Container throughput at the Port of Los Angeles rose to a record 9.45 million TEU in 2018, solidifying Los Angeles’ spot as the Western Hemisphere’s top port for containerized cargo. In total, the Port tallied 9,458,749 Twenty-Foot Equivalent Units (TEUs) during 2018, up 1.2 percent more than 2017’s record-breaking year. The year marked the third […]
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IMB Piracy Report: Worldwide Piracy Increases 2018 as Gulf of Guinea Attacks Surge
Maritime piracy increased across the globe in 2018, especially in West Africa as attacks against ships and crews continue to pose danger to seafarers, the International Chamber of Commerce’s International Maritime Bureau’s (IMB) said in its latest annual piracy report. Worldwide, the IMB Piracy Reporting Centre (PRC) recorded 201 incidents of maritime piracy and armed […]
Carriers Show Reduced Appetite for Megaship Orders, Drewry Says
By Mike Wackett (The Loadstar) – A “reduced appetite” for ordering ultra-large container vessels (ULCVs) and carriers instead aspiring to become global logistics integrators could finally balance container capacity supply with demand, according to new analysis from Drewry. Indeed, at the end of last year Maersk’s chief executive, Soren Skou, told The Financial Times: “We for […]
Photos: Fire-Stricken Yantian Express Spotted in Atlantic Ocean
We’re getting our first good look at damage to the Hapag-Lloyd ship Yantian Express after a container fire broke out on January 3 during a trip across the Atlantic Ocean en route to Halifax, Nova Scotia. The ship was spotted Tuesday, January 15, as the 7,510 TEU-capacity containership was under tow to Halifax by the […]
May’s Brexit Deal Suffers Stinging Defeat in Parliament
By William James, Kylie MacLellan and Elizabeth Piper LONDON, Jan 15 (Reuters) – British lawmakers defeated Prime Minister Theresa May’s Brexit divorce deal by a crushing margin on Tuesday, triggering political chaos that could lead to a disorderly exit from the EU or even to a reversal of the 2016 decision to leave. After parliament […]
U.S. Homeland Security Chief Seeks Pay for Coast Guard as Service Members Miss First Paycheck
WASHINGTON, Jan 15 (Reuters) – U.S. Homeland Security Secretary Kirstjen Nielsen said on Tuesday she was working with the White House and Congress to pass legislation to fund the Coast Guard so that its workers could get paid even amid the partial government shutdown. “Like the other branches of the U.S. military, active duty @USCG […]
Singapore 2018 Bunker Volumes Dip, Outlook for this Year Uncertain
By Roslan Khasawneh SINGAPORE, Jan 15 (Reuters) – Sales of marine fuels in Singapore, the world’s biggest ship fuelling port by volume, totalled 49.8 million tonnes in 2018, down 2 percent from a record the year before, the Maritime and Port Authority of Singapore (MPA) said on Monday. December sales volumes of marine fuels, also […]