Container Shipping News


Port of Oakland Leads in Ag Reefer Exports

Nov 19, 2024

Port ranks number one for refrigerated exports, supports $8.5 billion in ag exports.The Port of Oakland continues to be one of the most important gateways for U.S. agricultural products. The Port exported 235,899 TEUs (twenty-foot containers) of agricultural commodities as of October 2024…

Port Everglades Celebrates Banner Year

Nov 18, 2024

Preliminary fiscal year-end figures show Port Everglades enjoying healthy increases in cruise, cargo and petroleum volumes resulting in record revenues.'Port Everglades is one of Broward County's vital economic engines, which supports more than 11…

SC Ports: Box Volume Steady, Rail Expands

Nov 18, 2024

With highly productive port service and expanding rail capabilities, South Carolina Ports looks to speed goods to market and support growth in the Southeast.SC Ports has three big-ship capable terminals and a total of 10 million TEUs on the horizon…

Winners of CMA CGM Startup Awards Announced

Nov 17, 2024

The CMA CGM Group has announced the winners of its first CMA CGM Startup Awards.The international competition, organized in partnership with BFM Business, La Tribune and ZEBOX, attracted over 400 entries from innovative startups. 60 finalists…

US Unions and Employers Deadlocked Over Automation

Nov 13, 2024

The union representing 45,000 East Coast and Gulf Coast dockworkers and a group representing employers held a new round of contract talks this week but failed to make significant progress on the critical issue of automation, the two sides said on Wednesday…

CareGO Gets Electrification Job for Rotterdam Container Terminal Expansion

Nov 12, 2024

APM Terminals has awarded civil works and electrification contract for Maasvlakte II container terminal expansion in Rotterdam to CareGo, a consortium of ABB, Dura Vermeer and GMB.The expansion will cover a 51-hectare container yard, which will double the capacity of the terminal…

Western Australian Government Invests in New Kwinana Port Plan

Nov 11, 2024

Western Australian Premier Roger Cook has announced that Westport has received funding for Stage 4 of its detailed design. Westport is the State Government's planning program to move container trade from Fremantle to Kwinana, about 20 kilometers south…

Adriatic Gate Container Terminal Reports Record Throughput

Nov 10, 2024

Adriatic Gate Container Terminal (AGCT), ICTSI’s operation in the Port of Rijeka in Croatia, recently attained two milestones by handling a record monthly throughput and the highest single vessel exchange.AGCT’s new highest monthly throughput exceeds the previous record set in July 2024 by 11%…

ACP: Panama Canal Could Double Box Transits

Nov 08, 2024

The Panama Canal Authority could double in coming years the number of containers that move through the key East-West commercial waterway, the canal's chief told a maritime conference on Friday.A cargo-consolidation plan will seek to increase container volumes by assigning them to larger vessels…

CMA CGM's Profit Jumps on Buoyant Demand

Nov 08, 2024

Strong global demand pushed up CMA CGM's third-quarter profit while the current quarter was seeing a rush to ship goods from China, the shipping group said on Friday as it played down the risk to trade from possible U.S. tariffs.The French company reported a net profit of $2…

Hapag-Lloyd orders 24 Newbuild Boxships

Nov 06, 2024

Hapag-Lloyd has ordered 24 new container ships from two Chinese shipyards with a combined investment volume of about $4 billion, it said on Wednesday.Twelve ships, each with a capacity of 16,800 TEUs (twenty-foot equivalent units), will be built by Yangzijiang Shipbuilding Group…

Suez Canal Looks to Expand

Nov 05, 2024

Suez Canal Chairman Gamal El-Dein says Canal Economic Zone set for rapid expansion.Egypt's Suez Canal Economic Zone (SCEZ) has invested $3 billion on infrastructure over the past few years and has plans to invest a similar amount over the next few years as it works to attract investors…

Container Vessel Deliveries Soar

Nov 05, 2024

Just ten months into 2024, shipyards’ deliveries of container ships have reached a new annual record. A total of 410 ships with a capacity of 2.5m TEU have been delivered, surpassing the previous full year high of 2.3m TEU in 2023,” says Niels Rasmussen…

European Importers Shouldn't be Spooked by Freight Rates

Nov 03, 2024

Ocean container carriers are desperately trying to push spot freight rates up in early November to halt the market decline and strengthen their hand during negotiations with European shippers for new long-term contracts.Latest data from Xeneta’s…

Longshore Troubles Impact Canada Ports

Nov 01, 2024

Unionized workers started an unlimited strike at two terminals of the port of Montreal on Thursday amid stalled talks on a new labor contract, the employers' association said. The strike affects two terminals operated by Termont, which handle…

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