Free Republic

The U.S. is exporting more LNG to Europe as a result of Russia’s war in Ukraine and cuts made to natural gas supplies ahead of winter, but there has been a buildup of LNG vessels waiting to unload at ports with European infrastructure unable to handle the increased LNG shipments. Sixty LNG tankers have been idling or slowly sailing around northwest Europe, the Mediterranean, and the Iberian Peninsula, according to MarineTraffic. One is anchored at the Suez Canal. Eight LNG vessels that came from the U.S. are underway to Spain’s Huelva port. ... European gas prices had soared above 340...

The penalties on 58,900 containers at the ports of Los Angeles and Long Beach are officially racking up charges. These containers were part of the 60,000 containers the ports alerted the ocean carriers last Monday to move or face a daily $100 penalty per container, increasing in $100 increments per day.American Shipper reached out to both ports for updates on the removal of the “lingering” containers.Photo of Pier 400 courtesy of Port of Los AngelesAccording to Port of Los Angeles Executive Director Gene Seroka, there are a total of 84,000 total imports on docks waiting to be transported, a total...

Halloween is going to be an extra scary day for the logistics world. A total of 60,000 containers have been marked as beyond the dwell time and need to be moved out of the ports of Los Angeles and Long Beach by the carriers or the penalties will start racking up. A total of 33,000 containers need to be rolled out of the Port of Los Angeles and 27,000 loaded containers for the Port of Long Beach — a whopping $2,633,940,000 value in trade.Carriers were put on notice this week when the ports announced that, starting next Monday, a daily...

Donald Trump may be the only Republican presidential candidate who can realistically hit the magic 1,237 number for the majority of delegates, but according to a senior Republican National Committee official that does not mean he will become the GOP presidential nominee. "Even if Trump reaches the magic number of 1,237 the media and RNC are touting, that does not mean Trump is automatically the nominee," Haugland said. "The votes earned during the primary process are only estimates and are not legal convention votes. The only official votes to nominate a candidate are those that are cast from the convention...