CHITTAGONG PORT SEES 13% FALL IN EXPORT CONTAINER HANDLING Port of Chittagong Handling of outbound containers at Chittagong port fell by 13% in October, compared to September, in a month that both the transport drivers and garment workers enforced repeated strikes. Data shows that in October, the prime seaport of Bangladesh handled 66,932 TEU of […]
Category Archives: Marine News EN
07
Dec
Dec
PERU BECOMES NEW CENTER OF RIVALRY BETWEEN THE U.S. AND CHINA The U.S. has moved to counter China’s investments in a mega port in Peru with the Department of State funding an initiative that will establish a sister relationship between the ports of Hueneme in California and Paita in Peru. As China’s President Xi Jinping inaugurated the […]
06
Dec
Dec
PORT OF WEIFANG BECOMES CHINA’S FIRST “CARBON-NEUTRAL” SEAPORT Weifang Port has become the first port in China to officially achieve carbon neutrality, amid a huge push to decarbonize the global shipping industry. On 15 October, the port in Shandong was certified as carbon-neutral by the China Classification Society Quality Certification Company, according to a government statement. […]
06
Dec
Dec
CLOSURE AT CANADA’S LARGEST PORTS BEGINS The International Longshore and Warehouse Union (ILWU) Local 514 began striking at West Coast Canadian ports on November 4 in response to the British Columbia Maritime Employers Association (BCMEA) announcing port lockouts starting that afternoon to “ensure operations cease safely and orderly.” BCMEA argued that ILWU’s strike actions disrupted […]
04
Dec
Dec
TANKER RATES EDGE UPWARDS BUT UNCERTAINTIES REMAIN Brokers noted a number of off-market deals agreed during Bahri Week in Dubai and the signs, for the moment, are broadly positive. Private deals agreed in Dubai last week moved rates upwards in owners’ favour with earnings on most routes in positive territory, according to reports. Brokers noted […]
STRETCHED AND INSECURE SUPPLY CHAINS HURT THE POOREST NATIONS MOST Extended supply chains are increasing shipping costs and are having a “profound impact” on global energy and food supplies as well as the global economy according to the United Nations Conference on Trade and Development (UNCTAD)’s latest maritime review. The Review of Maritime Transport 2024 […]
03
Dec
Dec
ONE IN THREE BALLAST WATER SYSTEMS FAIL TO MAKE THE GRADE About a third of all ballast water management systems (BWMS) are failing to meet Port State Control requirements by a wide margin despite having successfully passed commissioning tests after installation. Shocking figures revealed by Global TestNet, an association of testing organisations set up in […]
30
Nov
Nov
HO CHI MINH CITY SETS GOAL TO BECOME A REGIONAL LOGISTICS HUB Ho Chi Minh City aims to become a leading logistics hub in Southeast Asia by 2030, positioning the industry as a core driver of the local economy while actively participating in the global supply chain. The city is focusing on developing logistics infrastructure, […]
26
Nov
Nov
WHY ARE PORTS CONGESTED? SHIPPING LINES BLAME… THEMSELVES Lloyd’s List – Speaking at an international maritime industry conference, CMA-CGM executives attributed increasing port congestion to the rising number of ultra-large container ships. They explained that this has strained port operations, necessitating new operating models for both shipping lines and ports. Experts from consultancy Linerlytica pointed […]
22
Nov
Nov
FLEET SHRINKS, VOSCO PLANS TO BUILD NEW SHIPS Vietnam’s “big brother” in maritime transport, Vosco, plans to invest in building new oil tankers and bulk carriers after years of being unable to acquire new vessels. According to its latest report, Vosco has proposed purchasing two Supramax bulk carriers and constructing three new MR product tankers […]
