Global Container Freight Still Stalled

Sep 07, 2023

Global industrial production and containerised freight flows remained in the doldrums at the start of the third quarter, confounding predictions earlier in the year for a strong rebound.Manufacturers and distributors in North America and Europe were struggling to reduce excess inventories after the post-pandemic rotation from goods to services spending.Rising interest rates and a cost-of-living squeeze have also dampened expenditure on expensive long-lived durable items…

Shippers Bet on Green Methanol to Cut Emissions, Supply Lags

Aug 22, 2023

Container shippers are ordering vessels powered by methanol to reduce greenhouse gas emissions, but it will take years for renewable methanol output to meet demand and for costs to fall, industry executives said.The first green methanol-fuelled container ship…

After Attacking Ukraine Wheat Exports, Russia Faces Own Shipping Challenge

Aug 08, 2023

Russia's lack of ships and Western grain traders' shrinking appetite for business with Moscow are adding to rising costs of moving Russian wheat, at a time when the war in Ukraine has spilled perilously close to vital Black Sea supply routes…

It’s Time for an Industrial Inquiry Commission into Ports and Automation

Aug 03, 2023

A new tentative agreement was reached on July 30 between the two groups involved in a labor dispute affecting British Columbia ports with the help of the Industrial Relations Board.At the beginning of July, about 7,400 port workers went on strike for 13 days over issues including automation…

Pakistan's Import of Russian Crude Facing Obstacles

Jul 31, 2023

Pakistan is unlikely to meet a target for Russian crude to make up two-thirds of its oil imports, despite attractive prices, hampered by a shortage of foreign currency and limitations at its refineries and ports, officials and analysts say.The…

Obscure Traders Ship Half Russia's Oil Exports to India, China After Sanctions

Jul 27, 2023

A Liberian-flagged oil tanker set sail in May from Russia's Ust-Luga port carrying crude on behalf of a little-known trading company based in Hong Kong. Before the ship had even reached its destination in India, the cargo changed hands.The new owner of the 100…

Russia's Danube Attacks Tighten Noose on Ukraine's Grain Sector

Jul 25, 2023

Russian air strikes on Ukrainian grain facilities on the Danube this week threaten a vital river route for Kyiv's exports, as Moscow seeks to tighten the noose around a key sector of the economy days after abandoning the Black Sea shipping deal…

Why Does the Black Sea Grain Deal's Expiry Matter?

Jul 17, 2023

A deal allowing Ukraine to export grain via the Black Sea will expire at the end of Monday after Russia said it will suspend its participation.The deal, brokered by the United Nations and Turkey last July, aimed to alleviate a global food crisis…

What Happens if Black Sea Grain Corridor Deal is Not Extended?

Jul 11, 2023

A deal allowing Ukraine to export grain via the Black Sea expires on July 17 and with Moscow saying it sees no grounds for an extension there are fears it may collapse.Why is it important?Ukraine is a major producer of grains and oilseeds and…

Global Container Freight Stuck in Doldrums

Jun 26, 2023

Global trade remained in the doldrums during the second quarter as China’s post-lockdown rebound proved slower than expected and was offset by continued weakness in North America and Europe.Seasonally-adjusted trade volumes were no higher in…

How Port Operators Are Delivering End-to-end Offerings that Enhance Global Supply Chains

Jun 15, 2023

The COVID-19 pandemic put a spotlight on the importance of global supply chains. Many Canadians, most of whom had never thought about the details of how a shipment made its way from origin to destination suddenly found themselves acutely aware of how critical efficient…

Global Freight Cycle May Have Reached Lowest Point

May 25, 2023

Global freight volumes show signs of having bottomed out in the first quarter, signalling the industrial cycle may be near its trough, which could provide some support to oil prices later in 2023.Global freight volumes fell 1.1% during the first three months of 2023 compared with a year earlier…

Germany's LNG Import Terminals Tackle Challenges

May 02, 2023

Germany's liquefied natural gas (LNG) terminal project at Stade said it would in the coming weeks begin testing market appetite for ammonia as a way to transport hydrogen, as the country's efforts to end reliance on Russian pipeline gas gather pace…

Global Freight Shows Signs of Bottoming Out

Apr 27, 2023

Global freight volumes fell at some of the fastest rates for three decades earlier this year, but at the end of the first quarter showed signs of bottoming out.Volumes were down by -2.1% between December and February compared with the same period a year earlier…

Ukraine's Grain Export Success Placates Market Despite Russia's Threats

Apr 25, 2023

Ukraine has shipped significantly more grain over the last several months than originally expected, especially corn, easing worries that were prominent last year over the country’s export program.But Russia now claims it will not support the…

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USACE Working to Prevent Saltwater from Rising Up the Mississippi

BSG Acquires Maritime Software Company

BSG Acquires Maritime Software Company

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PortLiner to Construct Electrolyte Bunkering Station in Hartelkanaal

PortLiner to Construct Electrolyte Bunkering Station in Hartelkanaal

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