Ports & Logistics
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ports and logistics sector through our expert coverage
Portland secures operator for struggling container terminal
Oregon’s only container terminal has battled closure for most of 2024, after years of losses following labour and contract disputes between the International Longshore and Warehouse Union and former operator International Container Terminal Services
Vessels told to stay clear of Syrian port after Israeli strikes
Israeli media said the strikes targeted Syrian naval assets belonging to the former Assad regime, which the IDF feared may fall into the wrong hands
Transpacific spot rates hit by combo of lower US imports and higher vessel supply
It makes sense that transpacific spot rates are lower. US imports are far from weak but they’re declining sequentially amid a normal seasonal lull. At the same time, vessel supply in the transpacific has increased and competition for cargoes is high
Methanol-to-H2 start-up has a plan to power ports
Converting methanol to hydrogen to use in fuel cells could help provide green power in ports where green electricity is unavailable, according to e1 Marine
Large cocaine shipment stopped at Dominican Republic port
Discovery at the port of Caucedo is the latest to see an important seizure of drugs, following the 13 tonnes uncovered at Spain’s Algeciras port last month
Ports and terminals face climate and infrastructure challenges
Insurers are an important piece of the solution to protecting global trading routes
Optimising port calls could cut some ships’ emissions by up to 25%
A study of port emissions from ships waiting between 2018-2022 found significant opportunities for emissions cuts, but highlighted the need for regulation that targets the industry overall
No container rate upside yet from strike prep or tariff frontloading
The Shanghai Containerised Freight Index is up again this week. European rate strength remains the driver, with transpacific rates continuing to ease, despite US importer concerns over labour disruptions and tariffs
Indian ports strike looms as agreement implementation falters
The strike planned for late August was postponed after a meeting where an agreement was reached to address the unions’ demands
Wan Hai and ONE join forces on China-US west coast trade
Launch of the new service underlines Wan Hai’s strategy to expand its footprint on the competitive transpacific trade
Panamaxes pull down entire dry bulk sector with no rebound in sight
Lower Brazilian corn exports to China, minimal congestion at Brazilian ports, normalised Panama Canal transits and a hefty orderbook — it all adds up to too many panamaxes chasing too few cargoes, and panamaxes cannibalising demand for both capesizes and smaller geared bulkers
Hong Kong transport minister sacked amid calls to accelerate shipping policies
Lam was a key speaker during the recent Hong Kong Maritime Week, promoting the government's green fuel bunkering initiative. His dismissal comes as the city faces economic headwinds and struggles to regain its status as a leading maritime hub
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