The sharp drop in bunker prices has not undermined the competitiveness of new liquefied natural gas-powered container feeder ships for the North/Baltic Sea sulphur emission control area, according to German shipowner Nordic Hamburg.
Daniel B. Maffei, a former congressman from New York, has been nominated by President Obama to succeed Richard Lidinsky Jr. as one of the five members of the U.S. Federal Maritime Commission.
Jawaharlal Nehru Port Trust has issued a tender calling for proposals from domestic and international firms to set up industrial units at its much-awaited special economic zone, as India’s biggest container handler looks for new avenues to grow its cargo volumes amid slowing global trade.
The fleet of idle container ships above 500 twenty-foot-equivalent units has surged to a five-year high of 1.2 million TEUs and more vessels will join the jobless queue in the coming weeks, Alphaliner said.
Demand for air cargo shipments in Asia fell slightly in October on the back of continued weakness in export-import activities in the major regional economies of China, India and Japan, according to the latest data from the Association of Asia Pacific Airlines.
China's leaders seldom miss an opportunity to punt their Belt and Road trade strategy, and when Premier Li Keqiang met with Lithuania's Prime Minister Algirdas Butkevicius in east China's Suzhou City, he called for more progress in joint railway and port projects.
A decision on whether BNSF Railway will be allowed to build an intermodal container transfer facility considered crucial to growth at the ports of Los Angeles and Long Beach could be made next spring.
Container volume at the Port of New York and New Jersey posted year-over-year gains in October, driven by increased exports of empty containers.
For-hire truck tonnage reversed two months of decline in October even as inventories remain a drag on truck freight volume, according to the latest figures from the American Trucking Associations.
Brazil’s Special Ports Ministry, or SEP, is preparing to launch a new National Plan for Port Logistics, or PNLP, which will outline future growth in the sector up to the year 2042 and underpin investments totaling more than 40 billion reais ($10.77 billion).