Goods News

Shipping must engage with the decarbonization realities that lie ahead by changing the way it crafts maritime legislation to reflect its place in the interconnected, interdependent world economy, says Eero Lehtovaara, Head of Regulatory & Public Affairs, ABB Marine & Ports.ABB Marine & Ports Head of Regulatory & Public Affairs, Eero Lehtovaara has carved out an unusual - and possibly unique - role in the maritime industry over recent years, as a ‘stakeholder’ simultaneously mindful of the perspectives of owners…

Conflict in the Red Sea has brought massive carbon emissions increases in ocean freight container shipping, according to data just released by Xeneta.The Xeneta and Marine Benchmark Carbon Emissions Index (CEI), which measures carbon emissions per ton of cargo transported across the world’s top 13 trades, hit 107.4 points in Q1 2024 - the highest it has been since the index began in Q1 2018.For containers being shipped via ocean from the Far East to Mediterranean, the CEI reveals carbon emissions increased by 63% in Q1 2024 compared to Q4 2023.

The port of Corpus Christi, Texas, the top U.S. oil export hub, said it exported 6.40 million barrels per day of crude oil in the first quarter, up 6.9% from the same period a year ago.The U.S. Gulf Coast port handles more than half the nation's oil exports, benefiting from its pipeline ties to South and West Texas shale fields. Its volumes have risen along with shale oil production.Overall, the port has moved nearly 48.9 million metric tons of goods through the Corpus Christi Ship Channel in the first quarter.

China and Europe face a "slow motion train accident" as a rising tide of protectionism threatens to become a full trade war, the head of a European business lobby group warned on Wednesday, a day after Germany's chancellor conveyed European concerns to Beijing.Jens Eskelund, president of the European Chamber in China, said that while some worries about trade in both countries were legitimate, there was a risk of unproductive decoupling if European and Chinese leaders did not increase…

Saudi Arabia’s Ras Al-Khair Special Economic Zone (SEZ) said it is seeking local and foreign investors to help boost the Kingdom’s maritime infrastructure.With an initial area of 20 square kilometers, Ras Al-Khair SEZ, operated by the Royal Commission for Jubail and Yanbu, is an expanding zone with two focus areas, The King Salman International Complex for Maritime Industries and Services, and the Offshore Cluster supply chain. The SEZ is located next to Ras Al-Khair Port, the Kingdom’s newest industrial port.Ahmed M.

Every year, 250 million containers are transported across the world with food, clothes, electronics and other goods. While crucial for the smooth functioning of the global supply chain, containers and their cargoes can also harbour and transfer contaminating pests.All parties in the supply chain have a shared responsibility for stopping the spread of pests by keeping cargo and containers clean, and the Prevention of Pest Contamination of Containers: Joint Industry Guidelines for…

Danish shipping and logistics firm DFDS said on Tuesday it has agreed to buy the international transport network of Turkey's Ekol Logistics for 1.9 billion crowns ($277 million) and lifted its sales growth forecast for the year.The network connects Turkey and Europe and the acquisition will add road transport to its Mediterranean ferry network, DFDS said in a statement, adding that it was in line with its strategy to move goods in trailers by ferry, road and rail."Turkey's role…

The U.S. state of Maryland has opened a temporary channel on the northbound side of the collapsed Baltimore bridge, allowing limited tug and barge traffic around the container ship stuck at the disaster site, Governor Wes Moore said on Monday."It will help us to get more vessels in the water around the site of the collapse," Moore told a news conference.The Port of Baltimore's shipping channel has been blocked since a fully loaded container ship lost power and collided with a support column on the Francis Scott Key Bridge last Tuesday…

Kimberly Lutz and America’s Watershed Initiative (AWI) are making every effort to sustain the Mississippi River for generations to come.The Mississippi River is one of the world’s largest river systems and is arguably America’s most critical waterway. Flowing over 2,350 miles, spanning, at points, up to eleven miles, and discharging approximately 593,003 cubic feet of water per second into the Gulf of Mexico, the Mighty Mississippi is awe inspiring in terms of its natural characteristics as well as its commercial impact on both the American and global economies.

Cuban state-run media said at the weekend that 90,000 metric tons of Russian oil had arrived in the cash and fuel-short country to help alleviate power outages and gasoline shortages.In 2022, Russia resumed some oil shipments to the Communist-run Caribbean island after they ceased with the collapse of the Soviet Union.However, according to shipping data no Russian oil left the country for Cuba last year even as Russian media reported in June an agreement was reached between the two governments to supply 1.64 million metric tons of oil and derivatives annually.Jorge Piñón…

The pilot of the container ship that knocked down a highway bridge into Baltimore Harbor had radioed for tugboat help and reported a power loss minutes earlier, federal safety officials said on Wednesday, citing audio from the ship's "black box" data recorder.The head of the National Transportation Safety Board also said that Francis Scott Key Bridge, a traffic artery over the harbor built in 1976, lacked structural engineering redundancies common to newer spans, making it more…

Divers on Wednesday recovered the remains of two of the six workers missing since they were tossed into Baltimore Harbor from a highway bridge that collapsed into shipping lanes when a faltering cargo freighter rammed into the structure, officials said on Wednesday.The bodies were pulled from the mouth of the Patapsco River a day after the massive container ship lost power and its ability to maneuver before plowing into a support pylon of the Francis Scott Key Bridge, knocking…

Federal investigators on Wednesday examined the cargo ship that crashed into a Baltimore bridge while emergency teams searched for bodies and details emerged of the intense efforts to save lives in the minutes before the steel span collapsed."Hold all traffic on the Key Bridge. There's a ship approaching that just lost their steering," someone said on police radio minutes before the 1:30 a.m. crash on Tuesday.While voices were heard discussing next steps, including alerting any work crews to leave the bridge…

The catastrophic bridge collapse that closed the Port of Baltimore to ship traffic is unlikely to trigger a major new U.S. supply chain crisis or spike goods prices, due to ample and growing spare capacity at competing East Coast ports, economists and logistics experts say.With six people still missing after a container ship collision destroyed the Francis Scott Key Bridge, it remained unclear how long the span's twisted superstructure would block the harbor's mouth.But port officials…

A massive cargo ship smashed into a bridge while sailing out of Baltimore early on Tuesday, sending cars and people into the river below and closing one of the busiest ports on the U.S. Eastern Seaboard.Rescuers pulled out two survivors, one of whom was hospitalized, and searched for more in the Patapsco River after huge metal spans of the 1.6-mile (2.57 km) Francis Scott Key Bridge crumpled into the icy water around 1:30 a.m. (0530 GMT).The ship reported a power issue before impact…

Search divers were expected to return near dawn on Wednesday to the waters surrounding the twisted ruins of a bridge knocked down in Baltimore Harbor by a faltering cargo ship, leaving six workers missing and presumed dead.The disaster also forced the indefinite closure of the Port of Baltimore, one of the busiest on the U.S. Eastern Seaboard, and created a traffic quagmire for Baltimore and the surrounding region.As the odds of their survival vanished, the search for the six workers was suspended on Tuesday evening…

The Canadian government on Tuesday announced it has awarded a pair of contracts to Seaspan’s Vancouver Shipyards Co. Ltd. (VSY) to initiate the next stages of procuring the first flight of Multi-Purpose Vessels (MPV) for the Canadian Coast Guard (CCG).These contracts, which are worth $490.6 million combined (taxes included), following completion of the vessel’s basic design review in late 2023 and allow VSY to undertake pre-construction work, such as selecting specific pieces of equipment…

U.S. automakers General Motors and Ford will reroute affected shipments after a bridge collapse in the U.S. shuttered the Port of Baltimore, but the companies said on Tuesday the impact will be minimal."We expect the situation to have minimal impact to our operations. We are working to re-route any vehicle shipments to other ports," GM said in a statement.The Port of Baltimore is the busiest U.S. port for car shipments, handling at least 750,000 vehicles in 2023, according to data from the Maryland Port Administration.

Rescuers have lost hope of finding more survivors of the Baltimore bridge collapse, the coast guard said, as efforts switched on Wednesday to looking for bodies of the missing and more answers to why a container ship smashed into the span.Search divers were expected to return near dawn to the waters surrounding the twisted ruins of the bridge in Baltimore Harbor to search for six workers missing and now presumed dead.The disaster has forced the indefinite closure of the Port of Baltimore, one of the busiest on the U.S.

Cereal and oilseed imports to China, the world's biggest buyer of farm goods, will remain near record highs this year despite a recent spate of cancellations as lower global prices and a domestic output shortfall prompt purchases.China's wheat imports from Australia in January and February this year have nearly quadrupled from the same time last year, the latest customs data show. That trend should continue even after Beijing cancelled or postponed 1 million metric tons of Australian wheat last week.The cancellations, along with those for about 500,000 tons of U.S.

Ten organizations have joined forces to combat illegal wildlife trafficking through increasing awareness and vigilance across global supply chains.Together, they have produced practical guidelines for all supply chain participants, with advice on measures to take, questions to ask to help identify criminal wildlife trade, and guidance on reporting suspicious activities. An accompanying "Red Flags" document serves as a daily reference for all individuals involved in the supply chain.

The St. Lawrence Seaway opened its 66th season of operation today with an official ceremony in Niagara Region.Terence Bowles, President and CEO of the St. Lawrence Seaway Management Corporation (SLSMC) was joined by U.S. Great Lakes St. Lawrence Development Corporation Administrator Adam Tindall-Schlicht in welcoming the many who came out for the event, including M.P. Vance Badawey, Parliamentary Secretary to the Canadian Minister of Transport.“We are thrilled to have a renewed Management Operations and Maintenance Agreement with the Government of Canada.

Demopolis Lock—which suffered a recent catastrophic failure—is a cautionary tale for other locks and those in Congress and the White House who may fail to see the urgency and importance of investing in the inland waterways system.The nation’s inland waterways lock and dam infrastructure, largely constructed in the 1930s, has seen modernization and rehabilitation across the system, albeit very slowly. Despite those efforts, lock failures continue, and the risk of failure persists.While…