News


China'a April Exports Stronger than Expected

China's exports rebounded more strongly than expected in April after a surprise drop the previous month, suggesting global demand remains relatively resilient and providing a cushion to the economy amid a heated trade dispute with the United States.

Could US Sanctions Hit Iranian Crude Exports?

Oil prices are at more than three-year highs, driven by an expectation that renewed U.S. sanctions on Tehran over the country's nuclear program will disrupt Iranian crude flows.But without the Europe Union,

Tightening CA Environmental Regs Could Impact West Coast Supply Chains

In a similar fashion to Gulf coast offshore energy producers who, in some instances, must document and count the environmental impact of their third party standby boats, offshore service vessels and other assets,

Poland Cuts Dependence on Russian Oil but at a Cost

Poland's imports of Russian oil last year fell to their lowest level since 2005, a central bank report published on Tuesday showed, though Warsaw's bid to diversify its energy imports also meant paying higher prices.

Great Lakes/Seaway Iron Ore Trade Behind 2017

Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 5.5 million tons in April, a decrease of 6.3 percent compared to a year ago but nearly 15 percent ahead of the month’s five-year average, the Lake Carriers’ Association (LCA) reported.

Study Calls to Reduce Ship Speed for Arctic

 In the Arctic, marine mammals such as belugas and bowhead whales rely on a quiet environment to communicate and forage.   But as Arctic sea ice shrinks and shipping traffic increases, vessel disturbance could very likely impact their social behaviours,

DP World to Develop Egypt Port Terminal

 A Memorandum of Understanding (MoU) agreed by DP World, Egypt’s Holding Company for Maritime and Land Transport and the Suez Canal Authority is aiming to develop a new Inland Container Depot (ICD) in Egypt’s 6th of October City,

Navios Maritime Containers Acquires Three Containerships

 Navios Maritime Containers, a growth vehicle dedicated to the container sector, announced  that it agreed to acquire three containerships for a total purchase price of $117.25 million.    Navios Containers agreed to acquire two 8,204 TEU containerships, the YM Utmost and the YM Unity, for $67.

Port of Newcastle CEO Geoff Crowe Resigns

 Port of Newcastle advises that Geoff Crowe, Chief Executive Officer, has informed the Board of his intention to resign, effective at the end of June.   Geoff joined Port of Newcastle in July 2015 with extensive experience in the coal mining and logistics industry.

US, China Trade Talks to Continue in Washington Next Week

China's top economic official will visit Washington next week to continue trade talks with Trump administration officials, the White House said on Monday, after two days of talks in Beijing last week failed to produce a breakthrough.

AAPA Valparaiso 2018: 60% of the Exhibition Area Already Booked

The Annual Convention of the American Association of Port Authorities – an event that for the first time in 107 years will take place in South America – has already confirmed the reservation of 60 percent of the exhibit booths within its expo, to be held in the Valparaiso Passengers Terminal.

Danish Fleet Surpasses 20 million GT

The total gross tonnage of the Danish ship registry recently surpassed 20 million GT for the first time in history.Denmark, which has been steadily climbing the ranks as a shipping nation, is currently the world's 12th largest register.