Maritime

Asia-U.S. liner sailings are now being canceled because too many container ships are stuck at anchor off California.

Short of a conflict in the Middle East and its adjacent shipping lanes, it is hard to see a spike in tanker spot rates in the near term.

U.S. ports have seen “month-over-month strength across multiple business segments.”

The Georgia Ports Authority is adding capacity in anticipation of another busy year.

In Africa, one seafarer is dead and 15 have been kidnapped. Worldwide, more seafarers are being barred from travel as COVID fears rise.

Joe Biden plans to sign a “Made in America” executive order that reiterates support for the Jones Act.

“Not only are we at the height of the Christmas season, but we’re at the height of the Y2K concern as well. Importers and major trading houses are trying to move their goods now to beat any chance of problems with the changeover to the new millennium.”

Phoenician Energy’s aluminum-air batteries will be developed and piloted as part of the Yara Marine X program designed to create a greener maritime industry.

Nearly 700 dockworkers in California have COVID. Hundreds more are out due to quarantines. Pleas for fast-track vaccinations intensify.

FreightWaves identifies importers who use the Asia-West Coast service.

DOT announces slate of 40 to the department’s leadership team as the Biden administration kicks into gear.

Ocean carrier ZIM has hiked its fleet capacity with new charters and is planning to price its New York IPO next week.

“These best practices are needed now more than ever to relieve pressure on the supply chain due to the ongoing surge,” Port of LA Executive Director Gene Seroka says.

This has been the best January for dry bulk shipping rates in a decade. Is this the long-awaited turning point or yet another head fake?

Cortera report shows surge in business spending as the year drew to a close.

Asia-West Coast spot rates are up 173% year on year. Rail and trucking volumes from ports are up double digits.

Higher fuel prices are bad news for box shippers. Higher fuel spreads are good news for owners with scrubber-fitted fleets.

The 8,113,315 TEUs moved in 2020 stacked up as a record year for the Port of Long Beach.

The December rates subindex jumped 13% year-over-year, setting the stage for big rate hikes in 2021, according to Cass data.

“The way we responded to the challenges, kept commerce moving and preserved jobs is a story that we will all remember for a long time to come,” says Port of Los Angeles Executive Director Gene Seroka during his State of the Port address.