Container Shipping News

 

Adani Ports to Invest in Transshipment Terminal, Bloomberg News Reports

Jul 11, 2024

India's Adani Ports and Special Economic Zone plans to ramp up its investment to 100 billion rupees ($1.20 billion) to boost its southern India transshipment container port, Bloomberg News reported on Thursday.The investment in Vizhinjam port in the state of Kerala is part of the second phase of the project that is expected to finish by 2028, the report, which cited people with knowledge of the matter…

Xeneta: Perfect Storm for Container Shipping

Jul 10, 2024

Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion.The 15.94m TEU transported by ocean in May beats the previous record of 15.72m TEU set in May 2021, according…

Container Shipping Demand Soars, System Chaos Reigns

Jul 10, 2024

Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion, as the 15.94m TEU transported by ocean in May beats the previous record of 15.72 TEU set in May 2021, according…

Monthly US Import Cargo Continues to Rise

Jul 09, 2024

Monthly inbound cargo volume at major container ports in the US is continuing to rise despite a variety of supply chain challenges, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates…

Ports of Indiana to Establish Container Port Serving Chicago Metropolitan Area

Jul 02, 2024

U.S. Customs and Border Protection (CBP) has approved a proposal from Ports of Indiana-Burns Harbor to establish the first international sea cargo container terminal on Lake Michigan. This would create the only all-water container route for…

Electric Cargo Top Handlers Enter Service at Port of Los Angeles

Jun 25, 2024

The Port of Los Angeles has deployed the first commercially available battery-powered electric cargo top handlers in the US. The five electric, human-operated top handlers purchased by Yusen Terminals will replace more polluting, diesel-powered equipment…

Singapore Port Congestion Shows Global Impact of Red Sea Attacks

Jun 25, 2024

Congestion at Singapore's container port is at its worst since the COVID-19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has disrupted global ocean shipping - with bottlenecks also appearing in other Asian and European ports…

Xeneta: US Importers Caught in a Vicious Circle

Jun 12, 2024

Threat of strike action at US East and Gulf Coast ports may see importers accelerate efforts to protect ocean supply chains in a vicious circle of disruption in ocean freight container shipping.The International Longshoremen’s Association (ILA)…

Cargo Integrity Group Highlights Potentially Dangerous Cargoes

Jun 10, 2024

The Cargo Integrity Group has identified 15 cargoes commonly carried in containers that under certain conditions can cause dangerous incidents.The Group urges everyone handling these goods to follow all applicable regulations, the CTU Code and industry best practices…

World Shipping Council Welcomes New SOLAS Regulations

Jun 03, 2024

The World Shipping Council (WSC) has applauded the recent adoption of amendments to SOLAS at MSC 108. Starting January 1, 2026, these amendments will require mandatory reporting of all containers lost at sea, setting a new standard for maritime safety and environmental protection…

Maersk Raises 2024 Guidance on Strong Demand

Jun 03, 2024

Danish shipping group AP Moeller-Maersk on Monday raised its full-year profit guidance for the second time in a month on the back of strong container market demand and the crisis in the Red Sea.Maersk now expects its underlying earnings before interest…

Maersk Faces Significant Port Congestion in Asia, Mediterranean

Jun 03, 2024

Maersk faces significant terminal congestion in Mediterranean and Asian ports, causing substantial delays in its vessel schedule, the Danish shipping group said in a statement on Monday.As a result of that congestion, the world's second-largest container shipping company…

Onne Multipurpose Terminal Welcomes its Largest Container Ship

Jun 02, 2024

Onne Multipurpose Terminal (OMT), International Container Terminal Services, Inc.’s (ICTSI) operation in Nigeria, has handled the Kota Cempaka – the largest container vessel to conduct full operations in Eastern Nigeria.Operated by Pacific International Lines (PIL)…

Singapore's Tuas Port to Add Three More Berths

May 30, 2024

Three new berths will start operations at Singapore Tuas Port later this year to tackle extended waiting times for ships after Red Sea shipping tensions boosted vessel arrivals, said Singapore's Maritime and Port Authority (MPA).The diversion…

Container Vessel Bunkered with Methanol During Cargo Operations

May 27, 2024

X-Press Feeders, Global Energy Trading Pte Ltd (GET), and PSA Singapore (PSA) have successfully completed the first simultaneous methanol bunkering and cargo operation (SIMOPS) in Singapore on May 27, 2024.The SIMOPS was conducted at the new…

Logistics News

Holt Lock Closed Due to Stability Concerns

Holt Lock Closed Due to Stability Concerns

CBP Cracking Down on Maritime Auto Theft

CBP Cracking Down on Maritime Auto Theft

US Army Corps of Engineers Names New Chief

US Army Corps of Engineers Names New Chief

US Importers Balk at Return of $10,000 Container Shipping Rate

US Importers Balk at Return of $10,000 Container Shipping Rate

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