Monday, January 18, 2021
Ports

Trafigura Wins Rare Bonded Bunker License in China’s Marine Fuel Hub

SINGAPORE, Jan 15 (Reuters) – Commodities trader Trafigura has won a licence to supply bonded marine fuel at the port of Zhoushan, China’s top bunker fuel hub, a company spokeswoman...

January 18, 2021
Total Views: 1909

Friday, January 15, 2021
Ports

Port of Long Beach Reports Busiest Year in 2020 Despite Headwinds

The Port of Long Beach moved a record 8.1 million TEUs in 2020 despite facing headwinds from the COVID-19 pandemic and the ongoing trade war with China. Total cargo volumes...

January 15, 2021
Total Views: 1805

Ports

Port of Los Angeles Reports Fourth-Busiest Year on Record in 2020

The Port of Los Angeles reported its fourth best year on record in 2020 as a late-year surge of pandemic-induced consumer spending helped boost volumes to near 2019 levels. In...

January 15, 2021
Total Views: 989

Tuesday, January 12, 2021
Bohai_Bay,_China
Ports

Sea Ice Slows Ships In North China Ports

By Muyu Xu and Chen Aizhu (Reuters) – Chinese ports and marine safety authorities are on high alert as an expansion of sea ice makes it tougher for ships to berth...

January 12, 2021
Total Views: 2678

Monday, January 11, 2021
lng carrier
Ports

Freezing Weather Snarls Asian Port, Sending Energy Prices Soaring

By Bloomberg News (Bloomberg) — China’s coldest winter in decades meant state-owned energy giant Sinopec was desperate to unload heating fuel from a vessel headed to a northern port, yet freezing...

January 11, 2021
Total Views: 1826

Sunday, January 10, 2021
Ports

Large Fire at Ireland’s Port of Cork Brought Under Control

DUBLIN, Jan 9 (Reuters) – Firefighters have brought a large fire at the southern Irish port of Cork under control and no casualties were reported, the port authority, which recently...

January 10, 2021
Total Views: 6144

Thursday, January 7, 2021
Ports

U.S. Trade Gap Widened to Second-Biggest on Record in November

By Eric Martin (Bloomberg) — The U.S. trade deficit widened to the second-largest on record in November as merchandise imports reached a more than one-year high in the midst of the...

January 7, 2021
Total Views: 1955

Wednesday, January 6, 2021
Ports

European Shippers Claim Carriers are Breaching Contracts to Demand Higher Rates

By Mike Wackett (The Loadstar) As Asia-Europe container spot rates continue to skyrocket, shippers and freight forwarders are accusing carriers of breaching short- and long-term contracts to “charge whatever they want”. In...

January 6, 2021
Total Views: 2442

Wednesday, December 30, 2020
Ports

Iraq Signs $2.6 Billion Deal with DSME to Build First Phase of Faw Port

BAGHDAD, Dec 30 (Reuters) – Iraq agreed a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction (047040.KS) on Wednesday to build the first phase at its planned Faw...

December 30, 2020
Total Views: 1801

Ports

Iraq Signs $2.6B Port Deal With Daewoo

by Maher Nazeh (Reuters) – Iraq agreed to a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction ($047040.KS) on Wednesday to build the first phase at its planned...

December 30, 2020
Total Views: 1367

Loading Soybeans aboard ship in Rosario, Argentina
Ports

Massive Argentina Oilseed Strike Is Over

By Hugh Bronstein and Maximilian Heath (Reuters) – Argentina’s soy crushing companies signed a contract with the country’s oilseed workers unions late on Tuesday, ending a 20-day strike over wages...

December 30, 2020
Total Views: 824

Wednesday, December 23, 2020
Ports

Clogged U.K. Port Reopens in Chaos as Truckers Await Covid Tests

By Lizzy Burden, Deirdre Hipwell and Joe Mayes (Bloomberg) — Vital trade and travel links between the U.K. and continental Europe slowly reopened after France eased border restrictions, but huge backlogs...

December 23, 2020
Total Views: 1590

Ports

Freight Boom Fires Buffett Trains, Maersk Ships and Oil Prices

By Alaric Nightingale, Jeffrey Bair and Christian Wienberg (Bloomberg) — A great global restock is at hand, filling ships, trucks and trains, and also firing oil demand. During the depths of...

December 23, 2020
Total Views: 10055

Tuesday, December 22, 2020
Ports

U.K. Warned That No-Deal Brexit Would Exacerbate Port Crisis

By Richard Weiss and Christopher Jasper (Bloomberg) — U.K. port snarl-ups would be exacerbated in a no-deal Brexit, shipping giant Hapag-Lloyd AG warned as vital ferry links to France remained closed...

December 22, 2020
Total Views: 1601

Ports

Bottlenecks Wear Down World Economy’s Fleet of Container Ships

By Brendan Murray (Bloomberg) – Container shipping, the backbone of the global trading system, is showing signs of fatigue as the pandemic descends into its darkest days. Carriers reaping the biggest...

December 22, 2020
Total Views: 16419

Ships at anchor in Santa Fe, Argentina
Ports

Over 100 Grain Ships Delayed Due To Argentine Port Strike

By Hugh Bronstein and Maximilian Heath (Reuters) Argentina is the No. 1 international exporter of soymeal livestock feed used to fatten hogs and poultry from Europe to Southeast Asia. Contract...

December 22, 2020
Total Views: 2093

Wednesday, December 16, 2020
Ports

Britain’s Retail Industry Demands Probe of Disruption at Ports

By James Davey LONDON, Dec 17 (Reuters) – Britain’s retailers and food manufacturers have called on lawmakers to urgently investigate ongoing disruption at UK ports, warning that delays were hurting...

December 16, 2020
Total Views: 2313

Ports

COVID Restocking Surge Continues at Port of Los Angeles

The Port of Los Angeles reports that November cargo volumes were up more than 20 percent compared to last year on a combination of increased consumer spending, holiday shipments and...

December 16, 2020
Total Views: 2354

Ports

Nation’s Busiest Port, Buried in Imports, Plucks Out Toys to Load Santa’s Sleigh

By Lisa Baertlein LOS ANGELES, Dec 15 (Reuters) – Workers at the busiest U.S. seaport are plucking containers of toys off ships and out of massive stacks of cargo swamping...

December 16, 2020
Total Views: 2360

Thursday, December 10, 2020
port of long beach
Ports

World Shipping Council: Assessing the COVID Cargo Crunch

(World Shipping Council) – To say that current trade conditions are challenging would be an understatement, particularly in North America, which is experiencing an unprecedented surge in imports from Asia. ...

December 10, 2020
Total Views: 2102