World Trade News

 

World Maritime University Celebrates 2022 Graduation

Nov 02, 2022

On October 31, 2022, global maritime leaders of tomorrow graduated from the World Maritime University (WMU). The Class of 2022 has received the education required to contribute to maritime and ocean matters in their home countries and more broadly to the implementation of the United Nations Sustainable Development Goals (UN SDGs). Overall, the graduating class includes 276 graduates from 70 countries…

Iron Ore Shipments Fall 7%

Feb 19, 2025

Global iron ore shipments have fallen 7% y/y, during the first seven weeks of 2025, amid supply disruptions and weak Chinese import demand. Australian cargoes have fared the worst, down 10% y/y while shipments from Brazil have weakened by 5% y/y…

Traders Shipping Record Diesel Volumes from Asia in VLCCs

Aug 29, 2024

Traders are slated to load record volumes of diesel on very-large crude carriers (VLCCs) from Asia to West of Suez markets in August, a trend likely to continue next month, data from trade sources and shiptrackers showed.Five supertankers - Maran Leo…

Container Shipping Rebound in Rush to Fill US Inventories

Aug 19, 2024

Transatlantic container shipping volumes into the United States are rebounding, the head of Hapag-Lloyd said on Monday, boosted by restocking and a rush to fill up inventories amid a risk of possible strike action at U.S. ports.Freight sector…

Containerized Cargoes Surge into the US Amid Strike Concerns

Aug 08, 2024

Monthly inbound cargo volume at major container ports in the US could see a near-record surge this month as retailers bring in merchandise ahead of a potential strike at East Coast and Gulf Coast ports this fall. The prediction for the container…

Ports of Indiana, Port of Antwerp-Bruges Partner on Trade and Green Shipping

Jul 17, 2024

Representatives from Ports of Indiana and Port of Antwerp-Bruges have signed an Memorandum of Understanding (MoU) to advance key economic and environmental port initiatives.The agreement formalizes a plan to work together to advance economic development…

Industry Leaders Highlight Impact of Increasing Protectionism

Jun 17, 2024

The International Chamber of Shipping (ICS) and the Chamber of Marine Commerce, Canada (CMC), convened over 120 industry leaders from 90 organisations and nearly 30 different countries to the Shaping the Future of Shipping Summit on Thursday 13 June…

FMC Mulls Investigation into Suez and Panama Canal Impacts

Feb 11, 2024

The US Federal Maritime Commission (FMC) held an informal public hearing examining impacts from attacks on merchant shipping in the Red Sea and Gulf of Aden on February 7.Opening the hearing, Commissioner Carl Bentzel, voiced concern about safe access through both the Suez and Panama Canals…

AD Ports Group and Vietnam Maritime Administration Sign MoU

Dec 03, 2023

AD Ports Group and the Vietnam Maritime Administration (VINAMARINE), have signed a memorandum of understanding (MoU) to bolster commercial opportunities across various sectors, including ports, logistics, digital solutions, economic cities, free zones…

Positive Volumes for Dry Bulk Trade, but Prospects Set to Dampen

Sep 20, 2023

The unwinding of supply chain inefficiencies and rising vessel orders are set to dampen positive deadweight demand in the dry bulk market, according to Maritime Strategies International (MSI).COVID-related supply chain inefficiencies and associated…

China's Renewed Appetite for Australian Coal Disrupts Asia flows

Aug 10, 2023

China's renewed appetite for Australian coal after Beijing ended its unofficial ban on imports, coupled with strong overall demand for the fuel used to generate power, is forcing a realignment of seaborne flows in Asia.China's total coal imports have soared this year…

Majority of Western Australians Want Live Sheep Export Banned

Jun 19, 2023

Independent polling commissioned by the RSPCA in May 2023 found 71% of Western Australians support the Federal Government’s policy to phase out live sheep export by sea.This includes 72% of people in metropolitan areas, and 69% in rural and regional Western Australia…

Gas Trade Driven by Demand from EU and Latin America

Jun 18, 2023

The Gas Exporting Countries Forum (GECF) has released its June GECF Monthly Gas Market Report highlighting that growth for May was primarily driven by robust LNG demand in Europe and Latin America and the Caribbean, which offset weaker imports in the Asia Pacific and MENA regions…

New Rail Link Planned for Trans-Caspian Transport

May 22, 2023

PSA International and Kazakhstan Railways (KTZ), the operator of the main railway network of the Republic of Kazakhstan, have signed an agreement to establish a joint venture company KPMC to promote the development of the Trans-Caspian International Transport Route (TITR)…

World Shipping Council Speaks Out on Threat to Vessel Sharing

Mar 28, 2023

The World Shipping Council (WSC) has spoken out against new US legislation which aims to eliminate current vessel sharing arrangements as set out in the Shipping Act.The act establishes rules that provide legal certainty to ocean carriers to share space on ships while ensuring competitive markets…

Logistics News

New Chief Executive Appointed at MPA Singapore

New Chief Executive Appointed at MPA Singapore

JSW Infrastructure Expects Cargo Volume Growth Rise in 2026

JSW Infrastructure Expects Cargo Volume Growth Rise in 2026

Port of Naples Cargo Operator Invests in Konecranes Gottwald Mobile Harbor Crane

Port of Naples Cargo Operator Invests in Konecranes Gottwald Mobile Harbor Crane

The Port of Klaipėda Begins 2025 With a 15% Increase in Cargo Handling

The Port of Klaipėda Begins 2025 With a 15% Increase in Cargo Handling

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Cargill and LDC among the winners of Brazil's port auction
South Korea's NOFI buys estimated 132,000 T corn, traders say
South Korea's NOFI has bid for up to 60,000 t of feed wheat, traders claim