Further disruption in ocean freight rates expected despite best efforts from leading carriers, according to Xeneta Container Rates Alert.Long-term contracted ocean freight rates for carriers continued their downward trend through the month of October…
German international shipping and container transportation company Hapag-Lloyd has introduced IMO2020 Transition Charge (ITC) for short-term contracts.The introduction of the IMO2020 sulfur cap as of 1 January 2020 marks a milestone for the…
The Containership market has been showing some significant gains across both earnings and values, particularly in the Post Panamax and New Panamax segments, says VesselsValue.The US China trade war has had a negative impact on vessel demand…
The largest trimodal container terminal in the European hinterland is being developed in the Port of Duisburg.Duisburger Hafen AG (duisport) is set to build a US$111.2mln new 220,000 m² trimodal container terminal on the site of its current…
The Port of Oakland is a major container ship facility located in Oakland, California, in the San Francisco Bay, said that its loaded container volume from January through September increased 3.1 percent compared to the same period in 2018…
Danish international shipping and logistics company DFDS Logistics said that it is purchasing 50 Carrier Transicold NaturaLINE units, which claimed to be the industry’s only natural refrigerant-based container refrigeration system.Carrier Transicold is a part of Carrier…
APM Terminals Gothenburg plans to double the volume of containers transported by rail to and from Gothenburg by 2022.APM Terminals Gothenburg is connected to more than 300 inland destinations in Sweden via rail. With more than 60 rail shuttles per week…
The Port of Rotterdam Authority has announced that it has participated in ‘Noah’s Train’ as part of the Rail Freight Forward (RFF) initiative, a collaborative effort to cut freight transport emissions by 30% by 2030.The longest mobile work of art and ambassador of the RFF initiative…
Kalmar, a provider of cargo-handling solutions and services to ports, introduces Kalmar One, the first open automation system for container terminals.Kalmar One is a modular and scalable system that provides a robust foundation for automating container handling operations regardless of the vendor…
Drewry Shipping Consultants has revealed that it now expects global port throughput to rise by 2.6% in 2019, down from the previous 3.0% expectation.The mood-music surrounding the container market has deteriorated further in the last three months…
France-based developer of smart data for ports Traxens has led the development of the first standards for smart container data exchange now published by the United Nations Center for Trade Facilitation and Electronic Business (UN/CEFACT).Business…
The Port of Rotterdam Authority has launched a new container tracking application Boxinsider allowing shippers and freight forwarders to locate their containers at any given moment.Boxinsider draws on status information from container vessels and inland and deep-sea terminals…
Netherlands' short sea shipping firm JR Shipping has expanded its container feeder fleet by purchasing a vessel and entering into a new management contract.According to a press note from the Harlingen-based shipowner and manager, the two vessels were transferred to the shipping company…
India's container trade growth slowed to 1 percent (9% in the same period last year) in Q2 2019 on account of various factors like growing trade tensions and slump in manufacturing sector, Maersk said.'The slow down is due to a cocktail of international factors such as slowing trade growth…
India’s containerized trade growth slowed to 1% (9% in the same period last year) in Q2 2019, due to a cocktail of international factors such as slowing trade growth, and growing trade tensions – coupled with domestic factors like rural consumer distress…
