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Port of Savannah Logs Record Cargo Volumes in September
The port brought in 1.5 million TEUs for the first quarter of its fiscal year, up 2.7% from that same period last year, and representing the second best quarter in its history.
Photo: iStock / halbergman
Ships Take Long Way Around as Drought Snarls Panama Canal
While sailing through the Strait of Magellan adds distance and fuel costs, its toll-free passage offers shipowners another option when constraints elsewhere drive up delays and transit costs.
Photo: iStock/DurkTalsma
Shadow Fleet Traffic Surges Along Northern Sea Route
At least 50 shadow fleet oil tankers and 18 LNG carriers were seen traveling the NSR between mid July and mid September.
Photo: iStock.com/lyash01
Renewed Hormuz Attacks Put Gulf Oil Rebound at Risk
Seven of the vessels were attacked near the narrowest part of the Strait of Hormuz, while it remains unclear where the eighth attack took place.
Image: iStock/Alones Creative
U.S. Visa Ban Hits Judge at Center of Chinese Port Dispute in Peru
It was Núñez’s decision over the Chinese-owned Chancay port that sparked some of Washington’s most direct criticism yet of Peru’s close ties with China.
Chancay Port, Peru, under construction. Photo: iStock/Rommel Gonzalez
Gulf Oil Exports Rebound to Pre-War Levels
According to Kpler, roughly 40% of oil from Gulf states now leaves without crossing through the Strait of Hormuz.
Photo: iStock / onurdongel
Panama Canal to Roll Back Transit and Draft Restrictions
Rainfall at the canal has reportedly returned to close to average levels, with Gatun Lake rising from 84.04 feet on September 1, to 84.74 feet on September 27.
Photo: iStock/Ceri Breeze
Cargo Volumes at Port of Oakland Fall by 10% in August
Year-to-date through August, the port has handled more than 1.4 million total TEUs, falling short of that same period last year by 4.5%.
The Port of Oakland in Oakland, California on October 26, 2011. Photo: iStock.com/hanusst
Busiest-Ever Week for China Ports Offers Glimpse of Tariff Unease
A record 7.3 million containers passed through Chinese terminals in the seven days through September 20, an increase of 9% from a year ago.
Port of Yantai, China. Photo: iStock/daizuoxin
Rhine Sinks to Record Low in Further Blow for Shipping
The all-time low marks eclipses the level reached in August, when Western Europe’s hottest ever summer depleted waterways across the region.
The Rhine River on July 15. Photographer: Andreas Rentz/Getty Images
Port of Savannah Reports Faster Shipping Times as Suez Transits Resume
According to a September 22 release from the Georgia Ports Authority, Indian cargo has been reaching the Port of Savannah 10 to 14 days faster in recent weeks.
Photo: iStock / halbergman
Mexico Closes Pacific Ports as Hurricane Polo Forms Off Coast
Although Polo isn't expected to make landfall, the storm is still expected to skirt Mexico's coastline, with the U.S. National Hurricane Center predicting up to six inches of rain for some areas.
Hurricane Polo is expected to skirt the Pacific Coast of Mexico. Photo: U.S. National Hurricane Center
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