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Ocean Transportation: Page 63

Peak Shipping Season Arrives Early at U.S. Ports

The National Retail Federation projects more than 2.1 million TEUs in imports to the U.S. in each of June, June and August.

The Port of Los Angeles, Los Angeles, California. Photo: iStock.com/viavado

Port of Baltimore Ramps Back Up as Channel is Restored to Full Capacity

Dwell times at the port have stabilized across the board, having returned to their pre-closure levels with full capacity now restored to the port.

Photo: iStock / halbergman

Could Container Leasing Rate Price Bubble Be Poised to Burst?

Red Sea diversions have had many carriers pulling shipping schedules forward in anticipation of future disruptions in the region, but that is unlikely to last.

Photo: iStock.com/brunette

Port of Baltimore Shipping Channel Reopens

Rebuilding the span will take more than four years and cost up to $1.9bn, state authorities in Maryland have said.

Baltimore, June 7. Photo: Bob Petty, Army Corps of Engineers

Russian Oil Tanker Does Secret Cargo Switch to Dodge U.S. Sanctions

The SCF Primorye was sanctioned by the U.S. Treasury’s Office of Foreign Assets Control in October, after which it didn’t load oil again for about six months.

Suezmax tanker SCF Primoye transferred its cargo to the Ocean Hermana in the Riau archipelago, east of Singapore on June 3, 2024. Photo: Courtesy of European Union via Bloomberg

Cape Town Tells Port to Improve After Being Ranked Last in World

The World Bank added 57 new ports to the index this year, and South African harbors took up the last two spots with the Port of Ngqura coming in at 404th.

Cape Town's Ben Schoeman Dock. Photo: iStock.com/~UserGI15667539

U.S. Seeks to Increase Pressure on Houthis in Threat to Yemen-War Truce

Leaders in Washington, D.C. have been striving to broker a cease-fire deal in Gaza for several months, with limited success.

Suez Canal, Egypt. Photo: Bloomberg

Tive Releases Solo Lite Tracker to Monitor Shipments for Ocean Carriers

Solo Lite has global coverage in more than 186 countries, and includes a more environmentally-friendly non-lithium battery-powered option.

Photo: iStock.com/Suphanat Khumsap

Out-Of-Control Ship in Charleston Harbor Causes Bridge Closure

Police cleared traffic, cyclists and pedestrians from the eight-lane bridge before the ship arrived, keeping it closed for 10 minutes as the ship steamed underneath, authorities said.

The Ravenel Bridge in Charleston. Photo: iStock.com/AdShooter

Maersk Raises Profit Forecast as Red Sea Disruption Boosts Rates

This is the second time in about a month Maersk raised its forecast as the world’s supply lines are suffering from a number of disruptions.

Photo: iStock.com/U. J. Alexander

Rainy Relief for Panama Canal As Vessel Draft Deepens Ahead of Schedule

As of May 26 — and for the first time in all of 2024 — water levels for Gatun and Alhajuela Lakes are above the mark recorded on the same date in 2023.

Panama Canal, Panama. Photo: iStock / Marina113

Kuwait Reengages With China to Revive Gulf Port Project

A Chinese delegation traveled to the oil-rich Gulf state during the week of May 27, meeting Kuwaiti officials for “in-depth technical and field discussions.”

Kuwait Tower City. Photo: iStock.com/Lukas Bischoff

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