HOUSTON, Jan 24 (Reuters) – , which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a non-binding agreement with the government of Bangladesh to…
https://gcaptain.com/louisianas-argent-lng-sets-deal-with-bangladesh/
PORT-AU-PRINCE (Reuters) – U.S. rice exports to Haiti, which account for the bulk of supplies of the country’s key food staple, contain unhealthy levels of arsenic and cadmium, heavy metals that can increase risks…
https://gcaptain.com/u-s-rice-exports-to-haiti-have-unhealthy-levels-of-arsenic/
By Tarso Veloso (Bloomberg) –The cost to transport America’s harvest from the Midwest to the rest of the world is soaring as shrinking water levels on the Mississippi River drive up…
https://gcaptain.com/freight-rates-surge-as-mississippi-river-water-levels-drop/
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By Kim Chipman and Augusta Saraiva (Bloomberg) — As summer winds down and the holiday season nears, California’s $1 billion walnut industry is gearing up for its busiest shipping season. The problem…
https://gcaptain.com/california-walnut-producers-struggle-to-reach-overseas-markets/
By Augusta Saraiva and Kim Chipman (Bloomberg) — US nut exporters — fed up with delays at California’s Port of Oakland — are in talks with top steamship and rail carriers…
https://gcaptain.com/american-nut-exporters-looking-for-ways-to-avoid-clogged-california-port/
Container lines would receive unprecedented loading and unloading status at U.S. ports if new legislation aimed at prioritizing American exports were to become law.
The American Port Access Privileges Act, introduced Wednesday by U.S. Congressmen John Garamendi and Jim Costa, both California Democrats, would put American exporters “at the front of the line at our ports” in supporting the economy, according to the lawmakers.
The lawmakers hope to take advantage of the momentum generated through...
https://www.freightwaves.com/news/lawmakers-want-to-favor-carriers-that-prioritize-us-exports
Congress will soon schedule a vote — as early as next week — on the Ocean Shipping Reform Act of 2022. With bipartisan support in both the House and Senate, the bill is likely to pass.
The largest overhaul of shipping regulations since 1998, the legislation broadens the regulatory powers of the Federal Maritime Commission with the goal of promoting U.S. exports while reining in ocean carrier market power that has strengthened over the last 25 years, primarily through the rise of vessel alliances.
By Ana Monteiro and Eric Martin (Bloomberg) — The US merchandise-trade deficit shrank in April by the most since 2009 as imports fell amid lockdowns in China while exports increased to…
https://gcaptain.com/u-s-merchandise-trade-shrinks-most-since-2009/
The Federal Maritime Commission will consider taking regulatory action against ocean carriers that are not providing sufficient services to U.S. exporters and their overseas markets.
The FMC announced the stepped-up pressure on Monday as part of an expansion of the agency’s Vessel-Operating Common Carrier Audit Program, which the FMC launched last year to assess the market power of the nine largest container carriers operating in U.S. markets.
The audit program will begin evaluating how shipping...
https://www.freightwaves.com/news/fmc-pressuring-ocean-carriers-to-boost-exports