US

Port of Los Angeles calls for a trade war settlement

The Port of Los Angeles announced a new cargo record for the fifth consecutive month in August, moving 861,081 TEUs and recording the busiest August in its 112-year history. On this occasion, the head of the Port called for an end to US-China trade war for global trade stability to be restored.

Grand Bahama shipyard back in operation after Dorian

Following the damaging effects of Hurricane Dorian, which disrupted operations for many ports and changed cruise lines’ routes, the Freeport-based Grand Bahama Shipyard announced that it is back in operation, after being slightly damaged by the storm.

Washington sees hybrid-electric ferry building programme

The state of Washington, represented by Governor Jay Inslee, joined a ceremony held to highlight the beginning of Vigor constructing five hybrid electric ferries by 2028 for Washington State Ferries (WSF), representing the ‘greening’ of its fleet.

Released Iranian tanker reportedly arrives off Syrian port

Following a long journey across Mediterranean, the Iranian oil tanker ‘Adrian Darya 1’, which is at the centre of a major diplomatic dispute between Iran and the US, eventually arrived at the Syrian port of Tartus and sold its cargo, violating EU and US sanctions. 

Ports America, Maersk invest in flow-freight boosting project in US ports

Loadsmart, digital freight technology company, raised $19 million to embark on a major initiative, enhancing the flow of freight through American ports. Taking part in the initiative are Ports America and Maersk Growth as investors. This investment is in line with Loadsmart’s series A round in late 2018, totalling the funding at $53.4 million. 

Iran seizes vessel for alleged fuel smuggling in Gulf

Iran has seized a tugboat which was allegedly smuggling fuel on Saturday, September 7, and detained its 12 Filipino crew. Iranian TV reported that the vessel was transmitting about 284,000 litres of diesel. Iran hasn’t provided additional information for the vessel, as under which flag its flying.

US LNG exports see weekly increase

According to EIA, the liquefied natural gas exports from the US rose over the week ending September 4, as 12 LNG tankers had departed from US facilities, all of them carrying capacity of 43 billion cubic feet of LNG, increased by four cargoes in comparison to the previous week. 

US: Iran sanctions regarding bunkering operations

In an updated FAQs document, US OFAC clarifies that, even for vessels carrying lawful cargo to and from Iran, the provision of bunkers is unlawful and subject to US secondary sanctions, wherever it takes place, in the event the bunkering operation involves, inter alia, US financial institutions.

Cruise lines provide hurricane relief after Dorian

In light of the devastating aftermath of the Hurricane Dorian, the cruise industry is helping and offering support to the Bahamas. The Abaco Islands and Grand Bahama Island were hit by the storm, which made landfall as a Category 5 hurricane and lingered in the area for days. 

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