News

News

Contracts Awarded for U.S. Offshore Wind Projects

portnews - May 9, 2022

Wind developers are awarding contracts as they prepare to move into the offshore construction of wind farms and then to provide ongoing support and...

Bolivia

Port programme opens ocean of opportunities for Bolivia

portnews - May 9, 2022

A river port in the landlocked nation that joined UNCTAD’s port management programme is helping importers and exporters overcome logistics challenges. Bismark Rosales, the general...

Market

Shipping stocks take another beating, sinking by double digits

portnews - May 9, 2022

Monday was a rough day all around on Wall Street but particularly painful for owners of ocean shipping stocks, which fell much more sharply...

Market

Baltic index hits over 4-month peak on higher rates for all vessels

portnews - May 9, 2022

The Baltic Exchange’s main sea freight index rose to a more than four-month high on Monday, helped by stronger rates across vessel segments. The overall...

Dry Bulk

China April iron ore imports down 1.4% from March – customs

portnews - May 9, 2022

China’s April iron ore imports fell 1.4% from a month earlier, official customs data showed on Monday, as overall purchases were impaired by lean...

Cruise Yacht Ferry Boat

Fire Reported During Refueling Operations for Celebrity Cruise Ship

portnews - May 9, 2022

An engine room fire was reported aboard a bunker barge in Civitavecchia, Italy, on Monday, May 9, 2022, while the barge was refueling Celebrity...

Companies

MR freight earnings surge 63.5% amid oil market driven product tanker dislocations: Ardmore

portnews - May 9, 2022

Dislocations in product tanker positions driven by the Russia-Ukraine conflict amid low levels of global product inventories and a seasonal surge in South American...

News

U.S. Coast Guard Rescues Superyacht off Grays Harbor

portnews - May 9, 2022

Over the weekend, the U.S. Coast Guard rescued seven people from a 143-foot Benetti yacht about 25 miles off the northwest coast of Washington. The...

Communicaions

GTMaritime saves time with GTReplicate V2 ship-shore file share launch

portnews - May 9, 2022

Leading provider of secure data communications software to the shipping industry, GTMaritime, has launched a new version of GTReplicate, as part of its continuous...

Market