Container Shipping News

 

Port of Los Angeles Focused on People, Planet and Performance

Jan 26, 2025

Port of Los Angeles Executive Director Gene Seroka outlined the Port’s agenda for the coming year to a record 640 attendees at the 10th annual State of the Port event.After acknowledging ongoing wildfire recovery and relief efforts currently underway across Los Angeles, Seroka pointed out an array of environmental, community and business successes, including finishing 2024 by processing more than 10…

New Rules for Containerized Cargo Start March 1

Feb 10, 2025

Starting March 1, 2025, ocean common carriers of containerized cargo are expected to file documented export strategies with the US Federal Maritime Commission (FMC) on an annual basis.The increased obligation is one of several notable developments…

Ports: DP World MICT Hits Record Volume in '24

Feb 10, 2025

DP World achieved a milestone at its Mundra International Container Terminal (MICT) with the highest-ever throughput of 1.42 million TEUs in 2024, an 11% surge in throughput compared to '23. Continuing its momentum in January, DP World Mundra achieved a record monthly throughput of 138…

DP World Marks Record 8.3% Growth in Container Handling for 2024

Feb 07, 2025

DP World’s ports and terminals handled a record 88.3 million twenty-foot equivalent units (TEUs) in 2024, up 8.3% year-on-year, despite macroeconomic headwinds and concerns over the outlook for global trade.The global logistics business, which…

CMA CGM to Operate Syrian Container Terminal

Feb 05, 2025

Syria's General Authority for Land and Sea Ports said on Wednesday that it had agreed to a new contract with French shipping and logistics group CMA CGM to operate the container terminal at the Latakia port.The Syrian port authority said in…

Port Everglades Boosts Throughput

Feb 05, 2025

Cargo tonnage and container throughput are up at Florida’s Port Everglades with a double-digit growth during the first quarter of fiscal year 2025 (Oct. 1 to Dec. 31, 2024).The port's total container throughput in TEUs is up by 12% to 285,335 TEUs compared to 255…

East Coast’s Busiest Seaport Charts Growth Following Turbulent 2024

Feb 04, 2025

Giving the annual State of the Port address, Bethann Rooney, the port director of the Port Authority of New York and New Jersey, recalled 2024 saying: “Just as you think there’s nothing else that can go wrong and you’ve experienced it all, we…

ONE and LX Pantos Announce JV

Feb 03, 2025

Ocean Network Express (ONE) and LX Pantos have established a joint venture, Boxlinks LLC.The partnership will provide end-to-end domestic intermodal transportation services, utilizing both companies’ partnerships with major rail carriers and…

VICT Orders Hybrid Container Carriers

Feb 02, 2025

Victoria International Container Terminal (VICT), ICTSI's operation at the Port of Melbourne, has purchased four new hybrid automatic container carriers (ACCs) from Kalmar.The new carriers, scheduled for delivery in 2025, will each feature a…

Maersk to launch its new ocean network

Jan 31, 2025

On February 1, Maersk A/S (Maersk), an entity under A.P. Moller - Maersk, and Hapag-Lloyd AG (Hapag-Lloyd) launch their operational collaboration Gemini Cooperation. The ambition is to deliver a flexible and interconnected ocean network with…

Xeneta: Ocean Box Rates to Fall Again in February

Jan 31, 2025

Middle East ceasefire and Lunar New Year will see ocean container freight rates fall further in February - with carriers now taking action to slow the market decline.Latest data from Xeneta – an ocean and air freight intelligence platform –…

Port of Oakland records 2.26 million TEUs in 2024

Jan 31, 2025

The Port of Oakland experienced a solid 2024, processing 2.26 million TEUs (twenty-foot containers), representing a 9.5% increase over 2023.The 2024 cargo data reflects a long-term growth trend in consumer spending in the San Francisco Bay Area and in the rest of the country…

Action Taken on Risks After Container Ship Breakaways

Jan 29, 2025

Two separate breakaways of container ships berthed at the Port of Brisbane, Australia, after heavy rains highlight the importance of robust emergency and risk management arrangements, according to an Australian Transport Safety Bureau investigation…

Nigerian Terminal Purchases New Mobile Cranes

Jan 22, 2025

Onne Multipurpose Terminal (OMT), International Container Terminal Services, Inc.’s (ICTSI) operation in Nigeria, has purchased and put into operation two new mobile harbor cranes and a container freight station. These investments underscore…

Box Sector bullish after stellar 2024, but risks abound in 2025

Jan 21, 2025

The time charter (TC) rates for Post Panamax container vessels rose by 111% year-on-year (y-o-y) in 2024, hitting 73,330 USD/Day, and has led to a huge uptick in newbuild orders and a slowdown in demolitions according to Veson Nautical’s ‘2024 End- Of-Year-Report’…

Logistics News

USCG Safety Alert: Understand the Explosion Hazards of Shipping Coal

USCG Safety Alert: Understand the Explosion Hazards of Shipping Coal

McKenney Tapped to Lead Port of Oakland

McKenney Tapped to Lead Port of Oakland

NorthStandard Aims to Simplify FuelEU Compliance

NorthStandard Aims to Simplify FuelEU Compliance

India-Germany Logistics Partnerships Poised for Growth, Says VDMA Chief

India-Germany Logistics Partnerships Poised for Growth, Says VDMA Chief

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Sources say that freight rates for shipping Russian Urals to India are rising in February.
Yemen's Houthis have said they will strike if the US and Israel attempt to move Gazans
Enbridge reports higher fourth-quarter adjusted profit