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Global Gateways: Page 30
Canada’s Top Port Looks to Add 70% Capacity in Asia Trade Push
The terminal is set to be running by the mid 2030s, and the expansion would allow the Port of Vancouver to handle an additional 2.4 million twenty-foot equivalent units a year.
Four Crew Members Rescued from Ship Sunk by Houthis in Red Sea
The Greek-owned
Eternity C
was the second ship Houthis had sunk in the Red Sea over a three-day period.
Surging U.K. Shipping Costs Threaten to Deliver a New Price Shock
The increase was fueled by demand from American businesses that have been rushing to import products before President Donald Trump’s latest round of tariff hikes kick in.
Heatwave Dries Up Cargo Capacity on Europe's Largest Rivers
Ships transiting the Danube River in Hungary have only been able to operate at 30-40% capacity, prompting operators to hit cargo owners with surcharges as high as 100%.
Ocean Carriers Warn of No End in Sight for Global Shipping Logjam
A port operating at 90% of capacity generates a lot of inefficiencies, with increased dwell times that can quickly create delays further down the supply chain.
Ports of Indiana to Reopen Burns Harbor Grain Terminal
The Burns Harbor grain terminal first opened in 1979, and helped move more than 500 million bushels of corn and soybeans up until its closure in 2023.
Rubio Asks China To Stop Iran Closing Strait of Hormuz
China's UN Ambassador Fu Cong said all parties should restrain "the impulse of force... and adding fuel to the fire," according to a state-run CCTV report.
Shipping on High Alert in Mideast After U.S. Strikes on Iran
European Union’s naval force warned of a severe threat to ships linked to the U.S. and Israel, and a low risk for all other ships.
Maersk Suspends Service at Haifa
The ocean carrier said it had not experienced any further disruptions to its scheduled operations in the region.
Port of Los Angeles Completes Construction of Berths 177-182
The new wharf, designed in compliance with the Port’s seismic code, partially replaced a timber wharf that was extensively damaged in a fire in 2014.
Ships’ Electronics Increasingly Jammed Since Israel Struck Iran
False location signals and jamming of vessels’ navigational equipment have become a growing feature of the commercial shipping industry in the past few years.
Thai Exporters Face $600 Million in Added Costs as Port Congestion Worsens
The port congestion stems from a reduced number of vessels, overcapacity, inadequate rail and road infrastructure, lengthy regulatory procedures and poor truck queue management.
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