Transportation News, Logistics, Ports and Trade

Russia’s first flight to Georgia in four years sets off protest

Bloomberg | May 20, 2023 | Air Cargo | Airlines

Georgia President boycotts local airline over flights to Russia

Bloomberg | May 20, 2023 | Air Cargo | Airlines

US imposes sanctions on some of Russia’s biggest gold miners

Bloomberg | May 20, 2023 | International Trade

SpaceX sells Starlink terminals to Unipol for Italy flood relief

Bloomberg | May 20, 2023 | Air Cargo | Airports | Intermodal

Hedge funds’ ultra-bearish oil bets signal US recession angst

Bloomberg | May 20, 2023 | Energy

Ports & Terminals

Stas Margaronis | May 19, 2023

Port of Los Angeles’ Seroka says 2023 “Has been a challenging year”

The Port of Los Angeles reported cargo volumes declined during first three months of 2023 compared to 2022.

ILA Local 1408 Scholarship Fund raises nearly $60,000 for local students during 28th annual golf tournament

AJOT Newsroom | May 19, 2023 | Maritime

Fund says residual economic effects of the pandemic have prompted triple the amount of scholarship applicants compared to previous years

Galveston Cruise Terminal getting $53 million makeover for Carnival Jubilee arrival

AJOT Newsroom | May 19, 2023 | Ports & Terminals | Ports

The Galveston Wharves is investing $53 million in a major expansion at Cruise Terminal 25 to accommodate Carnival Cruise Line’s Carnival Jubilee, a new cruise ship arriving in December.

Burns & McDonnell awarded design contract by Port Muskogee

AJOT Newsroom | May 19, 2023 | Ports & Terminals | Ports

Heavy turbocharger for biggest project in Argentina

AJOT Newsroom | May 19, 2023 | Project / Heavy Lift

The entire shipment was transferred from Bahia Blanca to Salliqueló by special overland transport.

First Russian airline lands in Georgia after Putin lifts ban

Bloomberg | May 19, 2023 | Air Cargo | Airports

MOL and Mitsubishi Gas Chemical sign agreement on long-term charter for newbuilding dual-fuel methanol carrier

AJOT Newsroom | May 19, 2023 | Green Shipping | Maritime | Bulk

Mitsui O.S.K. Lines, Ltd. (MOL) announced the signing of basic agreement with Mitsubishi Gas Chemical Company, Inc. on 28th April, 2023 for the long-term charter of a methanol carrier, which can run on either methanol or conventional heavy fuel oil. The vessel, slated for delivery in 2025, will be built at Hyundai Mipo Dockyard.

WorldACD Weekly Air Cargo Trends (week 19)

AJOT Newsroom | May 19, 2023 | Air Cargo | Airports | By The Numbers

Demand partly bounces back after early May seasonal dip

Five shipping and intermodal leaders inducted into 29th International Maritime Hall of Fame in NYC

AJOT Newsroom | May 19, 2023 | Intermodal

Maritime Association of the Port of NY/NJ sponsors gala

CAGTC re-elects six board members, selects new officer

AJOT Newsroom | May 19, 2023 | International Trade

Frey appointed to an Advisor to Chair of the U.S. House Committee on Agriculture

AJOT Newsroom | May 19, 2023 | International Trade | Commodity

Frey Farms Founder will help shape U.S. Ag policy and influence the 2023 Farm Bill as a member of the Chairman’s National Agriculture Campaign Advisory Council

International Trade

Bloomberg | May 19, 2023

US-led Pacific trade talks close to reaching supply chains pact

Fourteen countries in US-led Indo-Pacific trade talks are nearing an agreement on supply chain coordination and may announce a deal as soon as next week, according to people familiar with the discussions.

G-7 restricts more goods but avoids near-total Russia export ban

Bloomberg | May 19, 2023 | International Trade

Group of Seven nations have decided against imposing a near-outright ban on exports to Russia and will instead widen existing restrictions on key goods, according to people familiar with the matter.

Energy

Bloomberg | May 19, 2023

China ramps up safety checks on old ships as dark fleet grows

A major port in China is stepping up checks on older vessels, snarling some cargoes and highlighting concerns around the steady expansion of a fleet of aging ships ferrying Russian oil around the globe.

Kenya to regulate carbon trade as nations seek more benefits

Bloomberg | May 19, 2023 | Green Shipping

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