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Think Tank
Ocean Transportation: Page 60
Omani Wealth Fund-Backed Port Operator Sets Sights on Asia Ports
The firm with $4 billion of assets is keen to branch out from its Middle East base to play a larger global role as economic growth expands demand for shipping.
California Pours $27M into Port Data, Technology Projects
The funds will be used for 10 separate projects across five ports, including cargo route optimization, emission reductions, and trucking appointment systems.
Port of LA Volumes Up 14% for First Six Months, YoY
The Port of Los Angeles processed 827,757 Twenty-Foot Equivalent Units (TEUs) in June, a 10% increase over the previous month
Damaged Internet Subsea Cables Repaired in Red Sea Amid Militant Attacks on Ships
The cables were severed by the anchor of a cargo ship sunk by Iran-backed Houthi militants in late February.
Singapore’s Port Congestion Is Showing Signs of Abating
June figures were down in part due to some vessel owners opting to unload or refuel at Malaysian ports to avoid delays.
Chicago Area's First All-Water Container Route Brings 'Significant' Supply Chain Changes
The challenges posed by the narrow St. Lawrence Seaway have long stalled shipping traffic to the Chicago metropolitan area.
Freeport LNG Plans Phased Restart After Hurricane Damage
Beryl slammed into Texas on July 8, causing widespread power losses. At least four LNG cargoes were cancelled during Freeport’s outage.
U.K., EU States to Target Russian Oil Fleet With More Checks
There are signs these sanctions are proving effective, at least in terms of disrupting tankers that had been moving Russian oil.
ILA Says Threat of East Coast and Gulf Ports Strike Growing More Likely
ILA president Harold Daggett says threat of October 1 strike growing more likely as current contract with USMX expires September 30.
Adani to Double Investment in Transshipment Port to $2.4 Billion
Vizhinjam is expected to facilitate transshipment traffic into India as well as on the major routes connecting it to the U.S., Europe Africa and East Asia.
Ships Fleeing the Red Sea Now Face Perilous African Weather
Storms near the African coastline are playing havoc with the key route that vessels have been using to avoid attacks by Houthi militants in the Red Sea.
Chinese Hackers Targeting Ships Across Europe With Malware on USB Sticks
Several USB sticks with malware have been found plugged into computers on freight vessels in Norway, Greece and the Netherlands dating back to January.
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