Arctic melting slowed enough in midsummer that scientists don't expect this year's sea ice minimum to set a new record. This year’s melt season in the Arctic Ocean and surrounding seas started with a bang, with a record low maximum extent in March and relatively rapid ice loss through May. The melt slowed down in June, however, making it highly unlikely that this year’s summertime sea ice minimum extent will set a new record. “Even when it’s likely that we won’t have a record low, the sea ice is not showing any kind of recovery. It’s still in a continued decline over the long term,” said Walt Meier, a sea ice scientist at NASA’s Goddard Space Flight Center in Greenbelt, Maryland. Walt added: “It’s just not going to be as extreme as other years because the weather conditions in the Arctic were not as extreme as in other years.” “A decade ago, this year’s sea ice extent would have set a new record low and by a fair amount. Now, we’re kind of used to these low levels of sea ice – it’s the new normal.” As scientists are keeping an eye on the Arctic sea ice cover, NASA is also preparing for a new method to measure the thickness of sea ice – a difficult but key characteristic to track from orbit.
Superior Midwest Energy Terminal (SMET) in Superior, Wis., loaded 2,548,173 net tons of coal in July, a new record for the most coal to be shipped by a single dock in one month in the entire history of Great Lakes shipping. The previous peak was 2,468,619 net tons loaded at the Chesapeake & Ohio dock in Toledo in October 1946. Before that, the record was held by Sandusky - 2,200,737 net tons in October 1944. For the season, coal loadings at SMET stand at 8,208,187 net tons
Brazilian miner Vale SA said on Thursday it produced 88.4 million tonnes of iron ore in the fourth quarter, a new record for the company. The world's largest producer of the steel-making raw material also produced 82,700 tonnes of nickel and 1.59 million tonnes of coal in the period. For full-year 2015, Vale produced 345.9 million tonnes of iron ore and 291,000 tonnes of nickel. (Reporting by Jeb Blount and Luciana Bruno; Editing by Mark
APM Terminals Mumbai established a new record for Indian ports by handling a total of 2.01 million TEUs during the Fiscal Year of 2014-15, representing the period between April 1, 2014 to March 31, 2015. APM Terminals Mumbai is one of three terminals currently operating at Jawaharlal Nehru Port (JNP), India’s largest container port, accounting for 45% of JNP’s throughput, and approximately 20% of India’s total container traffic.
Consolidated Oil and Gas Petrobras in Brazil and abroad, production amounted to 2 million 795 thousand barrels of oil equivalent per day (boe) in October. This volume was 0.5% higher than in September, which was 2 million 781 thousand boe. Oil production in Brazil grew by 0.4% compared to September, and reaches a new high. Oil production from Petrobras in Brazil reached in October average of 2 million 126 thousand barrels / day (bpd), 0
History was made by Maersk Lines last June when the Line's containership, Susan Maersk sailed into the Port of Long Beach, Calif. on its maiden voyage - establishing a new record as the largest ever to call a U.S. port. Measuring twice the length of the Washington Monument, wider than the Panama Canal and equal in length to about four football fields, the 6,600 TEU vessel was deployed into Maersk's Asia/U.S. West Coast TP6 Service.
The recent Posidonia 2012 went out with a bang, (not with a whimper) according to the expo organizers It seemed the whole world revolved around Posidonia 2012 which has closed with a bang, setting a new record in terms of visitor numbers and number of countries represented in a stellar week which also saw the signing of many deals and partnerships on the floor of the Metropolitan Expo. Αlmost 19,000 visitors from 92 countries attended Posidonia 2012
Helen Delich Bentley Port of Baltimore's public terminals shipped a record 9.74 million tons of general cargo in the 2015 fiscal year ending June 30, it said Monday. That was up about 1.5 percent from 9.6 million tons in 2014. General cargo includes automobiles, forest products, farm equipment and construction machinery. It also includes containers, a key point of emphasis lately for port officials trying to grow traffic.
Freight volume was up by 3.5% to 190.6 million tonnes which represents an increase of 3.5% compared with 2012 when the volume came to 184.1 million tonnes, making 2013 a new record year for Belgium's principal port. The previous record dates from 2008, the last year before the global financial crisis. The main driving force behind the growth in volume was liquid bulk, with the container volume being slightly down as a result of the continuing recession.
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, plunged to a new record low for the 12th straight session on Wednesday amid concerns over vessel oversupply and low demand. The overall index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal and fertiliser, fell five points, or 1.38 percent, to a low of 358 points.
After 25 years as CEO of Antwerp Port Authority, Eddy Bruyninckx has been raised to the nobility by H.M. the king of Belgium with the rank of baron. In Belgium the title of baron or baroness is reserved for those who have made a notable contribution in a particular sector
As Team Britannia prepares for its bid to break the round-the-world powerboat record later this year, GAC has been named their official shipping and logistics partner. GAC will draw on the local contacts and expertise of its network of global offices and partners to provide the 80ft powerboat
Port of Ystad, which saw record-breaking volumes in 2015, continues reaching new record numbers in 2016 for traffic to and from Poland and the Danish island of Bornholm. The number of ton goods, trucks, busses, cars and passengers all showed an increase during the first half of 2016
Global capital markets reeled on Friday after Britain voted to leave the European Union, with $2 trillion in value wiped from equity bourses worldwide, while money poured into safe-haven gold and government bonds. Sterling suffered a record plunge.
1943 - At Guadalcanal, Solomon Islands, Japanese aircraft conduct the largest raid since April 7. Although a large number of enemy planes are shot down, LST-340 and USS Celeno (AK-76) are damaged. 1944 - Marine Gunnery Sgt. Robert H. McCard serves as a platoon sergeant with Company A
Hutchison Port Holdings Limited (HPH) subsidiary Barcelona Europe South Terminal (BEST) achieved a new record when it moved 7,760 TEU on the call of MSC Beatrice. A total of eight ship-to-shore gantry cranes were deployed simultaneously for the operation
On 10 February 2016, the Baltic Dry Index (BDI) hit 290. At that point, a bulk carrier regardless of its size, age and fuel-efficient qualities earned a time charter average of USD 2,417-2,776 per day. Whereas the three smaller segments have seen higher earnings since then
The latest Container Shipping Forecaster from Maritime Strategies International (MSI) makes a more optimistic forecast on the demand side. Though its supply-side predictions are broadly aligned with those of Drewry and Alphaliner
The latest Container Shipping Forecaster from MSI suggests a more positive market outlook for the container shipping sector in 2016 than the analysis of most of its peers. Though its supply-side predictions are broadly aligned with those of Drewry and Alphaliner
In 2015 around 295,000 TEU – 20-ft standard containers – were transported between the Port of Hamburg and intermodal terminals in Austria by rail. That represents a 9.3 percent gain, setting a new record for Hamburg’s seaport-hinterland services with Austria
U.S. payroll, jobs data may support oil prices; demand outlook improving. Crude oil futures edged up on Friday, building on the week's gains, as traders and analysts eyed U.S. jobs data which could give further momentum to rising prices.
Annual cargo volumes at the Port of New York and New Jersey beat the previous record by more than 10 percent, according to figures released by the port. The port said it handled 6,371,720 20-foot equivalent units (TEUs) (or 3,664,013 cargo containers) in 2015, an increase of 10
Port Metro Vancouver today released its 2015 year-end statistics. Overall volume remained steady at 138 million tonnes of cargo as sectors experiencing declines were offset by others that hit new records. This is the port’s third consecutive year of strong cargo volumes
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, registered a new all-time low on Monday on muted vessel demand. The overall index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal and fertiliser
It has been a grim start to 2016 for the bulkcarrier market, with the Baltic Dry Index sliding to new record lows on almost every day of the year so far, says Clarksons Research. With a nearly constant stream of negative news continuing to emerge across each of the key dry bulk