Container Shipping News


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’…

Ningbo-Zhoushan Port Tops Global Throughput, Again

Jan 20, 2025

China’s Ningbo-Zhoushan Port saw its cargo throughput exceed 1.37 billion tons in 2024, ranking it top globally for the 16th consecutive year.In 2023, Ningbo-Zhoushan Port processed a cargo throughput of 1.32 billion metric tons, marking a year-on-year increase of 4…

Maersk, Hapag-Lloyd: No immediate return to Red Sea

Jan 16, 2025

Two of the world's top shipping companies, Maersk and Hapag-Lloyd, said on Thursday they did not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced.Both companies said they would be closely monitoring…

US Importers Rush to Beat Trump Tariffs

Jan 15, 2025

U.S. imports from China finished the year strong after some companies stockpiled shipments of apparel, toys, furniture and electronics ahead of President-elect Donald Trump's plan to impose new tariffs that could revive a trade war between the world's economic superpowers…

Singapore Achieved Record Growth in 2024

Jan 15, 2025

Singapore’s annual vessel arrival tonnage, total tonnage of ships under the Singapore flag, container throughput, total bunker sales and sales of alternative bunker fuels, reached new highs in 2024. Cargo throughput handled at the port of Singapore also increased in 2024…

NRF: Import Cargo to Remain Elevated in January

Jan 10, 2025

A potential strike at East Coast and Gulf Coast ports has been avoided with the announcement of a tentative labor agreement, but the nation’s major container ports have already seen a surge in imports that is expected to continue because of potential increases in tariffs…

US Container Imports Strong, For Now

Jan 09, 2025

Descartes Systems Group has released its January Global Shipping Report, highlighting the continuing a trend of higher year-on-year container volumes throughout 2024.December 2024 U.S. container import volumes closed at 2,367,271 TEU, just shy of the 2…

Port of Oakland kicks off 2025 paid Internships

Jan 09, 2025

The Port of Oakland is excited to announce the kick-off of its 2025 paid Summer College Internship Program.Qualified applicants can competitively apply for summer internships in a variety of professional fields at the Port including Aviation…

Box Shipping Rates may fall as US Port Strikes Averted

Jan 09, 2025

Strikes at ports on the US East Coast and Gulf Coast, which would have caused an economic and supply chain crisis, have been called off – with ocean container freight rate growth now expected to slow or fall.The strikes were set to begin on…

US Port Strike Averted

Jan 08, 2025

The union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers on Wednesday said they reached a tentative deal on a new six-year contract, averting further strikes that could have snarled supply chains and taken a toll on the U…

Green Leasing Solution Launched for Refrigerated Transport

Jan 01, 2025

Intermodal equipment leasing company SeaCube has partnered with Greensee to launch green and net-zero reefer leases based on Greensee's AI-driven CO2 emissions reporting technology.Refrigerated containers account for about 10% of a ship's container…

Maersk Asks Customers to Act Before Potential US Strike

Jan 01, 2025

Shipping giant AP Moller-Maersk has urged customers to pick up their laden containers and return the empty ones at the U.S. East and Gulf Coast ports before Jan. 15 to mitigate potential disruptions at the terminals on account of a strike.'The conditional agreement on wages is set to expire on Jan…

Trump names Panama Envoy, Talks Tough on Panama Canal

Dec 26, 2024

U.S. President-elect Donald Trump has picked Miami-Dade County Commissioner Kevin Marino Cabrera to serve as ambassador to Panama after having threatened for the U.S. to reassert control over the Panama Canal it handed over 25 years ago.Trump…

Port of Oakland Box Volume Finishing 2024 Strong

Dec 26, 2024

The Port of Oakland’s container business continues to grow. Total cargo volume shot up 10% year-to-date, January through November 2024, compared to the same period in 2023.“We are optimistic that strong container volume will continue through the end of the year…

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