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Steering a New Course: Saudi Arabia’s maritime sector is set to take on a more prominent role in the global supply chain

Saudi Arabia’s ports are undergoing a period of rapid transformation, poised to significantly impact global trade. Guided by the ambitious Vision 2030, Saudi Arabia is driving economic diversification, aiming to shift from a regional player to a global leader. At the heart of this transition is the National Transport & Logistics Strategy (NTLS), which targets an annual economic contribution of approximately $12 billion from the logistics sector by 2030. Saudi Arabia’s strategic geographic position places it at the crossroads of major global trade routes, positioning the Kingdom as a key ...

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Industry Titans to speak at AntwerpXL 2024: Unveiling Exciting Speakers and Industry Trends

AntwerpXL (AXL) is proud to announce an impressive line-up of speakers and industry experts, reinforcing its position as a leading forum for the breakbulk, RoRo, and project cargo sectors. The event will take place from the 8th to 10th October, with the main deck conference taking place on the 9th and 10th. This year’s conference will bring together an elite group of thought leaders and professionals, offering valuable insights into the latest trends, challenges, and innovations shaping the breakbulk and heavy lift industries. Attendees will gain access to unmatched expertise ...

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PPA records lowest rate of congestion at state-run ports

The Philippine Ports Authority (PPA) on Wednesday said there is no congestion at two of the country’s largest ports as well as other state-run ports, with the average dwell-time for containers at these ports at an all-time low. In a statement, PPA General Manager Jay Santiago said all ports under the agency’s jurisdiction—including the Manila International Container Terminal (MICT) and South Harbor—have a yard utilization rate of 70 percent, indicating that all state-run ports are running well within capacity. “The average dwell time for containers at PPA-managed ports stands at ...

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August Cargo at Port of Los Angeles Approaches 1 Million Container Units

The Port of Los Angeles handled a near-record 960,597 Twenty-Foot Equivalent Units (TEUs) in August, a 16% increase over the previous year. It was the busiest non-pandemic month ever at the Port. Eight months into 2024, the Port of Los Angeles is 17% ahead of its 2023 pace, already moving nearly 1 million more containers than last year. “The American consumer continues to spend and that’s helping to power our economy,” Port of Los Angeles Executive Director Gene Seroka said at a media briefing. “Some of the cargo arriving now ...

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HOT PORT NEWS from GAC

Additional sealed bid for Long-Term Slot Allocation (LoTSA) methodology 19 Sep 2024, Panama Canal, Panama The Panama Canal Authority has announced an additional auction to be published on October 9, 2024, for LNG/LPG. READ MORE Commissioning of oil pier 19 Sep 2024, Karachi, Pakistan KPT Oil Pier No.OP-3 will be commissioned for shipping operation/berthing with effect from 20 September. READ MORE Change to port tariffs 19 Sep 2024, Jaigarh, India From 1 October 2024, a revised tariff will be applicable for vessels at JSW Jaigarh Port. READ MORE Source: GAC

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Biden Won’t Block Potential Strike at East Coast Ports, Administration Official Says

U.S. President Joe Biden does not intend to invoke a federal law to prevent a port strike on the East Coast and Gulf of Mexico if dockworkers fail to secure a new labor contract by an Oct. 1 deadline, an administration official said on Tuesday. The International Longshoremen’s Association, negotiating on behalf of workers at three dozen U.S. ports from Maine to Texas that handle about half of the nation’s ocean imports, warned again on Tuesday that its members are prepared to stop work in two weeks. Their current six-year ...

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Longshoremen at key US ports threatening to strike over automation and pay

Determined to thwart the automating of their jobs, about 45,000 dockworkers along the U.S. East and Gulf Coasts are threatening to strike on Oct. 1, a move that would shut down ports that handle about half the nation’s cargo from ships. The International Longshoremen’s Union is demanding significantly higher wages and a total ban on the automation of cranes, gates and container movements that are used in the loading or loading of freight at 36 U.S. ports. Whenever and however the dispute is resolved, it’s likely to affect how freight ...

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FUJAIRAH DATA: Oil product stockpiles resume decline

Stockpiles of oil products at the UAE’s Port of Fujairah dropped 2.5% in the week ended Sept. 16, with all categories showing declines, according to the Fujairah Oil Industry Zone. The total inventory fell to 18.267 million barrels as of Sept. 16, marking the seventh weekly drop in the past nine weeks, according to the FOIZ data published Sept. 18 and compiled by S&P Global Commodity Insights since 2017. Still, stockpiles are still 5.4% higher than they were at the end of 2023. Heavy distillates and residues used for power ...

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PortXchange to Launch EmissionInsider Carbon Insight Suite, Pioneering Real-Time Emissions Reporting and Setting New Global Standards for Port Sustainability

PortXchange, a leading innovator in port emissions digitalization and maritime solutions, is set to launch EmissionInsider Carbon Insight Suite. This enhanced version of their acclaimed emissions tracking and analysis platform represents a significant advancement in establishing global standards for emissions reporting in the maritime industry. EmissionInsider Carbon Insight Suite features a customizable dashboard, allowing ports to integrate bespoke modules tailored to their specific needs. Additionally, the platform offers the Port Emissions Report, providing in-depth emissions analysis for ports offering more comprehensive reporting capabilities. As the maritime sector faces increasing pressure ...

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‘Wound in my heart’ – Baltimore bridge disaster bereaved sue

As the sun was rising Baltimore 26 March, Maria del Carmen Castellón received news that she never expected: her husband, Miguel Angel Luna Gonzalez, was missing in the cold, dark waters of Maryland’s Patapsco river. “I got a knock on the door from my husband’s son,” she recalls. “It’s news I wouldn’t wish on any wife. At that moment, I wished I had wings so I could fly and save him.” Luna, a 49-year-old father of three originally from El Salvador, was one of eight workers fixing potholes on Baltimore’s ...

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First direct ship from China arrives at Ctg port in just 9 days

The first ship on the newly established direct shipping route between China and Chattogram has successfully arrived at Chattogram Port, marking a significant milestone in the trade relationship between the two countries. The MV Kota Angun operated by Singapore-based Pacific International Lines, docked at jetty 13 at 10:42am on Monday, after a rapid nine-day journey from China’s Port of Ningbo-Zhushan. Carrying 552 containers, the vessel marks the inaugural voyage under the China-Chattogram Express service, a consortium of vessels from multiple shipping companies. The new route has reduced the shipping time ...

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WEC Lines launches fast weekly call between Hamburg und Portugal

As from September 23rd, WEC Lines adds Hamburg to its NWC-Portugal service. With this new addition, Dutch shipping liner and owner establishes a fast weekly sailing route from Hamburg to Leixões and Setúbal in Portugal. By departing from Hamburg on Sundays and arriving in Leixões on Saturdays and Setúbal on Mondays, this service offers an eco-friendly alternative to truck transport from Germany into Portugal. The ports of call include Hamburg, Rotterdam, Antwerp, Montoir, Leixões, and Setubal, forming a well-connected bridge between these vital trade hubs. The new weekly service will ...

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HOT PORT NEWS from GAC

New rules for bulk carrier vessel passages 18 Sep 2024, Dardanelles, Turkey New rules have been implemented for the passage of bulk carrier vessels through the Dardanelles Strait. READ MORE 500,000 containers already handled via Secure Chain 18 Sep 2024, Rotterdam, Netherlands This week, the 500,000th import container was securely and reliably handled via the Secure Chain in the port of Rotterdam. READ MORE Modifications to Transit Reservation (Booking) System 18 Sep 2024, Panama Canal, Panama The Panama Canal Authority has announced modifications to the Transit Reservation (Booking) System rules ...

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How Can We Use Data To Help Decarbonise Ports?

Global shipping contributes 2-3% of carbon emissions, with ports playing a significant role. Leveraging big data can optimize vehicle operations, manage machinery maintenance, and improve energy efficiency in port facilities, accelerating decarbonization efforts in the maritime industry. Global shipping makes up about 2-3% of global carbon emissions. Although that might not sound like a lot, it is unfortunately 2-3% of quite an alarmingly high number. As I mentioned in my previous article (which you can read here), big data can and should be used to help propel the decarbonisation process ...

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Implications of Looming labor strikes on U.S. container trade and supply chains

September is traditionally one of the busiest months for U.S. containerized imports, driven by the peak shipping season as businesses prepare for the holiday rush. However, this year presents an unprecedented combination of challenges that could heavily impact supply chains. Potential labor strikes, natural disasters, and tariff uncertainties are converging, creating a highly volatile environment for global trade. This also led to the pulling forward of orders by retailers, which led to strong inventories in the US. In August 2024, U.S. container cargo imports surged by 12.9% year-over-year, with major ...

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