News

Major Chinese ports container volume back to growth in late April

“Container volume at eight major Chinese ports increased 5.8% year-on-year in late April following t...

India seeks new bids for east coast transshipment terminal

“The V.O. Chidambaranar Port Authority (Tuticorin), a major government port on the Indian coast, has...

Survey results: Peak season container shipping “chaos” on the way

“Even more chaotic for global supply chains will be this year’s rise in cargo in the peak summer per...

US to ease sanctions, allow Venezuelan oil exports to Europe

“The Biden administration has been courting Venezuela since the Russian invasion of Ukraine, hoping...

Savannah prepping for summer volume surge despite softening outlook

“The Georgia Ports Authority (GPA) is preparing for a milder peak season this year due to softening...

Gates sells $940 million of CN Rail stock, trimming stake to 9%

“Bill Gates sold about $940 million of Canadian National Railway Co. shares, trimming one of the largest holdings of the investment firm that controls his $117 billion personal fortune.” See the original story at AJOT. Source: AJOT (JK)

Cyber attacks on Costa Rica prompt action from carriers

“Ransomware cyber attacks on Costa Rican institutions have activated emergency measures across the shipping industry, as imports and exports have been heavily affected.” See the original story at Port Technology. Source: Port Technology (JK)

War stunts container throughput in Russian ports

“Global sanctions on Russia have cumbered the nation’s container flow as major shipping lines have withdrawn from the country.” See the original story at Port Technology. Source: Port Technology (JK)

Port Houston posts busiest April on record

“Port Houston has posted its busiest April on record – handling a total of 334,493 TEU, a 21 per cent increase over the same period in 2021.” See the original story at Port Technology. Source: Port Technology (JK)

DP World breaks ground on new Serbia container terminal

“DP World has commenced construction of a new container terminal, vertical quay, and silo in the Port of Novi Sad to support the Serbian agricultural industry.” See the original story at Port Technology. Source: Port Technology (JK)

European Parliament brings EU ETS closer to shipping

“Members of the European Parliament (MEPs) voted to extend the scope of the EU Emissions Trading Scheme (ETS) to include maritime transport.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

Seaspan orders four LNG-fuelled boxships, closes $500M sustainability-linked private placement

“Hong Kong-based operator and owner of containerships Seaspan Corporation, part of Atlas Corp., has...

Evergreen enlarges 30 L-class ships, becomes world’s sixth largest box carrier

“All of Evergreen Marine Corporation’s 30 L-class ships are being upsized as the Taiwanese liner operator surpasses its pan-Japanese rival ONE in the capacity rankings.” See the original story at Container News. Source: Container News (JK)

Cosco to invest US$3 billion in new Peruvian port

“Cosco Shipping Ports (CSP) reportedly plans to invest around US$3 billion to build a container port...

CSSC Shipping books four feeder boxships at Wuchang Shipbuilding

“CSSC Shipping, the leasing arm of state-owned China State Shipbuilding Corporation, said its subsidiary has agreed with Wuchang Shipbuilding to build four 1,100 teu feeder containerships.” See the original story at Splash247. Source: Splash247 (JK)

MSC, Notarc to complete construction of terminal at Panama Colon Container Port

“In 2016, a consortium of Chinese companies led by Landbridge Group purchased the Panama Colon Container Port (PCCP) and committed to invest $900m in a new terminal.” See the original story at Splash247. Source: Splash247 (JK)

Hamburg port volumes tick up despite congestion, Russia–Ukraine war

“Container volumes flowing through Europe’s third-busiest port rose in the first quarter despite the...

Maersk launches new Middle Corridor rail-sea service

“A.P. Moller – Maersk (Maersk) has launched a new rail-sea service connecting Asia to Europe through Central Asia.” See the original story Port Technology. Source: Port Technology (JK)

Odour permeates Kaohsiung after container collapse

“A container containing hydrochloric acid collapsed at Kaohsiung Port’s Pier 79 at 3 am (local time)...

India to link 27 additional ports through rail network

“India has now planned to connect 27 more ports through rail connection for faster transportation of...

Port of Savannah achieves box volume records amid major expansion projects

“The Port of Savannah in Georgia, US has handled 4.75 million TEU in the ten months of the fiscal ye...

CMA CGM’s box depot in Indonesia handles 150,000 TEU in nine months

“A new container depot of CMA CGM group in Cakung, Indonesia has handled 150,000 TEU by May 2022 in just nine months of operation.” See the original story at Container News. Source: Container News (JK)

Allseas expands congestion-busting China-Liverpool express service

“Allseas Global Logistics has added a sixth vessel to its China Xpress service out of Ningbo to Live...

Beijing eyes more capacity and smarter reefers for growing cool chain

“China’s Ministry of Transport (MOT) wants the country’s ports to ramp up their reefer handling capacity to meet growing demand for the import of refrigerated foods.” See the original story at The Loadstar. Source: The Loadstar (JK)

Container ship catches fire in East China sea

“The Hua Hang 1 containership has caught on fire in the East China sea while travelling to Taiwan.” See the original story at Port Technology. Source: Port Technology (JK)

Arrested palm oil cargo was booked before export ban, says RCL

“Regional Container Lines (RCL) says the containers carrying palm oil on its ship Mathu Bhum were booked prior to Indonesia suspending palm oil exports in April.” See the original story at The Loadstar. Source: The Loadstar (JK)

Konecranes upgrades DP World Antwerp automated stacking cranes

“DP World Antwerp has ordered new drive units for four of its Konecranes Gottwald automated stacking...

Bijagos Shuttle, the unique product for Bissau cashews

The following release was published by CMA CGM:

As every year, CMA CGM is here to respond to the...

Shanghai port shows recovery signs after latest pandemic lockdown

“The port of Shanghai handled more than 3.08 million TEU in April, which represents 82.4% of the box volumes recorded in April 2021.” See the original story at Container News. Source: Container News (JK)

Beibu Gulf Port opens new dry port in China

“Beibu Gulf Port Group unveiled its new Huaihua Container Yard in China on 11 May, marking a signifi...

Euroseas in for two more eco feeder boxships at Hyundai Mipo

“Greek boxship owner Euroseas has exercised its option at South Korea’s Hyundai Mipo Dockyard for the construction of two additional 2,800 teu eco-design containerships. ” See the original story at Splash247. Source: Splash247 (JK)

Canadian West Coast ports have no buffer for US cargo diversions

“The ports of Vancouver and Prince Rupert, already at capacity with Asian imports destined for US an...

Montreal relaunches search process for Contrecoeur terminal operator

“The Montreal Port Authority (MPA) is one step closer to choosing the group that will build and operate a new container terminal at Canada’s second-largest port.” See the original story at JOC. Source: JOC (JK)

Sharp drop in HMM’s Asia-US volume offset by rising rates

“HMM on Friday reported a 19 percent decline in Asia-North America volume in the first quarter as co...

Europe–Asia reefers battling for space with returning empties

“Shippers on the main refrigerated (reefer) corridor from Europe to Asia are struggling to find equi...

Container shipping rates: Still sky high but falling back to Earth

“It’s still very expensive to ship containers full of goods across the oceans. Spot rates globally a...

European buyers back AP Møller-Maersk to run Patenga Container Terminal

“Buyers from Europe, the largest export destination for Bangladesh’s readymade garments, have favour...

Port of Virginia April volumes up 13 per cent

“More than 323,244 TEU passed through the Port of Virginia in April 2022, a 12.9 per cent increase compared to the same period in 2021.” See the original story at Port Technology. Source: Port Technology (JK)

Port of Koper expands fleet with more electric Konecranes RTGs

“Luka Koper d.d. has ordered three electric Konecranes Rubber-Tyred Gantry (RTG) cranes featuring an auto plug-in system.” See the original story at Port Technology. Source: Port Technology (JK)

AD Ports sees fall in cargo volumes

“AD Ports Group has witnessed a growth of 15 per cent year-on-year to AED 1,047 million ($285 million) in Q1 2022 – while general cargo volumes dropped.” See the original story at Port Technology. Source: Port Technology (JK)

Dredging of Escravos channel to revive Nigerian ports

“The Nigerian Ports Authority (NPA) has started dredging of the Escravos channel to host bigger vessels.” See the original story at Port Technology. Source: Port Technology (JK)

Shanghai-bound reefer bookings resume as lockdown set to end 20 May

“As Shanghai prepares to lift its lockdown by 20 May, liner operators have said that they will resume reefer bookings into the world’s busiest container port.” See the original story at Container News. Source: Container News (JK)

MSC “bets” on Green Maré Services platform

“Mediterranean Shipping Company (MSC) is expected to be benefitted from the Ship Review platform developed by Green Maré Services (GMS) and German’s Scope Group.” See the original story at Container News. Source: Container News (JK)

Admiral’s TMM service completes first calls at APM Terminals Castellón and Isreal

“Two Israeli ports and APM Terminals Castellón have been added to the TMM service of Admiral Container Lines, which now connects Turkey, Spain, Israel, Egypt, and Morocco.” See the original story at Container News. Source: Container News (JK)

CMA CGM offers cash incentive for returning containers early

“CMA CGM is to launch a ‘cash for early container return’ scheme in an effort to aid the movement of goods through US supply chains, claiming it as a first.” See the original story at The Loadstar. Source: The Loadstar (JK)

Korean feeder lines wallow in profits as KMTC records 91% revenue boost

“Korea Marine Transport Co (KMTC Line) remains the top-earning South Korean feeder operator, recording a 91% year-on-year boost in revenue.” See the original story at The Loadstar. Source: The Loadstar (JK)

Yang Ming profits from higher freight rates

“Yang Ming Marine Transport Corporation (Yang Ming) has reported strong financial results for the first quarter of 2022, posting revenues of NTD 106.7 billion ($3.5 billion).” See the original story at Port Technology. Source: Port Technology (JK)

U.S. Department of Defense finds new AI solution to secure ports

“The U.S. Department of Defense (DoD) will deploy OStream’s Percept – a software and data transport system – to optimise and manage Vision AI security at its ports.” See the original story at Port Technology. Source: Port Technology (JK)

Hapag-Lloyd anticipates another strong second quarter in financial outlook

“Hapag-Lloyd has concluded the first quarter of 2022 with an EBITDA of $5.3 billion – and the outlook for the rest of the year looks promising despite current disruptions.” See the original story at Port Technology. Source: Port Technology (JK)

Port of Mobile enjoys continued growth in container volumes

“The Alabama State Port Authority (ASPA) has released its April 2022 results for container volumes through the Port of Mobile – posting a 39.7 percent increase year-on-year.” See the original story at Port Technology. Source: Port Technology (JK)

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