BIMCO: US Soya Bean Exports - Up or Down?
The trade war has brought increased attention to the soya bean trade between the US and China with 2019 offering conflicting narratives. On one hand, soya bean exports to China in the first six months of 2019 are up 10.9% compared with the first half of 2018, while on the other, exports to China in the 2018/2019 marketing year are down 68.7%.With the 2019/2020 marketing year now just round the corner, this trade is unlikely to return to pre-trade war levels.
63 Begin Apprenticeship at Hapag-Lloyd
At the beginning of August, 63 young colleagues began their apprenticeship program at Hapag-Lloyd.Thirty of them are learning the typical seafaring jobs like ship mechanic, nautical officer or technical officer, while the other 33 are training to become shipping merchants or to work in office management and in the areas of transport and logistics. In addition, 11 dual-track students are beginning their studies with Hapag-Lloyd.
ICE, Magellan to Offer Dock Capacity to Houston Oil Futures Customers
Intercontinental Exchange Inc and Magellan Midstream Partners LP said on Wednesday they would auction dock capacity at Magellan's terminals in Galena Park and Seabrook…
Baltic Index Gains for Fifth Session on Robust Vessel Rates
The Baltic Exchange's main sea freight index extended gains for a fifth straight session on Wednesday buoyed by strong demand across all vessel segments.* The Baltic index…
Los Angeles Port Posts Strong July
For the fourth consecutive month, the Port of Los Angeles (PoLS) has set a new single-month cargo record. In July, the Port moved 912,154 Twenty-Foot Equivalent Units (TEUs)…
Iberdrola Sells Stake in East Anglia One to GIG
Spanish public multinational electric utility company Iberdrola has entered into an agreement with Green Investment Group (GIG), part of Macquarie Group, to sell…
Tekmar Bags Formosa 1 Phase 2 Gig
UK-based Tekmar Energy has been selected as the cable protection system (CPS) and hang off supplier for the 120-MW Formosa I Phase II offshore wind project in Taiwanese…
ICTSI Posts Strong H1
Philippines-based international container terminal operator ICTSI has reported a massive increase in profit and a substantial increase in revenues for the first…
Kalmar in Service Contract with OPCSA
Kalmar, the provider of the cargo handling solutions and services to ports, has concluded an agreement to supply comprehensive preventive and corrective maintenance…
DFDS Cuts 2019 Outlook on Brexit
Danish international shipping and logistics company DFDS announced that the exceptional uncertainty on the outcome of Brexit is currently reducing UK trade and visibility.Uncertainties…
Nautilus Welcomes IBF Decision on Hormuz
The international trades union and professional association representing seafarers and allied workers Nautilus International has welcomed a decision by the International…
Risk Zone in Strait of Hormuz Extended
The International Bargaining Forum (IBF) designated the Strait of Hormuz as a Temporary Extended Risk Zone on 13 August 2019, following multiple incidents over the…
Intermodal Cargo up 10.5% in Savannah Port
The Port of Savannah set a record for intermodal cargo last month, handling 47,255 rail lifts, an increase of 10.5% over July of last year.According to Georgia Ports Authority (GPA)…
Yang Ming Reports Net Loss of $41mln in Q2
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation reported a consolidated revenues of about NTD 40.4 billion (USD 1.3 billion) for the second quarter of 2019…
Cruise Ships Dump 90% of Grey Water in BC
1.54 billion liters of grey water were generated by ships off the British Columbia coast in 2017 - the equivalent of more than 600 Olympic-size swimming pools, said…
UNHCR Urges Europe to Allow Immigrants to Dock
The United Nations High Commissioner for Refugees (UNHCR) has sent an appeal to the European governments to allow 507 people recently rescued from the Mediterranean…
Hepburn to Provide RAS for Canada’s JSS
Toronto-based naval technology company Hepburn Engineering has won a contract to provide Replenishment-at-Sea (RAS) systems for the Royal Canadian Navy’s new Joint…
N4 - A Shot in The Arm for PTP
With Navis N4 TOS, the Port of Tanjung Pelepas (PTP) has again broken the record for vessel utilization after the MSC Gulsun, the largest container ship in the world…
DHT Holdings Bags 3-Year Time Charter
Bermuda-based crude oil tanker company announced that it has entered into a three year time charter with a leading refining company for one of its 2012 built very…
Brazil Addresses Biofouling
Biodiversity can be threatened by organisms which can build up on ships' hulls and other marine structures, a process known as biofouling.A press note from International…
