters, despite U.S. threats to impose sanctions on any entity supporting Russia's Ukraine war effort…

First LPG Tanker Docks at New Texas Terminal

Jul 23, 2025

A liquefied petroleum gas tanker moored at the Enterprise Products Partners terminal along the Neches River in Texas, ship tracking data showed on Wednesday, the first vessel to arrive for loading at the facility.Energy research firm Vortexa said the mooring signaled the commissioning of the plant…

Egypt's First Finished-Vehicle Logistics Terminal Opens for Business

Jul 23, 2025

The Suez Canal Automotive Terminal (SCAT), a joint venture among NYK, Africa Global Logistics (AGL) and Toyota Tsusho Corporation, has officially opened Egypt's first finished-vehicle logistics terminal.With an anticipated increase in finished…

New BIMCO Clause Addresses USTR Actions

Jul 22, 2025

The Documentary Committee of BIMCO adopted a standard clause aimed at addressing contractual uncertainties that may arise from the United States Trade Representative’s (USTR) Notice of Actions to impose fees on Chinese-related ships calling US ports…

Greek-Managed Tankers Divert Around Africa to Avoid Red Sea Attacks

Jul 18, 2025

Several Greek-managed tankers transporting Russian oil to Asia are increasingly avoiding the Red Sea, opting instead for the longer route around Africa, due to escalating security threats from Houthi attacks, three oil traders and LSEG shipping data show…

Global Shipping's Q3 Outlook Centers on Geopolitical Instability (again)

Jul 18, 2025

Current global economic and geopolitical landscapes are shaped by several key uncertainties. Tensions between Israel and Iran, particularly regarding the Strait of Hormuz, pose risks to regional stability and energy supply routes. Similarly…

Los Angeles June Imports Rebound as Retailers Stock Up Ahead of Holiday Season

Jul 14, 2025

Imports to the busiest U.S. seaport in Los Angeles rebounded strongly in June as retailers moved to stock up on goods for the holiday shopping season amid fears of higher tariffs.The Port of Los Angeles handled 470,450 20-foot equivalent units (TEUs) of incoming cargo last month after the U…

Logistics News

Maersk Appoints New Regional Managing Director for Europe

Maersk Appoints New Regional Managing Director for Europe

Adm. Kevin E. Lunday to Assume Command of the U.S. Coast Guard

Adm. Kevin E. Lunday to Assume Command of the U.S. Coast Guard

Commercial Ships Anchor Outside Iranian Ports as US Tensions Rise

Commercial Ships Anchor Outside Iranian Ports as US Tensions Rise

Allianz Risk Barometer 2026: Cyber Remains Top Business Risk but AI Rising Quickly

Allianz Risk Barometer 2026: Cyber Remains Top Business Risk but AI Rising Quickly

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