Sea
An indefinite strike began 11 a.m. Halloween morning at the Port of Montreal’s Viau and Maisonneuve terminals, by the Canadian Public Employees Union (CUPE) Local 375, the longshore workers’ union.The two Termont-operated terminals are closed, with no rail, truck or ship services provided, paralyzing about 15 percent of total volume and 40 percent of the port’s total container handling capacity. Ships and trains have resorted to other routes, the Montreal ...
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Global ocean container supply chains experienced record-high carbon emission in the third quarter of 2024, due to the ongoing impact of conflict in the Red Sea, spiraling freight rates and congestion, according to Xeneta, the ocean and air freight rate benchmarking and market analytics platform.
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Drewry, the independent maritime research consultancy, has introduced Breakbulk Sea Transport Indices for project and general cargo vessel segments, to “better reflect the nuances of the multipurpose sector.”The new indices, which replace the previous Multipurpose Time Charter Index, highlight the relative strength of project cargo, ...
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The Port of Baltimore launched double-stack rail operations to and from the port on Oct. 28, opening competitive intermodal opportunities in the Northeast and to Midwestern markets.Part of the Howard Street Tunnel Project, double-stacking capacity will bring cost efficiencies, environmental benefits and help the port ...
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The U.S. Justice Department said Oct. 24 that the owner and operator of the container vessel Dali, have agreed to pay US$102 million to resolve a civil claim brought by the U.S. for costs borne in responding to the catastrophic collapse of the Francis Scott ...
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A.P. Moller - Maersk has upgraded its full-year guidance for 2024, due to a third quarter operating profit of US$3.3 million, based on preliminary unaudited figures, the shipping giant said Oct. 21.APMM now expects full-year 2024 operating income of US$5.2 billion to US$5.7 billion, up ...
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Transits of the Panama Canal dropped 29 percent in the Panama Canal Authority’s fiscal year 2024, which ended Sept. 30, reports Simon Heaney, Drewry’s senior manager, container research.Transits of the Central American cut-through reached 9,936 in FY2024, down 29.4 percent from the 14,080 transits in ...
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The Oregon International Port of Coos Bay has been awarded a US$25 million U.S. Department of Transportation grant for the development of its Pacific Coast Intermodal Port, or PCIP.The funding, from the DOT’s Infrastructure for Rebuilding America program, or INFRA will support environmental compliance and ...
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SeaPort Manatee is to receive US$9.5 million to jumpstart recovery from Hurricane Milton, Florida Gov. Ron DeSantis said Oct. 14.The emergency funding comes as fuel, food and other key goods are again beginning to flow from SeaPort Manatee to consumers throughout Southwest and Central Florida ...
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Port Canaveral has signed an agreement with the Liebherr Group to acquire a third mobile harbor crane, a significant enhancement to its cargo handling capabilities.The 320-foot-tall Liebherr LHM 600, represents the latest addition from Liebherr's newly launched mobile harbor crane product line. It’s the third ...
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