Monthly Archives: December 2024

Wallenius Marine is conducting advanced wind tunnel tests aimed at realising the world’s first wind-powered pure car and truck carrier (PCTC).The tests are being carried out in Gothenburg, Sweden, at one of Europe’s most advanced wind tunnels…

The battery-electric hydrofoiling boat VS-9 has officially joined the fleet of Fullers360, New Zealand’s largest ferry operator.Designed and built by Vessev, the vessel is nine meters long, can transport passengers at a service speed of 25 knots…

The unemployment rate in the U.S. transportation sector was 4.8% (not seasonally adjusted) in November 2024 according to the Bureau of Labor Statistics (BLS).These data have been updated on the Bureau of Transportation Statistics’ (BTS) Unemployment in...

The Philippines held maritime drills with the United States and Japan inside its exclusive economic zone in the South China Sea, its military said on Friday, two days after a maritime confrontation with Beijing around a disputed shoal.The drills, which...

Diesel shipments from the U.S. Gulf Coast to Europe's main trading and refining hub, the Amsterdam-Rotterdam-Antwerp (ARA) region, are set to rise owing to improving export margins on the back of scarce supply in Europe and rising U.S. refinery product...

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a seven-session losing streak on Friday, supported by gains in larger vessels.The index .BADI, which factors in rates for capesize…

U.S. corn futures climbed to a two-week high on Friday on technical buying and support from strong U.S. export sales, putting the market on pace for its strongest weekly advance in a month.Soybeans followed corn higher, although forecasts for a record-...

AET, owner and operator of maritime transportation assets and specialised services and a member of the MISC Group, and the Singapore Maritime Foundation (SMF) have signed a Memorandum of Understanding (MoU) to jointly develop Singapore’s maritime talen...

Svitzer has begun operations in the Port of Itaqui in São Luís, Maranhão, marking another significant milestone in its expansion across Brazil. Over the past nine years, Svitzer has invested more than R$650 million in the country, reflecting…

The summer of 2013 was a breaking point for the Port of New York and New Jersey.“It was like Armageddon,” said Bethann Rooney, port director at the Port Authority of New York and New Jersey. “It was the worst cargo congestion we’ve ever seen.”The compo...