Since 2006, the average container ship has doubled in size to 4,580 TEU and ships with a capacity of more than 12,000 TEU has accounted for 51% of the fleet’s capacity expansion. Today, just 626 ships provide 36% of the fleet’s capacity, and…
Despite mandatory international and national regulations on the transport of dangerous goods, these goods continue to be mis-declared or not declared, driving an alarming increase in ship fires. Addressing the need for improved safety measures…
DP World operated International Container Transshipment Terminal (ICTT) at Cochin handled a record volume of 75,141 TEUs in February 2024, registering a 38% volume growth over February 2023.The substantial growth of cargo handled by ICTT is…
Victoria International Container Terminal (VICT), ICTSI’s operations at the Port of Melbourne in Australia, recently completed Phase 3A of its expansion project.VICT can now accommodate neo-Panamax container ships, the largest container vessels calling Australia…
Brazil’s Porto Chibatão has taken delivery of four cranes from Liebherr which are now part of a fleet of 16 barge-slewing cranes in operation at the port.The port spans one million square metres. Its static load capacity stands at 40,000 TEUs…
African Heads of State have agreed a landmark moratorium on the donkey skin trade. The agreement was reached on February 18 during the 37th African Union Summit in Ethiopia.Over the last decade, Africa has seen its donkey population decimated due to Chinese demand for ejiao…
Ocean Network Express (ONE) has launched a new route connecting Asia and the US West Coast: Asia Pacific 1 (AP1) as a result of sustained growth of US import volumes from Asia to the US.The AP1 service introduces direct routes from Taipei and Shekou to the U…
Spanish police seized eight tonnes of cocaine from Suriname hidden in a container disguised as a power generator in the southern port of Algeciras, tax authorities said on Monday.The haul of cocaine, one of the largest ever intercepted in Spain…
A.P. Moller-Maersk will consider whether to buy Germany's DB Schenker, the logistics arm of Deutsche Bahn which was put for sale last year, its CEO said on Thursday.'It will have consequences whether we do the deal or don't do the deal because it changes the landscape in logistics…
In 2023, the container market grew 0.2% year-on-year, ending at 173.8 million TEU. Compared to 2019, before the COVID pandemic hit, the market grew 1.5%.“Container market growth has lagged behind overall economic development significantly, as the world economy has grown 10% since 2019…
The Panama Canal sees no need for further vessel transit restrictions until at least April, when its authority will evaluate water levels at the end of the dry season, Deputy Administrator Ilya Espino told Reuters.A severe drought last year…
Shipping company A.P. Moller-Maersk A/S is experiencing computer network issues that are disrupting operations in some locations in the Americas, Bloomberg News reported on Wednesday.Maersk said there was 'no indication' of malicious or cyber activity…
The Korean Ministry of Oceans and Fisheries and Ulsan Port Authority have announced a world first with the completion of a ship-to-ship (STS) bunkering of green methanol to the 16,000 TEU container ship Ane Maersk at Ulsan Port, South Korea…
Ocean Network Express (ONE) has launched the world’s first dual-temperature refrigerated container equipped with controlled atmosphere functionality in collaboration with Pan Pacific International Holdings (PPIH) and NAX Japan.It is the world's…
Hapag-Lloyd and Maersk signed an agreement for a new long-term operational collaboration called Gemini Cooperation, aiming to start in February 2025.Simultaneous with the announcement, Hapag-Lloyd informed its partners in THE Alliance that it would end its participation in January 2025…