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Port of Los Angeles Boss Sees Dramatic Drop in Cargo Volumes
Ports
April 29, 2025
From 
Mike Schuler
 via 
gCaptain

Port of Los Angeles Boss Sees Dramatic Drop in Cargo Volumes

The Port of Los Angeles is projecting a significant decline in cargo volumes, with inbound shipments expected to drop 35% next week compared to last year as major American retailers...
West Coast Dockworkers Union ILWU Slams Trump’s ‘Haphazard and Destructive’ Tariff Plan
Ports
April 28, 2025
From 
Mike Schuler
 via 
gCaptain

West Coast Dockworkers Union ILWU Slams Trump’s ‘Haphazard and Destructive’ Tariff Plan

The International Longshore and Warehouse Union (ILWU) has issued a forceful statement opposing recently implemented tariffs between the United States and China, warning of severe consequences for maritime workers and...
Fire at Iran’s Bandar Abbas Port Contained as Death Toll Rises
Ports
April 28, 2025
From 
Mike Schuler
 via 
gCaptain

Fire at Iran’s Bandar Abbas Port Contained as Death Toll Rises

The death toll from a major explosion in Iran's most important container port of Bandar Abbas rose to at least 65, with over 1,200 injured, state media said on Monday, as firefighters battled a blaze that Iranian officials said was now under control 48 hours after the start of the fire.
Iran Still Battling Port Fire As Death Toll, Casualties Rise
Ports
April 27, 2025
From 
Bloomberg
 via 
gCaptain

Iran Still Battling Port Fire As Death Toll, Casualties Rise

By Arsalan Shahla Apr 27, 2025 (Bloomberg) –Iranian authorities on Sunday were still working to control fire and smoke unleashed by yesterday’s explosion at a key commercial port in the country’s...
China Says CK Hutchison’s Ports Deal Must Not Avoid Antitrust Review
Ports
April 27, 2025
From 
Reuters
 via 
gCaptain

China Says CK Hutchison’s Ports Deal Must Not Avoid Antitrust Review

BEIJING, April 27 (Reuters) – China’s top market regulator said on Sunday it was paying close attention to CK Hutchison’s 0001.HK planned sale of most of its ports operations to a BlackRock-led consortium and parties...
Putin Orders Russian Emergency Planes To Iran After Blast At Port
Ports
April 27, 2025
From 
Reuters
 via 
gCaptain

Putin Orders Russian Emergency Planes To Iran After Blast At Port

MOSCOW, April 27 (Reuters) – President Vladimir Putin has ordered several planes to be sent to Iran to help deal with the aftermath of a blast at Iran’s port of Bandar Abbas, Russia’s emergency...
Update: Death Toll From Blast At Iran’s Bandar Abbas Port Rises To 40
Ports
April 27, 2025
From 
Reuters
 via 
gCaptain

Update: Death Toll From Blast At Iran’s Bandar Abbas Port Rises To 40

DUBAI, April 27 (Reuters) – The death toll from a powerful explosion at Iran’s biggest port of Bandar Abbas has risen to at least 40, with more than 1,200 people injured, state media reported on Sunday,...
Suspected Chemical Blast At Iran’s Bandar Abbas Kills 4, Injures Hundreds
Ports
April 26, 2025
From 
Reuters
 via 
gCaptain

Suspected Chemical Blast At Iran’s Bandar Abbas Kills 4, Injures Hundreds

DUBAI, April 26 (Reuters) – A huge blast on Saturday likely caused by the explosion of chemical materials stored at Iran’s biggest port, Bandar Abbas, killed at least four people and injured...
CMA CGM Becomes Majority Owner of South America’s Largest Container Terminal Operator
Ports
April 25, 2025
From 
Mike Schuler
 via 
gCaptain

CMA CGM Becomes Majority Owner of South America’s Largest Container Terminal Operator

French shipping and logistics giant CMA CGM Group has completed its acquisition of a controlling 51% stake in Santos Brasil Participações S/A, marking a significant expansion of its terminal operations...
Major European Ports Face Headwinds in Q1 as Global Trade Tensions Rise
Ports
April 24, 2025
From 
Mike Schuler
 via 
gCaptain

Major European Ports Face Headwinds in Q1 as Global Trade Tensions Rise

The Port of Rotterdam and Port of Antwerp-Bruges reported declining cargo volumes in the first quarter of 2025, as both major European maritime hubs navigate challenging global trade conditions and...
Trump’s 100% Tariff Proposal on Chinese Cranes Could Leave U.S. Ports with Few Options
Ports
April 23, 2025
From 
Bloomberg
 via 
gCaptain

Trump’s 100% Tariff Proposal on Chinese Cranes Could Leave U.S. Ports with Few Options

Chinese cranes that load and unload containers from ships are the latest target of the Trump administration’s attempt to boost domestic manufacturing, even as no US industry for the equipment exists.
Singapore’s PSA Weighs Selling Minority Stake in CK Hutchison’s Ports Business
Ports
April 23, 2025
From 
Reuters
 via 
gCaptain

Singapore’s PSA Weighs Selling Minority Stake in CK Hutchison’s Ports Business

SINGAPORE, April 23 (Reuters) – Singapore’s PSA International is exploring the sale of its 20% stake in CK Hutchison‘s ports business, two people with knowledge of the matter said, joining the Hong Kong...