Freight rates for panamaxes trading the Pacific remained firm due to a flurry of business ahead of the Lunar New year, shipbrokers said on Tuesday. In the Far East, owners of larger panamax sizes have been negotiating firm returns recently and continue to do so. Chinese charterers told shipbrokers that business there will grind to a halt between January 24 and 30 in observance of the Lunar New Year celebrations. Brokers added that the impending holiday will start to affect the panamax markets by the end of the week and added that demand during the following week could be limited. Meanwhile, despite a firmer tone in the Atlantic panamax sector, many shipbrokers believe that in the near term, the sector will be at best steady, due to a recent sentiment that Atlantic rates could see a revival was based more on optimism than fact. Brokers pointed out that only limited orders were emerging in the U.S. Gulf due to a long weekend in the U.S. and saw no reason to hint that rate trends would change sharply for the better. However, severe weather patterns on Atlantic trading routes could cause disruption and delays in the weeks ahead for the panamax market, thus pushing rates up on a positional basis, brokers added. The Baltic Panamax Index saw fractionally better rates for Atlantic trades on Tuesday, hinting the sector is tending towards a more stable position.
Freight rates for Panamaxes trading the Pacific remained firm due to a flurry of business ahead of the Lunar New year, shipbrokers said on Tuesday. In the Far East, owners of larger Panamax sizes have been negotiating firm returns recently and continue to do so. Chinese charterers told shipbrokers that business there will grind to a halt between January 24 and 30 in observance of the Lunar New Year celebrations. Brokers added that the impending holiday will start to affect the Panamax
Shipping lines are expected to curtail cargo operations at U.S. West Coast ports again this weekend amid stalled labor talks between the companies and the union representing 20,000 dockworkers, the chief executive of the Port of Long Beach said on Wednesday. "This weekend is going to be yet another limited operating weekend, just like last weekend was," Long Beach port CEO Jon Slangerup said in an interview with Reuters in New York
With the ending of the BART workers' strike, SF Bay Ferry say they were pleased to do their part, having carried triple the number of commute passengers. Boats carried more than 54,000 passengers‹triple their pre-strike daily average. Below is a cumulative overview of total SF Bay Ferry ridership from July 1-3, 2013. UPDATED SCHEDULE: This weekend, July 6 and 7, SF Bay Ferry will be running regular weekend service between Vallejo and San Francisco
The U.S. Coast Guard issued a safety travel advisory for sections of the upper Mississippi and Missouri rivers due to rising water levels near St. Louis. The Coast Guard said barges traveling on the upper-Mississippi River near Alton, Illinois, to Cape Girardeau, Missouri, (mile markers 205.0 to 55.2) and on the Missouri River near St. Louis (mile markers 0.0 to 150.0) were advised to watch for sudden changes in river conditions over the next several days.
With the announcement that BART Unions and BART management have requested an extension of their negotiations for another day, the SF Bay Ferry will continue with its regular weekday schedule Wednesday, October 16. If a partial day midday strike occurs, San Francisco Bay Ferry will operate its strike schedule for the whole day and will return to its regular schedule the next morning. Weekend BART strike service will be provided to/from the Vallejo, Oakland
American Technology Corporation (ATC) (NASDAQ:ATCO), announced that its LRAD 1000X directed sound system was used by the Japanese Maritime Self-Defense Force to help prevent a pirate attack on a Singaporean tanker off the coast of Somalia on the weekend of April 4. Responding to a distress call from the tanker, a Japanese destroyer used LRAD’s powerful voice commands to identify itself and warn the pirates away.
Fundraiser, dedication ceremony and public visits to highlight ship’s visit over July 4 weekend. It’s not just Rhode Island but the whole of North America that is watching as the SSV Oliver Hazard Perry becomes a reality. The 196-foot, three-masted, square rigged tall ship, currently under construction and designated by the legislature and the Governor of Rhode Island as the state’s official “Sailing Education Vessel
With the announcement that the BART Strike is on, the SF Bay Ferry has implemented increased service on most routes. Enhanced service will begin with a 5 a.m. Vallejo departure to San Francisco on Friday, October 18. See sanfranciscobayferry.com for all BART strike schedules. The BART strike service schedules will be in effect until BART formally announces the strike is called off. If a partial day mid-day strike occurs
Royal Caribbean International’s two Asian-based cruise ships Voyager of the Seas and Legend of the Seas both arrived at Marina Bay Cruise Center Singapore in the morning and were berthed side by side for the first time here. Voyager of the Seas, the largest cruise ship based in Asia, was starting on her eight-night cruise to Shanghai while her sister ship Legend of the Seas was leaving for a two-night Malacca weekend cruise as part of her Singapore season. www.royalcaribbean.com
Changes to sea port charges have been implemented in Qatar, as per the decision of the country's Council of Ministers. 20' containers (clear in approx. 3–7 days, depending on weekend & availability of paperwork):
The first cruise ship of the 2015 season will depart Port Metro Vancouver this weekend. An exciting and increasingly popular cruise itinerary will run back-to-back trips between Vancouver and Hawaii for the first time, bringing an earlier-than-usual start to the 2015 Canada Place cruise
Portsmouth Naval Shipyard (PNSY) has completed the restoration of the motor generator set for the Ohio-class ballistic-missile submarine USS Rhode Island (SSBN 740) on February 23 – three days ahead of schedule, the U.S. Navy reported.
Long Beach Mayor Robert Garcia is leading a Port of Long Beach delegation on a weeklong business development trip this week to meet with executives at the European home offices of the world’s three largest shipping lines. The group will update Port customers on the impact of the
Dampier Port Authority has advised that there is a high probability of a tropical cyclone forming by late Wednesday or early Thursday between Indonesia and North West WA. It is possible that this cyclone will affect coastal waters including Dampier by the end of the week.
Lord John Browne heads DEA's supervisory board * LetterOne co-owners Fridman, Khan also join * Unit changes name to DEA Deutsche Erdoel AG FRANKFURT, March 3 (Reuters) - DEA, the oil and gas company that German utility RWE sold to Russian billionaire Mikhail Fridman
Carnival Cruise Line will expand capacity on its four- and five-day short cruise program from New Orleans by 34 percent when Carnival Triumph replaces Carnival Elation on this schedule next spring, providing an exciting Fun Ship 2.0-equipped ship on this highly popular itinerary.
Striking truck drivers resumed some roadblocks in Brazil on Monday even as the government cracked down on protesters and promised to implement a law to lower toll costs and give other benefits to the transport sector. Nationwide there were 24 road blockages in four states
An accommodation ship, the SNAV Toscana is due at Lerwick on or around 6 March 2015 to supplement the floating accommodation at the port. Formerly operated as an Italian ferry, the 169 metre long ship is due to remain in port until the end of May 2015
Federal regulators approve expanded working pact for Port of Long Beach and Port of Los Angeles to cooperate on congestion relief The ports of Long Beach and Los Angeles received federal approval Thursday to cooperate more vigorously on finding new ways to prevent congestion and cargo
The Long Beach Board of Harbor Commissioners this week appointed port industry veterans Michael Christensen and Glenn Farren to newly created management positions to enhance cargo flow and service at the Port of Long Beach. Christensen
Chicago Mercantile Exchange live cattle futures will likely edge upward on Monday on short-covering and last weekend's West Coast labor dispute agreement, traders said. Cargo loading and unloading resumed full operations on Saturday after shipping companies and union dock workers reached a
Port of Long Beach feels effects as backlog continues Lingering congestion at West Coast seaports drove down container cargo by 18.8 percent in January at Long Beach compared to the same month last year, the port announced.
LOS ANGELES, Feb 18 (Reuters) - Two U.S. Cabinet secretaries joined congressional leaders, three governors and a big-city mayor on Wednesday in pushing shipping lines and the dockworkers' union to settle a contract dispute that has led to months of turmoil and cargo backups at 29 West Coast ports
U.S. Labor Secretary Tom Perez on Tuesday urged shipping company executives and union leaders for 20,000 dockworkers to settle a contract dispute that has led to months of clogged cargo traffic and other disruptions at 29 West Coast ports.