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ONE Beats 2M As Norfolk Bucks The National Downward Import Trend

Container handling through the port of Norfolk and its neighbors climbed 4.3% year over year in February. A 5.0% improvement bucked the national trend of declining volumes. While shipments from China fell 7.0% there was a marked improvement in shipments from Europe and the rest of the world. T... Read more →


BP’s New Fuels Carry Significant Costs for Shipping Lines

Oil refiner BP has launched its range of IMO-compliant shipping fuels ahead of the implementation of new sulfur emission regulations in 2020. Shipping lines face a significant increase in costs in 2020 given the new fuels cost $188 per ton, or 45.2%, more than high sulfur fuels according to S&... Read more →


Everglades Dries Up as U.S. Port Activity Slows

U.S. port activity slipped in February with total containerized freight imports having fallen by 3.4% year over year due to reduced shipments from China and Europe. Long Beach saw the fastest decline among the major ports with a 15.3% drop, representing an acceleration from a 0.5% decrease see... Read more →

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