Tag: cargo traffic

Bunkering has been suspended in Gibraltar Strait ports, and suppliers in Malta are not taking on any new offers because of a damaged jetty, Engine informs

The Baltic Exchange, the world’s independent source of maritime market data, has issued its report for the last week, 06-10 February 2023, to provide information of the bulk market performance.

Softened consumer spending, increased prices driven by inflation and a shift in trade routes contributed to a dip in shipments moving through the Port of Long Beach in January.

The Port of Oakland’s container volume dropped in the month of November. Both full imports and full exports are down compared to November 2021, as well as below October 2022 volumes.

The pandemic highlighted how interconnected the world is right now. Multiple bottlenecks have disrupted global supply chains – the networks of people, companies and modes of transport that order and manufacture goods and deliver them to warehouses, shops or even right to our doors, mentions the World Economic Forum in an article. 

With inflation continuing and the Federal Reserve hoping to cool demand through higher interest rates, imports at the nation’s major container ports are expected to fall below last year’s levels for the remainder of 2022, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Following Port of LA's decision to set fees for empty containers starting from 30 Jan 2022, the charge may spark negative reactions from the ocean carriers.

New research published by the British Ports Association reveals that UK port investment topped £1bn in 2021 despite pandemic volatility.

Two marine terminals at the Port of Tacoma in Washington implement steep fees on long-resting containers to reduce a large overflow that is gumming up operations and slowing the delivery of cargo.

Governor Newsom and the U.S. Department of Transportation announced a strategic partnership to help facilitate innovative projects and financing opportunities for multi-billion infrastructure improvements in California.