Sea
Canaveral Port Authority CEO Capt. John Murray in his annual state of the port address, detailed how all segments of operations – cruise, cargo, recreation, real estate, commercial fishing and aerospace – contributed to the Central Florida port’s performance.
Revenue for fiscal year 2025 reached US$218 million, with US$182 million coming from the port’s cruise business. Cargo raised US$25 million and non-ship operations were US$211 million.
"Our business growth and solid financial ...
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Following U.S.-China trade negotiations, China has committed to resume imports of U.S. soya beans and will purchase 12 million tonnes during the rest of 2025 and 25 million tonnes per year during the next three years, like 2024 volumes. If these commitments are met, U.S. ...
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Coal shipments are forecast to decline 4.9 percent between 2025 and 2027, as demand is falling as electricity generation from renewable sources continues to expand, particularly in China, Europe and India, said BIMCO, the Danish shipping association.
Furthermore, the global steel demand outlook is weak, contributing ...
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Global investment firm KKR said it has launched Galaxy Container Solutions, a global marine container leasing and financing platform, in partnership with a team of industry veterans.
Galaxy will be owned by KKR-managed credit funds and accounts, which are committing US$500 million to the company via ...
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Average container market spot rates from the Far East to U.S. was flat on all five main front-hauls the week of Oct. 31, and remain so against levels seen in mid-October, said Xeneta, the freight rate benchmarking and market analytics platform.
Compared to September, average Far ...
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The 19th edition of One World’s Market Sentiment Index (MSI) for the multipurpose and breakbulk Industryreflects a modest rise for the first time in 2025 to a level of 53.3, despite a maritime industry roiled by the chaos of the U.S. administration.
Of the 27 carriers ...
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The American Maritime Partnership said it has released a study by Seafarers’ Rights International (SRI) that finds cabotage laws exist on 85 percent of the world’s coastlines and are growing in number at an unprecedented pace.
The Cabotage Laws of the World report, commissioned by the ...
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Global freight forwarder and logistics provider U-Freight Group (UFL) said it strengthening its presence in the pharmaceutical and medical logistics sector through a deepened strategic partnership and a major new contract in China.
A year after signing a strategic cooperation agreement with Shanghai Hongyu Supply Chain ...
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The Port of New Orleans, or Port NOLA said its Louisiana International Terminal project became the first new project in the U.S. and Louisiana to register with the Envision Sustainable Infrastructure Framework project.
Port NOLA said it registered LIT with the globally recognized framework to standardize ...
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The Port of Long Beach said softening consumer demand and rising prices driven by shifting trade policies led to a 3.9 percent decline in cargo containers in September.
Dockworkers and terminal operators moved 797,537 twenty-foot equivalent units (TEUs) of cargo containers last month. Imports decreased 6.9 ...
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