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Davies Turner, MGF Partner on Canada Services

UK freight and logistics provider Davies Turner has signed a partnership agreement with Manitoulin Global Forwarding, or MGF, the Canadian transportation specialist. Davies Turner said the collaboration significantly enhances its ocean freight capabilities for the Canadian market, including improved service coverage, faster transit times and increased supply chain efficiency. The partnership follows Canada’s agreement to ratify Britain’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP, which could lead ... [+]

Oregon to Invest $100 Million in Coos Bay’s PCIP

The Oregon Legislature on June 30 approved a landmark US$100 million investment in the Pacific Coast Intermodal Port, or PCIP, a transformative public-private project that will create a container terminal in the Port of Coos Bay. The PCIP project will establish a modern, ship-to-rail container terminal ... [+]

Ship Recycling to Double to 16,000 Ships, BIMCO

Global ship recycling could double to 16,000 ships, totaling more than 700 million deadweight tonnes over the next 10 years, said Niels Rasmussen, chief shipping analyst at BIMCO. The Danish international shipping association for shipowners updated its estimate following the entry into force of the Hong ... [+]

ONE Adds Sixth Ammonia-Methanol-ready Vessel

Ocean Network Express held a naming ceremony for the ONE Singapore, the sixth vessel in a series of 20 ammonia/methanol ready container vessels at the Hiroshima Shipyard of Imabari Shipbuilding Co. Ltd. in Japan. The 13,900 TEU Singapore-flagged vessel, which is methanol and ammonia-ready, follows the ... [+]

Maersk Introduces New Dual-fuel Vessel Class

Ocean logistics giant A.P. Moller - Maersk named the first vessel in a series of 17,480 TEU vessels equipped with dual-fuel methanol propulsion, at a ceremony June 18 at Hyundai Heavy Industries’ (HHI) yard in Ulsan, South Korea. The Berlin Mærsk, is the 14th dual-fuel newbuild ... [+]

Long Beach Blames Tariffs for 8.2% May Cargo Dip

Trade moving through the Port of Long Beach declined 8.2 percent in May due to tariffs and retaliatory tariffs, but a temporary pause on those fees will likely trigger a cargo surge by late June. Dockworkers and terminal operators processed 639,160 twenty-foot equivalent units, or TEUs ... [+]

Tariffs Topple LA Port Volume, FY 2025-26 Budget

The Port of Los Angeles blamed the impacts of tariffs on imports and exports, as its May volume fell 5 percent to 716,619 twenty-foot equivalent units, or TEUs, and ending 10 straight months of year-over-year growth in overall cargo volume. “May marked our lowest monthly cargo ... [+]

Freedom Intermodal, NOPB Expand at Port NOLA

The New Orleans Public Belt Railroad, or NOPB, said it has strengthened its partnership with Freedom International Tank Services, a full-service, logistics provider headquartered in New Orleans. Freedom Intermodal’s recent launch of its railcar cleaning services, as well as an expansion of transloading capacity and railcar ... [+]

OECD Lowers 2025-26 Global, US Forecast

Global economic prospects are weakening, with substantial barriers to trade, tighter financial conditions, diminishing confidence and heightened policy uncertainty projected to have adverse impacts on growth, according to the Organization for Economic Cooperation and Development’s (OECD) latest Economic Outlook (https://tinyurl.com/mr3m6fbh). Global growth has slowed from 3.3 ... [+]

Port Milwaukee: Great Lakes Demonstrate Value

Benefitting from a major U.S. policy change, Port Milwaukee held an event June 16 to spotlight the vital role the Great Lakes maritime industry plays in regional economic development, international trade, and community prosperity. On April 17, the U.S. Trade Representative’s final determination exempts Great Lakes ... [+]

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