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November 14, 2024
Hapag-Lloyd's CEO said that Donald Trump's election as U.S. president sends mixed signals to global shipping. Positive macroeconomic effects could be offset by damaging tariffs. When asked about the prospects of a Trump Administration, CEO Rolf Habben Jansen said…
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November 13, 2024
This week, the union representing dockworkers on the East Coast and Gulf Coast and a group of employers conducted a second round of contract negotiations. However, they failed to make any significant progress in some key areas. The International…
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November 10, 2024
Al Masirah TV (the main Houthi-run television news outlet) reported Sunday that the United States and Britain conducted raids in the Yemeni capital Sanaa and the Amran Governorate, among other areas. Residents and media from the Houthi group claimed that nine raids targeted Sanaa and its suburbs…
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November 8, 2024
In the coming years, the Panama Canal Authority may double the number of containers moving through the important East-West waterway. The canal's head told a maritime convention on Friday. Chief Ricaurte Vazquez said at the Houston International…
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November 7, 2024
Moroccan importers booked several loads of European Union wheat over the past few days, boosting EU exports amid fierce competition in the Black Sea so far this year, traders reported on Thursday. According to traders, Moroccan buyers purchased…
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October 30, 2024
The Energy Information Administration (EIA), which is responsible for the U.S. government's energy policy, announced on Wednesday that U.S. gasoline inventories fell to their lowest level in two years last week due to increased demand. Crude…
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October 29, 2024
Data shows that Canadian exports of lighter crude by water to the U.S. West Coast are up since the Trans Mountain expansion pipeline (TMX) started operating in May. This has surprised some market participants, who had thought the TMX would be…
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October 23, 2024
The global potash supply has returned to the levels before the invasion of Ukraine. Russia and Belarus have increased shipments to Asia, South America and Europe to avoid Western sanctions, and to pressure producers to reduce output to avoid an oversupply.
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October 17, 2024
The National Oceanic and Atmospheric Administration said that a developing La Nina will bring warmer and drier weather than normal to the southern and central U.S. Plains in this winter. This is likely to worsen the drought in the top winter wheat producing area of the United States…
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October 8, 2024
Trade sources reported that two Indian state refiners bought 2,000,000 barrels of Venezuelan oil from Vitol, for delivery in November. This is despite the fact that Venezuelan crude shipments continue to increase to what was previously Venezuela's second-largest oil market.
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October 3, 2024
Shipping shares fell across Asia Friday, after U.S. port operators and workers reached an agreement to end the strike at docks on the East Coast and Gulf Coast much sooner than expected. Evergreen Marine, Wan Hai Lines, and Yang Ming Marine…
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October 3, 2024
In the wake of a recent strike in U.S. East Coast and Gulf Coast ports, olive oil exporters from Spain, the largest producer in the world, warned that there were no viable alternatives to reach the lucrative U.S. market. Asoliva, the Spanish association of olive oil producers and exporters…
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October 1, 2024
CNBC, citing a spokesperson for the company, reported Tuesday that Danish drugmaker Novo Nordisk had mitigation plans in place in order to minimize or avoid any disruption in its production caused by sea port strikes in United States. Reports…
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October 1, 2024
Officials at the U.S. Federal Reserve were also shocked by the COVID-19 pandemic, which has caused a massive disruption to global supply chains. They thought that the impact of backed-up container ships and disrupted ports would only cause "temporary" inflation.
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September 30, 2024
New Fortress Energy, a U.S. energy company that specializes in infrastructure development, said it shipped its first shipment of liquefied gas from Mexico to the United States on Monday. This was after the start-up of the floating facility worth $1 billion in the Gulf of Mexico had been delayed.
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September 30, 2024
LSEG data revealed on Monday that the Pioneer tanker sanctioned by America for its links with Russian-sourced liquefied gas (LNG) has passed through Suez Canal carrying an LNG cargo. It was not immediately known where the LNG-flagged Pioneer would be heading or what its source was.
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on
September 27, 2024
devalued to tropical anxiety, however its residues poured a. deluge of almost 100 cm (39 inches) of rain on the southern. state of Guerrero. 4 days of constant rain splashing the home state of major. beach resort Acapulco have actually practically tripled the rainstorm from last.
Posted to Maritime Reporter
on
September 27, 2024
expenses, according to shipping data and industry sources. ends on Sept. wean Mexico off pricey motor fuel imports. Sept. 11, according to information from ship-tracking service Kpler. from Corpus Christi in Texas on Sept. 15, the data showed. production of different items such as glass or steel.
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September 27, 2024
Tropical Storm John, which crawled slowly along Mexico's Pacific Coast on Friday, has now accumulated more rain in the four days since it hit the state where the major beach resort Acapulco is located than the torrential downpour of last year's destructive Hurricane Otis.
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September 27, 2024
A White House official stated that the Biden administration is encouraging unions and employers to quickly and in good faith negotiate a new contract ahead of any possible strike on Tuesday at ports. The International Longshoremen's Association…
