Vessel traffic through Ontario’s Welland Canal has ceased after a power outage damaged equipment in two of its locks, the St. Lawrence Seaway Management Corporation (SLSMC) said.The not-for-profit corporation, which manages and operates the Canadian as…
Ship Traffic Halted After Power Outage Hits Welland Canal Read More »
New York Waterway on Monday christened its new vessel Arthur E. Imperatore, named in honor of the company’s late founder. The vessel will provide scenic tours of New York Harbor in addition to commuter transportation.Built locally by Yank Marine in Tuc…
NY Waterway Christens New Ferry Arthur E. Imperatore Read More »
The grain and soybeans trade sentiment appears to be mixed for the second half of 2023, as both positive and negative factors are expected to come into play. In its latest weekly report, shipbroker Intermodal said that “the assessment of the upcoming t…
Dry Bulk Market: Mixed Sentiment on Grain and Soybean Trades Read More »
The global telematics enabled container equipment fleet is forecast to grow 6-fold over the next 5 years and account for 30% of global box inventories by 2027, driven by wider adoption across the dry container fleet. This is one of the main conclusions…
Smart container fleet to expand 6-fold over the next 5 years Read More »
Moving into July, the outlook for containers is becoming ever more opaque. The ongoing conflict between attempts to ratchet up spot rates versus a seemingly overwhelming orderbook through the 2023 and 2024 period have rattled forecasts that have been a…
FBX Index July 2023: Looking forward Read More »