News

Yantian port sees 9.6% container growth during Jan-Jul

"Container volume at South China’s Yantian port was 8.259m teu for the first seven months of this ye...

Rhine closes to barge traffic, with water depth set to hit record lows

"Low water levels resulting from a lengthy heatwave across Europe have forced the closure of the Rhi...

Australia foreign trade holding up – but domestic logistics a challenge

"Australia’s trade with South-east Asia is “holding strong” amid China’s softening economic outlook,...

Zim invests in tracking system for its container fleet as it seeks a USP

"Ahead of its interim results on Wednesday, Zim today announced a $5.5m investment in a dry containe...

Aqaba Container Terminal launches 20-year decarbonisation plan

"Aqaba Container Terminal (ACT), the gateway to the Levant region, has announced its decarbonisation...

Forto and Hapag-Lloyd collaborate to deliver biofuel alternatives

"Through a new partnership with Hapag-Lloyd, technology company Forto has launched a biofuel program...

APM Terminals signs up for $500m Port Said expansion

"APM Terminals will pump up to $500m to develop a 1 km long berth at East Port Said in Egypt. The ch...

China trade surplus under threat as peak season collapses and demand cools

"China enjoyed a record $101bn trade surplus in July, but cargo volumes could soon decline, due to “...

GSBN’s Cargo Release rolls out to Latin America

"Global Shipping Business Network (GSBN) has announced that it has reached a new milestone with the...

Yang Ming profits $4 billion in H1

"Yang Ming Marine Transport Corporation (Yang Ming) has posted its financial report for the first ha...

Mega-vessel impact as Felixstowe strike could rock UK supply chains

"Ultra Large Container Vessel (ULCV) services could be impacted by upcoming strike action at the UK’...

ICTSI runs first Rijeka–Czech Republic direct cargo rail service

"International Container Terminal Services Inc. (ICTSI) has announced a new Maersk regular train con...

Panama Ship Registry grows by 9.6% in three years

"The Panama Ship Registry grew 9.6% in tonnage terms since the current administration took over in J...

Cainiao taps into growing China-Israel trade with Middle East distribution centre

"Alibaba’s logistics arm, Cainiao, has opened a warehouse and distribution centre in Israel, the com...

Newly opened Kijing container terminal set to boost Indonesia’s commodity exports

"After four years of construction, Kijing International Port, the largest container terminal on Indo...

Port of Seattle cuts carbon emissions by 46%

"The Port of Seattle in the United States has published its annual greenhouse gas emissions inventor...

Port of Baltimore addresses congestion with infrastructure improvement projects

"The US has experienced a shift in the past several months, as container vessels sought to avoid sev...

FMC to determine if supply chain congestion warrants issuance of emergency order requiring information sharing

"The US Federal Maritime Commission (FMC) is seeking public comment on whether supply chain congesti...

APM Terminals shoots up the global port leaderboard

"APM Terminals has shot up from fourth to second place in the latest global terminals rankings creat...

X-Press Feeders signs deal for decarbonisation platform on 100+ vessels

"Technology company ZeroNorth has signed a new deal with X-Press Feeders to deploy the ZeroNorth pla...

HHLA lowers throughput expectations amid ongoing disruptions

"Hamburger Hafen und Logistik AG (HHLA) has recorded a positive performance in revenue and earnings...

London Medway reports increase in trade as congestion chokes UK ports

"London Medway has reported a substantial increase in trade on its unaccompanied freight service bet...

Zhoushan port to add 112.5 square kilometer port area

"China’s State Council has approved a plan from Zhoushan port to newly expand five port areas, total...

Chinese firms' development plans for ports will heat up East Africa competition

"Ningbo-Zhoushan Port Co and China Merchants Port Holdings (CMPH) are to invest around $2.22bn in th...

Another profitable quarter, but HMM sees 'considerable uncertainties' ahead

"South Korea’s national flagship carrier, HMM, reported a net profit of $2.24bn in the second quarte...

Demand pressure cuts into carriers’ rate push on Indian trades

"Container carriers serving Indian trades appear somewhat wary about their ability to realize full r...

Surge in shipbuilding raises potential oversupply concerns

'While some shipyards struggled to stay afloat during the initial outbreak of Covid-19, the post-pan...

Port of Long Beach records busiest July ever

"The Port of Long Beach (POLB) has achieved its busiest July on record in terms of TEU volumes, desp...

Truck drivers at Port of Baltimore protest long waits at container terminal

"A group of truck drivers, most of them owner-operators, spent the day yesterday protesting at the P...

Seaspan parent banks $224m from sale of nine vessels

"New York-listed Atlas Corporation has landed $224.3m from the divestment of nine containerships by...

New Hamburg line created to focus on 53 foot containers

"Hamburg has a new container shipping line designed specifically to shift 53 foot containers across...

LA-LB truckers add to push for FMC action on empty box returns

"Truckers serving the ports of Los Angeles and Long Beach say restrictions on returning empty contai...

ICTSI launches digital services suite with new app

"International Container Terminal Services, Inc. (ICTSI) has launched the new ICTSI App to give port...

GPA moves impressive half a million TEU in July

"The Georgia Ports Authority (GPA) has started the new fiscal year handling 530,800 TEU in July, as...

Brazil's Port of Itajaí launches berth operation tender

"The Superintendence of the Port of Itajaí, in the Brazilian state of Santa Catalina, launched a ten...

CMA CGM forms Nhava Sheva terminal concession JV

"CMA CGM Group subsidiary CMA Terminals (CMAT) and J M Baxi Group’s unit J M Baxi Ports & Logistics...

FMC 'compensation for shippers' plan will push carriers to return boxes

"Shippers in the US may soon be able to claim compensation for the storage of empty shipping contain...

Dock strike at Felixstowe 'inevitable', after last-ditch pay talks break down

"Talks at ACAS to avert a strike at the UK’s biggest container port, Felixstowe broke down last nigh...

Chittagong depots to raise charges by 42.5% amid diesel price hike

"As the fuel oil price in Bangladesh saw a record hike on 5 August, the inland container depots in C...

Australia looks at developing coastal trades

"The issue of coastal shipping Down Under is making headlines again. The matter had been brought up...

Shippers sign up for revolutionary hydrogen-powered box-carrying hydrofoil

"California-based Boundary Layer Technologies announced yesterday that key Fortune 500 companies wil...

Adani Ports net profit dips 16 per cent amid rise in volumes

"Adani Ports and Special Economic Zone Ltd (APSEZ) has registered a 16 per cent decline in consolida...

Japan funds Cambodia’s new container terminal with over $300-million loan

"The Government of Japan has agreed to provide a loan of $306 million to Cambodia for the expansion...

Lekki Port receives second ship with handling equipment

"Lekki Deep Sea Port, Nigeria’s first deep seaport, has received its second ship with seven cranes i...

Yangzijiang record ship deliveries boost H1 revenues

"Yangzijiang Shipbuilding posted RMB8.5bn ($1.26bn) revenue for shipbuilding, up 78% year-on-year, o...

New talks at ACAS a last-ditch bid to prevent disruptive strike at Felixstowe port

"Negotiators from the port of Felixstowe and the Unite union will meet at conciliation service ACAS...

Surcharges add to costs of barging freight as Europe's rivers run dry

"Heatwaves have sent prices “skyrocketing” for container moves along northern Europe’s inland waterw...

China's extended military drills and invasion threat dampens Taiwan trade

"China’s ‘war games’ in the Taiwan Strait will affect South Korea’s trade with Taiwan, says the Kore...

Wan Hai names ‘Smart Ship’ newbuild trio

"Taiwanese shipping company Wan Hai Lines hosted a naming ceremony for three 3,013 TEU containership...

Severe fuel price hike leads unofficial truck strike in Bangladesh

"A record hike in fuel oil prices in Bangladesh on Friday (5 August) night has led truckers to enfor...

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