News

DP World invests in Saint John terminal

“DP World is making a technology and asset investment in its Saint John multipurpose container termi...

Saudi ports cross 600,000 box mark

“Ports across Saudi Arabia moved a total of 600,107 TEU in May 2022, up 1.38 per cent over the same period the previous year.” See the original story at Port Technology. Source: Port Technology (JK)

Bolloré opens new logistics base in Cameroon

“Bolloré Transport & Logistics Cameroon (Bolloré) has opened a new logistics hub in the industrial p...

Korean truckers’ strike hits critical stage as talks break down

“Industrial production and consumption in South Korea took a further beating as the truckers’ strike...

SMEs cry foul over ‘unfair’ customs charges by DP World

“DP World has denied its customs clearance fee is an effort to recoup costs of scrapping import facilities, as SMEs claim they are being disproportionately forced to bear this burden.” See the original story at The Loadstar. Source: The Loadstar (JK)

Carriers ‘more aggressive’ over ‘unfair’ container detention in Australia

“Shipping lines calling at Australia are becoming “more aggressive” over container detention, adding to supply chain costs from landside congestion and rising port fees.” See the original story at The Loadstar. Source: The Loadstar (JK)

Port of Helsinki eyes carbon neutrality by 2030

“Finland’s Port of Helsinki has reiterated its commitment to becoming completely carbon neutral by 2030, with regard to the port’s own emissions.” See the original story at Offshore Energy. Source: Offshore Energy (JK)

New study: JIT arrivals can reduce container ships’ fuel consumption by 14% per voyage

“Just In Time (JIT) arrivals can lead container vessels to reduce fuel consumption and resulting car...

Biden meets Long Beach officials to discuss investments on infrastructure and trade

“The president of the United States, Joe Biden, met with the Port of Long Beach (POLB) executive dir...

UP, BNSF blame shippers for rail container buildup in LA

“The number of rail containers at the Port of Los Angeles has jumped 20 percent over the past month...

South Korean shipowners plan legal action after carriers fined for alleged price collusion

“The Korea Shipowners’ Association (KSA) is planning to take legal action against South Korea’s Fair...

Strike threat hanging over German ports, terminals

“German port employers and the union representing dockworkers are planning to hold another round of...

CMA CGM and Tsakos in fourth container ship sale and purchase deal

“France’s CMA CGM has purchased its fourth boxship in less than a year from Greece’s Tsakos Shipping & Trading.” See the original story at TradeWinds. Source: TradeWinds (JK)

Lebanon launches auction for Beirut port reconstruction

“The Government of Lebanon has announced the launch of an auction to reconstruct the Port of Beirut following the explosion that killed more than 200 people.” See the original story at Port Technology. Source: Port Technology (JK)

Employers slam German docker strikes as ‘absolutely irresponsible’

“Strike action in the late shifts of Thursday evening crippled the Hamburg container terminals at HHLA and Eurogate, adding to the congestion crisis impacting North European ports.” See the original story at The Loadstar. Source: The Loadstar (JK)

Liner operators fined $64m for fixing South Korea-Japan freight rates

“Fifteen liner operators have been fined a total of $64m by the Korea Fair Trade Commission (KFTC) for colluding to fix South Korea-Japan freight rates.” See the original story at The Loadstar. Source: The Loadstar (JK)

Port of Singapore stops accepting hydrogen peroxide following Chittagong blast

“PSA Singapore will no longer accept containers full of hydrogen peroxide at its terminals, followin...

Spot rates set to spike as strikes and congestion hit N Europe

“Despite a softening in demand, container spot rates from Asia to North Europe could be set to spike...

Economic growth triggers strong demand for intra-Asian box trades

“Asia Pacific economic growth and supply chain diversification is spurring strong demand for intra-Asia container trades, with a flurry of new services launched in June.” See the original story at The Loadstar. Source: The Loadstar (JK)

Wait-and-see as Shanghai back into lockdown

“A Covid-19 flare-up in Shanghai just eight days after emerging from a two-month lockdown has return...

HMM unveils its new digital booking platform

“The South Korean ocean carrier HMM has introduced its new digital solution called Hi Quote (HMM Ins...

Slovenian container port increases TEU capacity

“Port of Koper in Slovenia has increased the container capacity of its Pier I by 15% and the box terminal now has an annual capacity of 1.5 million TEU.” See the original story at Container News. Source: Container News (JK)

Ports of Auckland halts container terminal automation project

“Ports of Auckland has decided to end the automation of the Fergusson Container Terminal with the bo...

Boxship newbuild prices break records

“Japanese owners are paying record sums for the latest megamax containerships, further evidence of t...

Ocean Yield buys methanol-ready boxship newbuild

“Norwegian shipowner Ocean Yield has agreed to purchase a new 5,500 teu container vessel under construction in South Korea for an undisclosed sum.” See the original story at Splash247. Source: Splash247 (JK)

ICTSI bets on Argentinian terminals expansion

“International Container Terminals Services (ICTSI) is readying expansion investments at its termina...

Norfolk Southern, Hapag-Lloyd, Union Pacific, and Port of Virginia join forces on new service

“Norfolk Southern has partnered with Hapag-Lloyd, Union Pacific Railroad, and the Port of Virginia to launch the OceaNS Bridge Express service.” See the original story at Port Technology. Source: Port Technology (JK)

Busan sees steep decline in volumes as truckers’ strike hits key industries

“South Korea is counting the economic costs of the fallout from the intensifying truckers’ strike, w...

US importers urge White House to steer west coast labour talks to conclusion

“Worried about possible failure of the current contract negotiations between labour and employer gro...

Antwerp barges continue to operate despite Hapag suspension

“Hapag-Lloyd has suspended its Antwerp barge services until July amidst worsening terminal congestio...

No end in sight for shippers’ surging supply chain costs

“Amidst a mixed demand picture on the world’s largest container shipping lanes, shippers are likely...

Parts of Shanghai and Beijing go back under lockdown

“China’s whack-a-mole policy on Covid has seen parts of Shanghai and Beijing lockdown once more.” See the original story at The Loadstar. Source: The Loadstar (JK)

SITC exits dry bulk segment after selling off its entire fleet

“SITC International Holdings has completed the sell-off of its entire bulk carrier fleet. The Hong K...

Port of Valencia to build two electrical substations

“The Port Authority of Valencia (PAV) is proceeding with many initiatives aiming to make its operations more ecological.” See the original story at Container News. Source: Container News (JK)

PMA-ILWU discussing earlier start times at West Coast terminals

“West Coast longshore employers and dockworkers engaged in negotiations for a new contract are discu...

Shipping Boom Expected After Shanghai Reopening

“China’s shipping industry is bracing for an uptick in demand and freight costs as manufacturing act...

COSCO SHIPPING SPE. joins GSBN

“COSCO SHIPPING SPE. has signed an agreement to enter the blockchain-based Global Shipping Business Network (GSBN).” See the original story at Port Technology. Source: Port Technology (JK)

Concerns mount as more, old dangerous goods found at Chittagong port

“Chittagong Port is storing dangerous goods (DG) that are up to 28 years old, according to port sour...

Reports of Colombo Port’s demise are greatly exaggerated, say shippers

“Shipping stakeholders in Sri Lanka have hit back at claims carriers are avoiding the port of Colombo over the country’s political and economic crisis.” See the original story at The Loadstar. Source: The Loadstar (JK)

Alibaba’s Transfar Shipping cuts reliance on charters with vessel acquisitions

“In an effort to improve the company’s performance and reduce its reliance on chartered ships, Aliba...

CMA CGM confirms orders for six 8,000 TEU ships at Hyundai Samho

“CMA CGM has finalised orders for six 8,000 TEU ships at Hyundai Samho Heavy Industries. Hyundai Sam...

Swire Shipping appoints new managing director

“Singapore-based Swire Shipping has appointed Jeremy Sutton as its new managing director. Sutton, wh...

Capital Product Partners snaps up four ships in $597m deal

“Capital Product Partners (CPLP) has exercised options to purchase three containerships and one liqu...

Hapag-Lloyd agrees to increased $2 million penalty in detention case

“The Federal Maritime Commission (FMC) and Hapag-Lloyd on Wednesday agreed to a settlement in which...

Importers ask White House to engage PMA, ILWU on West Coast contract talks

“US importer groups are urging the Biden administration to directly engage in US West Coast longshor...

Supreme Court turns away Brooklyn marine terminal’s fee case

“The US Supreme Court has rejected a New York marine terminal’s bid to collect $13 million in demurr...

Near-record US imports to continue through October: retailers

“US retailers on Wednesday projected near-record import volumes for this summer and into fall, warni...

Port of Baltimore receives $15.6 million grant to improve rail infrastructure

“Maryland’s Port of Baltimore will receive a $15.6 million grant to support its Rail Capacity Modernization Project.” See the original story at Port Technology. Source: Port Technology (JK)

Valenciaport to build two electrical substations to support zero emissions goal

“The Port Authority of Valencia (PAV) has detailed further investments it intends to make as it works towards it 2030 zero-emissions target.” See the original story at Port Technology. Source: Port Technology (JK)

New Direct Port of Call on Trade Asia to NWC- Lion and Shogun Services

The following release was published by Mediterranean Shipping News (MSC):

MSC will be extending i...

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