Global supply chains are braced for further disruption and increasing costs after US President Joe Biden announced new tariffs on Chinese imports on Tuesday.The tariffs will be imposed on a wide range of Chinese imports including semi-conductors…
International Container Terminal Services Inc. (ICTSI) is building a new international container terminal in Bauan, Batangas, Philippines. The new terminal will be the largest privately funded marine terminal investment in the country’s history…
Ocean freight container carriers are treading a fine line between risk and reward during new contract negotiations as the market remains gripped by uncertainty in the Red Sea, according to new data on the Xeneta Shipping Index (XSI®).The latest…
Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company A.P. Moller-Maersk, the presidency said in a statement on Sunday.The investment was secured during a meeting between President Bola Tinubu and Moller…
International Container Terminal Services, Inc. (ICTSI) has significantly upgraded its ability to handle foreign ultra-container vessels with the recent arrival of three new quay cranes at its flagship Manila International Container Terminal (MICT)…
From January to March, Port Houston handled 1,069,917 TEUs year-to-date, an increase of 15% compared to the same period last year.In March, container volumes totaled 360,991 TEUs, an increase of 20% compared to March 2023 and Port Houston’s biggest March ever…
Ocean Network Express (ONE) has launched a reduced emissions shipping service ONE LEAF+ which offers customers the opportunity to proactively manage their own emissions and minimize environmental impact across the value chain.ONE LEAF+ offers…
“Due to the COVID-19 pandemic, the global container market grew only 1.5% from 171.0 million TEU in 2019 to 173.5 million TEU in 2023. Without the pandemic, that figure would have been 24.6 million higher, landing at 198.1 million in 2023,” says Niels Rasmussen…
Every year, 250 million containers are transported across the world with food, clothes, electronics and other goods. While crucial for the smooth functioning of the global supply chain, containers and their cargoes can also harbour and transfer contaminating pests…
The collapse of the Francis Scott Key Bridge in Baltimore has caused supply chain disruption on the US East Coast but, so far, it has not seen an increase in ocean freight container shipping rates.Data released Monday by Xeneta reveals average…
Van Oord’s cutter suction dredger Biesbosch and trailing suction hopper dredger Vox Apolonia are teaming up to dredge the Prinses Amaliahaven located on Maasvlakte in Rotterdam, the Netherlands.A consortium of Van Oord, HOCHTIEF and Ballast Nedam has constructed 2…
SSA Terminals (SSAT/ST), a joint venture between SSA Terminals and Terminal Investment (TiL), and The Northwest Seaport Alliance (NWSA) have announced the opening of Phase 2 of the Terminal 5 Modernization Program.The expansion project has culminated…
Ocean Network Express (ONE) has announced its Transpacific service starting from February 2025 which will deploy 16 core weekly services.“The emphasis will be on quality end-to-end direct services with high schedule reliability. The core products…
Ten organizations have joined forces to combat illegal wildlife trafficking through increasing awareness and vigilance across global supply chains.Together, they have produced practical guidelines for all supply chain participants, with advice on measures to take…