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AIS Vessel Tracking Provides Clear Picture into USS Fitzgerald Collision

Posted by Chris Leslie on Jun 22, 2017 6:07:00 AM

 Early Saturday morning, a US destroyer, the USS Fitzgerald, was hit by a container ship just off the coast of Shimoda, Japan. The collision claimed the lives of seven US Navy Sailors. In the aftermath of this tragedy, both sides are trying to figure out exactly what happened.

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Will OPEC’s extension of production cuts lead to higher oil prices?

Posted by PortVision on Jun 13, 2017 6:07:00 AM

In Vienna on May 25, members of the Organization of the Petroleum Exporting Countries (OPEC) and its allies — including Russia — agreed to extend their cutbacks in oil production in hopes of addressing the glut of oil that’s been keeping down the price-per-barrel.

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New Pipelines and LNG Terminals Boost Natural Gas Exports

Posted by PortVision on May 17, 2017 6:08:00 AM

The “shale revolution,” as it’s been called, has led not only to the construction of new pipelines and LNG terminals, but also to a significant increase in this country’s energy exports. Less than a decade ago, U.S. gas production from conventional fields was in a downward spiral. And experts predicted that the country would become, of necessity, one of the largest importers of natural gas.

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Port Alliances Present New Possibilities

Posted by PortVision on May 9, 2017 6:07:00 AM

With the approval of the Federal Maritime Commission (FMC), several ports that previously competed for market share are now working cooperatively—exploring opportunities, sharing data, promoting cargo-handling efficiencies, expanding infrastructure. This trend among ports to form alliances with other ports in the same geographic region has come in response to the recent alliances formed by shipping companies.

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Strong Demand for LNG Expected to Continue

Posted by PortVision on Apr 25, 2017 6:07:00 AM

According to the LNG Outlook recently published by Shell, things look good for solid growth in the liquefied natural gas industry through 2030, though some indicators in 2016 briefly called that projection into question.

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Barge Revenues Drop in Spite of Record Harvest

Posted by PortVision on Apr 18, 2017 6:07:00 AM

A few years ago, with grain volumes on the rise, adding more barges to the fleet seemed a good idea to many U.S. shippers. More barges. Bigger loads. Larger profits. But things haven’t worked out as planned, even with the recent record-breaking harvests of corn and soybeans.

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Large Fleet of Icebergs Impacting North Atlantic Shipping Lanes

Posted by Chris Leslie on Apr 7, 2017 6:07:00 AM

Over 450 icebergs have drifted down into the North Atlantic shipping lanes, 363 of which have arrived over the past 7 days. This is forcing vessels to either dramatically lower their speed to navigate the icebergs, or take detours which can add up to 400 miles to the trip.

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West Coast Ports Post Market-Share Gains in 2016

Posted by PortVision on Apr 4, 2017 6:07:00 AM

According to a recent report from the Pacific Maritime Shipping Association (PMSA), ports up and down the West Coast of the U.S. collectively posted gains in market share in 2016 in terms of the TEUs—twenty-foot equivalent units—they processed. In coming to that conclusion, the PMSA report took into account a number of factors, including container weight, and whether the TEUs were outbound or inbound.

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Heavy Smog in China’s Ports Causes Costly Delays

Posted by PortVision on Mar 21, 2017 6:07:00 AM

The watchdogs at China’s Ministry of Environment probably weren’t surprised at the shipping delays recently caused by the heavy smog in the major ports in northern China. But the shippers were.

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Key Ports Break Records in 2016 for Loaded-Container Volume

Posted by PortVision on Feb 28, 2017 6:07:00 AM

It was a very good year for ports on both sides of the country in terms of the total number and volume of containers handled in 2016. In most cases, those figures showed a marked – sometimes record-breaking – increase. This blog will look at statistics that bear this out.

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