As 2022 moves into its final months, low water levels and drought form the basis of the news impacting inland waterways operators and barge companies. In the first week of October, numerous barges were reported grounded in the Mississippi River, particularly south of Baton Rouge. This has consequences: barge rates jumped 218% in St. Louis, compared to 2021.
Adani Ports and Special Economic Zone, India's largest private operator of ports, reported a 69% surge in quarterly profit on Tuesday, driven by strong cargo volumes. The company's consolidated profit for the quarter-ended Sept. 30 rose to 16.77 billion Indian rupees ($203 million). It had reported a profit of 9.95 bln rupees a year ago. Revenue from operations surged 33% to 52.
Low water levels on the Mississippi River are likely to persist this winter as drier-than-normal weather is expected across the southern United States and Gulf Coast, U.S. government forecasters said on Thursday.Drought, which currently spans 59% of the country, is expected to continue or worsen in the middle and lower Mississippi River valley as well as in much of the West and the Great Plains
U.S. soybean exports are trailing their normal autumn pace despite rising supplies from an accelerating harvest, as low river levels have slowed the flow of grain barges to export terminals, according to U.S. Department of Agriculture (USDA) data issued on Monday.Corn exports are also lagging their typical harvest-time rate, weekly USDA export inspections data showed.
Two stretches of the southern Mississippi River were reopened to commercial traffic over the weekend after dredging operations deepened the shipping channel near Memphis, Tennessee, and near Stack Island, Mississippi, the U.S. Coast Guard said on Monday.The major shipping waterway had been closed to vessel traffic at the two locations since at least last week after several barges and boats
The U.S. Coast Guard has awarded Denver-based Birdon America, Inc. a contract for the detail design and construction of its new river buoy and inland construction tenders.The deal is part of the Coast Guard's Waterways Commerce Cutter (WCC) Program to replace its aging fleet of 35 inland tenders that support the service’s aids to navigation (ATON) mission in federal inland waterways.
It’s amazing to consider that a commercial vessel in the Pacific Ocean, approaching the mouth of the Columbia River, can continue its eastward journey to finally tie up at the Port of Lewiston, in Lewiston, Idaho, America’s most inland West Coast port, 465 miles from the Pacific Ocean.
An area of the Indian Ocean near Somalia—once known as a piracy hotbed—has been removed from the shipping industry's list of high-risk areas following more than a decade of military, political, civil society and the industry measures to secure the waters. No piracy attacks against merchant ships have occurred off Somalia since 2018.
Europe's worst drought in years has pushed the mighty river Danube to one of its lowest levels in almost a century, exposing the hulks of dozens of explosives-laden German warships sunk during World War Two near Serbia's river port town of Prahovo.The vessels were among hundreds scuttled along the Danube by Nazi Germany's Black Sea fleet in 1944 as they retreated from advancing Soviet forces
The Russian embassy in India said on Tuesday that it was aware of a Russian cargo ship in detention at the Indian port of Cochin."Russian Embassy in India is aware of the Russian cargo ship detention in the Indian port of Cochin, on board of which a military cargo for the Indian Armed Forces was delivered," Reuters partner ANI quoted the embassy as saying.
India is providing safety certification for dozens of ships managed by a subsidiary of top Russian shipping group Sovcomflot, official data showed, enabling oil exports to India and elsewhere after Western certifiers withdrew their services due to global sanctions against Moscow.Certification by the Indian Register of Shipping (IRClass), one of the world's top classification companies
Three Indian Navy personnel were killed in an explosion on a ship at a naval dockyard in Mumbai on Tuesday, the navy said.It gave no reason for the blast but said a board of inquiry would investigate."The ship's crew responded immediately and quickly brought the situation under control. No major material damage has been reported," the navy said in a statement.