Friday, February 5, 2021
Containership docking Port of Long Beach
Ports

U.S. Annual Trade Gap Grows to Biggest Since Financial Crisis

By Eric Martin (Bloomberg) — The U.S. last year posted its biggest annual trade deficit since 2008 as the global health crisis depressed export markets for American companies. The gap in...

February 5, 2021
Total Views: 1048

Thursday, February 4, 2021
port of long beach
Ports

Cargo Boom Continues at Nation’s Second-Busiest Port

The Port of Long Beach has reported its busiest January on record as the cargo boom continues into 2021. Dockworkers and terminal operators at the port moved 764,006 twenty-foot equivalent...

February 4, 2021
Total Views: 2736

Monday, February 1, 2021
Containership docking Port of Long Beach
Ports

FMC Urges Biden Administration to Expedite Vaccinations for Nation’s Dockworkers

By Gavin van Marle (The Loadstar) – Federal Maritime Commissioners Carl Bentzel and Daniel Maffei have written to US president Joe Biden urging his new administration to classify the country’s dockers and...

February 1, 2021
Total Views: 985

Tuesday, January 26, 2021
shipping containers
Ports

Frozen Fish Pileup in China Ripples Across Global Supply Chain

By Ann Koh (Bloomberg) — A huge pile up of fish cargoes at a Chinese port risks impacting shipments of frozen food across the country and beyond. Hundreds of containers are...

January 26, 2021
Total Views: 5901

Ports

Anchored Containerships Off Los Angeles/Long Beach Flee Winter Storm

By Brendan Murray (Bloomberg) — Cargo ships enduring one of the worst U.S. port bottlenecks in more than a decade faced down another obstacle as they waited to offload near Los...

January 26, 2021
Total Views: 7831

Tuesday, January 19, 2021
Ports

Great Lakes Sees Strong 2020 Navigation Season Despite COVID Headwinds

Overall tonnage transported by ships in the binational Great Lakes-St. Lawrence Seaway system was down slightly in the 2020 navigation season compared to 2019, despite headwinds from the COVID-19 pandemic....

January 19, 2021
Total Views: 1743

Ports

Singapore Seeks to Vaccinate 10,000 Maritime Workers in January

Singapore has unveiled plans for an aggressive vaccination blitz for frontline maritime workers that aims to put some 10,000 needles in arms by the end of the month. The COVID-19...

January 19, 2021
Total Views: 1714

Monday, January 18, 2021
china port
Ports

China’s Economy Ends 2020 Upbeat After COVID-19 Shock

By Gabriel Crossley and Kevin Yao BEIJING, Jan 18 (Reuters) – China’s economy picked up speed in the fourth quarter, with growth beating expectations as it ended a rough coronavirus-striken 2020...

January 18, 2021
Total Views: 1208

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: 1927

Friday, January 15, 2021
Containership docking Port of Long Beach
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: 1838

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: 998

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: 2705

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: 1834

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: 6161

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: 1971

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: 2469

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: 1817

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: 1376

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: 834

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: 1596