News

Container Dwell Fee likely to be implemented soon, says Maersk

“The likelihood of the “Container Dwell Fee” being implemented has risen significantly this month, according to A.P. Moller – Maersk (Maersk).” See the original story at Port Technology. Source: Port Technology (JK)

Suez Canal Authority expects 27% spike in annual revenues

“Egypt expects Suez Canal revenues to hit $7bn in the 2021-22 financial year, ending on June 30, up...

Carriers’ golden summer may be turning into autumn as profits plateau

“There was another new record for ocean carrier earnings in Q1, but with operating costs spiralling and spot rates starting to head south, liner profitability may have plateaued.” See the original story at The Loadstar. Source: The Loadstar (JK)

Lianyungang facilitates shipments to Russian Far East

“Lianyungang New Oriental International Terminals Co., Ltd, part of Cosco Shipping Ports, is working...

President and CEO of Milaha steps down

“Qatar Navigation Company (Milaha) announced the resignation of the company’s president and CEO.” See the original story at Container News. Source: Container News (JK)

The most efficient container ports in the world are located in the Middle East

“Four Middle Eastern ports are among the top five ports in the second edition of the global Containe...

West Coast longshore contract talks suspended until June 1

“Coastwide contract talks between the International Longshore and Warehouse Union (ILWU) and West Co...

German shipbuilders warn of risks of being too reliant on China

“The German Shipbuilding and Ocean Industries Association (VSM) has issued a very strongly worded re...

KSOE wins 110.5 bln-won order for 2 feeder container ships

“Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Monday it has clinched a 110.5 billion-won (US$87 million) order to build two feeder container carriers.” See the original story at Yonhap News Agency. Source: Yonhap News Agency (JK)

West Coast Ports’ Seek to Avert Cargo Chaos During Labor Talks

“As the US’s largest ports in California moved record amounts of cargo amid pandemic-induced supply-...

Awake.AI and Intel introduce high tech port monitoring solution

“More and more ports around the world are turning to the Internet of Things (IoT), advanced analytics and machine learning to enhance their operational performance.” See the original story at Container News. Source: Container News (JK)

Greek-controlled shipping tonnage hits all-time high

“The strength of the Greek-controlled fleet is at an all-time high, reflecting Greek shipowners’ activity in the newbuilding and sale and purchase markets.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

Ashdod Port adds new STS cranes

“Ashdod Port has taken delivery of five semi-automatic Ship-to-shore (STS) cranes to reduce congesti...

Maersk turns the tables on COSCO’s container liftings

“Maersk has leapt above COSCO on container liftings in the final quarter of 2021 as numbers return to pre-COVID levels.” See the original story at Port Technology. Source: Port Technology (JK)

Covid slows China port volume growth, as Tianjin enters new lockdown

“Container volumes at China’s ports increased slightly during January-April, despite the impact from widespread Covid restrictions, including another lockdown in Tianjin.” See the original story at The Loadstar. Source: The Loadstar (JK)

As Shanghai reopens, intermodal operators will be in ‘unchartered waters’

“As Shanghai prepares to fully reopen next week, the attention of supply chain stakeholders turns to...

ASL boosts owned fleet with four box ships in CSSC deal

“Intra-Asia carrier Asean Seas Line (ASL) is continuing to grow its owned fleet with the company eme...

New container hub in Aktau eyes investments from MSC, Maersk and PSA

“Kazakhstan’s Aktau port, a strategic part of China’s Belt and Road initiative, will establish a con...

Feeder containers market to top US$13.8 billion by 2032

“The global feeder containers market is slated to total a valuation of US$7.8 billion in 2022, accor...

Euroseas profit nears US$30 million in 2022 Q1

“The Greek ship owner Euroseas has announced its financial results for the first quarter of 2022 which ended on 31 March.” See the original story at Container News. Source: Container News (JK)

Jacksonville looks to raise power lines that limit ship sizes

“After dredging its main channel to handle larger ships, the Port of Jacksonville now needs to raise...

MSC, Hapag-Lloyd to skip some US, Canada port calls in June

“Ocean carriers are skipping some calls to Canada and the US East Coast and shifting arrival dates in June as North American port congestion and delays force liners to rework schedules.” See the original story at JOC. Source: JOC (JK)

Melbourne container volumes slump in April

“The Port of Melbourne saw a 5 per cent drop in its container volumes in April 2022 – only handling 255,193 TEU.” See the original story at Port Technology. Source: Port Technology (JK)

Labour deal to miss deadline, says West Coast port chief

“Port of Long Beach Executive Director, Mario Cordero, does not anticipate talks over new labour contracts to reach a solution before 1 July deadline.” See the original story at Port Technology. Source: Port Technology (JK)

Gangavaram Port to build first container terminal

“The Port of Gangavaram will set up its first container terminal to accelerate the growth of cargo b...

China relaxes seafarer repatriation overseas quarantine

“China is loosening quarantine restrictions overseas for Chinese national crews returning home at the end of their contracts.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

Shippers cry ‘foul’, but regulators see no evidence of carrier rate-fixing

“Complaints from forwarders about the actions of ocean carriers on pricing and demurrage and detenti...

Indonesia, Singapore to jointly build a container port in Central Java

“Singapore and Indonesia are advancing talks to build a 400,000 TEU port in Central Java province in Indonesia to serve an industrial park.” See the original story at Container News. Source: Container News (JK)

Booking cancellation charges hit Indian shippers as rate levels stabilise

“Container lines covering Indian trades have begun to penalise customers, and more severely spot customers, for failing to fulfill their bookings as committed.” See the original story at Container News. Source: Container News (JK)

SM Line’s failed attempt to charter HMM vessels highlights tonnage tightness

“SM Line is now seeking ways to procure more ships to operate its Transpacific services, after the S...

Australia’s major beef exporter selects Maersk ECO Delivery

“OBE Organic, Australia’s oldest organic beef exporting company, aims to reduce its carbon footprint...

An update for our South America East Coast (SEC) service

The following release was published by Hapag-Lloyd:

If you are shipping with our South America Ea...

SCFI snaps losing streak

“The Shanghai Containerized Freight Index (SCFI) – a key spot metric for box shipping – snapped its...

Get ready to sail with our Maputo Express (MAX) service

The following release was published by Hapag-Lloyd:

Expand your cargo-connection opportunities wi...

BPA calls on Government to support freeports

“The British Ports Association (BPA) has launched a new agenda for ports, setting out its vision of an expanded freeports policy.” See the original story at Port Technology. Source: Port Technology (JK)

Port of Salalah brings green cranes into operation

“The Port of Salalah, Oman has brought 16 new eco-efficient rubber-tyred gantry cranes (RTG) from ZPMC into operation and three new mobile harbour cranes from Liebherr.” See the original story at Port Technology. Source: Port Technology (JK)

Port of Oakland volume slumps as Shanghai struggles

“Port of Oakland cargo volume is down so far in 2022, with the port citing China’s COVID-19 crackdow...

Jurong Port Singapore explores cargo drone delivery

“The Port of Jurong in Singapore will investigate the feasibility of ship-to-shore cargo drone deliveries in cooperation with UK-based start-up Skyports Ltd.” See the original story at Port Technology. Source: Port Technology (JK)

Peak season could be Shanghaied by a 260,000-container surge

“An estimated 260,000 teu of Shanghai’s unshipped cargo is set to swamp the market this summer, making the peak season “even more chaotic” than last year.” See the original story at The Loadstar. Source: The Loadstar (JK)

Danaos expands fleet as profits boom

“Danaos Corporation (Danaos) has reported exceptional unaudited results for the first quarter of the year, with a net income of $331.5 million.” See the original story at Port Technology. Source: Port Technology (JK)

Demand drives early opening of more berths at Busan’s Pier 6 terminal

“Busan Container Terminal (BCT), the operator of Pier 6, on the south side of Busan New Port, has brought forward the opening of two more berths.” See the original story at The Loadstar. Source: The Loadstar (JK)

Port of Los Angeles records second-best April

“The Port of Los Angeles managed 887,357 TEU in April 2022, achieving the second-best April in its 115 years of history.” See the original story at Container News. Source: Container News (JK)

MSC’s historic S&P splurge nears 200th ship

“In August 2020 Mediterranean Shipping Co (MSC) embarked on an epic fleet build-up plan that is expe...

First direct container ship with goods leaves Chattogram for Liverpool

“A ship left Chattogram port on Friday for Liverpool, a maritime city in northwest England, with 182...

KPA Completes Phase-II Of The 2nd Container Terminal

“Phase-Two of the Sh32 billion second container terminal at the port of Mombasa is complete and set for commissioning next month.” See the original story at Kenya News Agency. Source: Kenya News Agency (JK)

Evergreen’s Second 24,000-plus TEU Boxship Floated Out

“The second in a new class of ultra-large containerships was floated out from the drydock yesterday at CSSC’s Hudong-Zhonghua shipyard.” See the original story at Maritime Executive. Source: Maritime Executive (JK)

ZIM enjoys soaring profits with improved expectations for 2022

“Israeli carrier ZIM Integrated Shipping Services Ltd. (ZIM) has generated its highest ever quarterly net income – as it confidently predicts a positive outlook for 2022.” See the original story at Port Technology. Source: Port Technology (JK)

UN grants $10 million to support Beirut reconstruction

“The United Nations (UN) has agreed to a $10 million grant to help Lebanon mitigate the impacts of the Beirut port and support reconstruction.” See the original story at Port Technology. Source: Port Technology (JK)

APMT Pipavav profits slump in 2021

“Indian APM Terminals Pipavav (APMT Pipavav) has reported financial results for the last quarter and...

Port of Antwerp-Bruges prepares first hydrogen-powered tugboat

“The Port of Antwerp-Bruges and CMB.TECH will soon welcome the first hydrogen-powered tugboat furthering the port’s transition towards sustainability.” See the original story at Port Technology. Source: Port Technology (JK)

Page 7 of 259