Ports News

Colonial Pipeline's main U.S. gasoline artery is expected to be shut through Friday as the company continues to search for the source of a suspected leak in Paulding County, Georgia, the company said in a statement on Wednesday.Line 1, one of two mainlines on the more than 5,500-mile Colonial system, was shut on Monday night after Colonial received reports of a gasoline release and began investigating. The pipeline moves gasoline from Texas to North Carolina and was earlier expected to resume service on Tuesday night…

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, inched lower for a second consecutive session on Wednesday, dragged down by weaker rates across all vessels.The index .BADI, which factors in rates for capesize, panamax and supramax shipping vessels, was down 17 points at 1,063 points.The capesize index fell 23 points to 1,581 points. Average daily earnings for capesize vessels, which typically transport 150,000-ton cargoes such as iron ore and coal…

The American Association of Port Authorities (AAPA), the unified voice of our nation’s seaports, today released their policy agenda for the 119th Congress and the incoming Donald J. Trump Administration to revitalize America’s ports, keep America safe and secure, and unleash sustainable economic growth. The agenda was developed with extensive input from its 80 plus member public port authorities and will serve as an advocacy guide to inform the Federal Government and industry of the port industry’s top policy priorities.“There’s no such thing as a strong America without strong ports…

Maryland Transportation Authority selected Bridging Maryland Partnership as its general engineering consultant for rebuild of Baltimore bridge that collapsed after cargo ship collision.Just 10 months after the collapse of the Francis Scott Key Bridge, Maryland Transportation Authority (MDTA), owner, selected Bridging Maryland Partnership — a joint venture that includes WSP — to provide general engineering consultant services for the reconstruction of the strategically significant bridge.The $75 million contract with the WSP-led joint venture, including engineering firms Rummel, Klepper & Kahl (RK&K); and Johnson, Mirmiran & Thompson (JMT); was approved on Jan. 8 by the Maryland Board of Public Works.

Marine Jet Power (MJP), a global provider of waterjet propulsion, and Derecktor Shipyards New York announced the launch and christening of two groundbreaking passenger ferries for Chatham Area Transit (CAT) of Savannah, Georgia.These vessels represent a significant milestone as the first hybrid passenger ferries in the United States powered by waterjet propulsion.The two 65-foot ferries, The Juliette Gordon Low II and The Susie King Taylor II, powered by MJP UltraJet 305 waterjets, incorporate cutting-edge hybrid technology, marking a new era in sustainable maritime transportation.

Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other countries to China and India, shipbrokers and traders said.Chinese and Indian refiners are seeking alternative fuel supplies as they adapt to severe new U.S. sanctions on Russian producers and tankers designed to curb the world No. 2 oil exporter's revenue due to its war in Ukraine.Many of the newly-targeted vessels, part of a so-called shadow fleet that seeks to avoid Western restrictions…

Egypt has issued a tender seeking four cargoes of liquefied natural gas (LNG) for delivery between February and March, two trading sources told Reuters.The most populous Arab country has returned to being a net importer of natural gas, buying dozens of cargoes this year and abandoning plans to become a supplier to Europe after a steep decline in domestic gas output largely because of declining production from the Zohr gas field.The tender was issued by the Egyptian General Petroleum Corporation (EGPC) and closes on Jan. 27.

The safety risks posed by unregulated oil tankers are rising, and the so-called shadow fleet is a threat to both the maritime environment and seafarers, the head of the United Nations' shipping agency said on Tuesday.The shadow fleet refers to hundreds of ships used by Russia to move oil, in violation of international restrictions imposed on it over the Ukraine war, as well as by oil exporters such as Iran and Venezuela hit by U.S. sanctions.At least 65 oil tankers dropped anchor this week at multiple locations…

The Baltic Exchange's dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a three-session gaining streak on Tuesday, as rates declined across all vessel segments.The index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 13 points at 1,080 points after hitting a more-than-one-month high on Monday.The capesize index fell 11 points to 1,604 points. Average daily earnings for capesize vessels, which typically transport 150…

Wallenius Wilhelmsen has taken a strategic step to expand its logistics services by taking over the terminal operations in Gothenburg in Sweden.The Port of Gothenburg, the largest port in Scandinavia for vehicles, is strategically positioned and is a key hub that connects the Nordics with regions such as the Far East, North America, Africa, Australia and Northern Europe.With Wallenius Wilhelmsen being the terminal operator at the Port of Gothenburg, the aim is to develop a partnership…

A Chinese fishing vessel that was allegedly hijacked last month in Somalia's waters, in the semi-autonomous Puntland region, has been liberated, the European Union's anti-piracy naval force said on Monday."According to the information provided (by the Chinese embassy to Somalia), no crew members were injured and the vessel is in transit to safe waters," it said in a statement.

The Port of New Orleans (Port NOLA) announced that it has been awarded $1,000,000 from the Environmental Protection Agency (EPA) for its Louisiana International Terminal (LIT) Sustainability Management Plan (SMP)."This funding is a crucial investment in Louisiana’s future, supporting sustainable infrastructure and creating meaningful opportunities for our communities. The Louisiana International Terminal represents economic growth and a commitment to environmental stewardship and workforce development that will benefit Violet, St. Bernard Parish and the entire state.

At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions package on Jan. 10, ship tracking data showed on Monday.Five of those tankers were stationary off Chinese ports and a further seven dropped anchor off Singapore, with others halting near Russia in the Baltic Sea and the Far East, according to Reuters' analysis based on MarineTraffic and LSEG ship tracking data.The U.S.

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit more than a one-month high on Monday on the back of higher capesize rates.The index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 45 points at 1,093 points, its highest level since Dec. 11.The capesize index rose 167 points to 1,615 points, a six-week peak. Average daily earnings for capesize vessels, which typically transport 150…

Crew on board an oil tanker accused of sabotaging undersea power and communications cables in the Baltic Sea were poised to cut other cables and pipelines when Finnish authorities boarded the vessel last month, the head of the Finnish investigation said.Baltic Sea nations are on high alert after a string of power cable, telecom link and gas pipeline outages since Russia invaded Ukraine in 2022. Leaders of the NATO member states around the Baltic Sea are set to meet in Helsinki on Tuesday to discuss the alliance's response to the threat.On Dec.

The average number of vessels that passed through the Panama Canal in December increased to 34.2 per day, according to a notice from its authority seen on Monday, but the waterway did not fill all the slots on offer, a sign that some ships continue taking alternative routes.The canal, the world's second busiest and the only interoceanic way that operates with freshwater, between August and September lifted passage restrictions following a severe drought that forced a limit to…

A risky operation to salvage an oil tanker attacked by Houthi militants in the Red Sea and avert what could have been one of the largest oil spills in recorded history has been completed, British maritime security company Ambrey and Greece have said.The 900-foot Greek-registered MT Sounion, carrying 150,000 tonnes of crude oil, was struck by several missiles and drones and caught fire on Aug. 21, triggering fears of an oil spill that could cause catastrophic environmental damage in the area.Months later, the vessel has been declared safe and its cargo has been removed, said Ambrey, which led the salvage operation.Greece had urged all nations to assist with the case with political negotiations extending from the Houthis…

Stralsunder Ostseestaal GmbH & Co. KG has been commissioned by Hafenprojektgesellschaft Helgoland mbH with the development and construction of an all-electric ferry.The so-called dune ferry will connect the German North Sea island of Heligoland with the neighbouring island of Dune. It will replace the ‘Witte Kliff’ ferry, which has been operating on the approximately one kilometre-long route since 1997 and is powered by conventional marine fuel. The new electric-solar ferry will…

Israeli warplanes bombed a power station and two ports in Houthi-controlled Yemen on Friday in retaliation for Houthi drone and missile strikes against Israel, and pro-Houthi media said at least one person had been killed and nine wounded.Israeli Prime Minister Benjamin Netanyahu said the Iran-backed Houthi militia were "paying and will continue to pay a heavy price for their aggression against us".A series of airstrikes targeted the Red Sea port of Ras Issa and six others the major port of Hodeidah…

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a second straight session on Friday, steered by strong gains in the capesize vessel segment.The index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 79 points to 1,048 points. However, it was down 2.2% for the week.The capesize index rose 284 points at 1,448 points, its highest level since Dec. 10, 2024. The index gained about 5.3% this week.

A potential strike at East Coast and Gulf Coast ports has been avoided with the announcement of a tentative labor agreement, but the nation’s major container ports have already seen a surge in imports that is expected to continue because of potential increases in tariffs, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.“The new contract brings certainty and avoids disruptions, and we hope to see it ratified as soon as possible,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.

Descartes Systems Group has released its January Global Shipping Report, highlighting the continuing a trend of higher year-on-year container volumes throughout 2024.December 2024 U.S. container import volumes closed at 2,367,271 TEU, just shy of the 2.4 million TEU threshold that has typically strained port capacity. Despite elevated volumes, overall transit delays decreased across the top 10 U.S. ports.Following two months of volume declines, December imports from China were up by 1.7% to 902,519 TEUs and by 14.5% over December 2023, highlighting the continued strength of U.S.-China trade.

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday, supported by higher capesize rates.The index, which factors in rates for capesize, panamax and supramax shipping vessels, edged up 3 points to 969 points.The capesize index was up 64 points at 1,164 points. Average daily earnings for capesize vessels, which typically transport 150,000-ton cargoes such as iron ore and coal, increased by $530 to $9,653.Dalian iron ore futures prices snapped a four-day losing streak…