Container Shipping News

 

DP World Puts Cars in Containers

Oct 03, 2023

Thousands of cars are now entering Turkey after DP World Yarımca introduced a ‘cars in containers’ shipping solution that has helped solve an automotive supply chain crisis in the region.Congestion at Turkish ports has resulted in significant…

Victoria International Container Terminal Gets New Automated STS Cranes

Oct 02, 2023

Victoria International Container Terminal (VICT), Australia’s first fully automated container terminal, will soon be handling the largest container ships to arrive in Australia after the recent delivery of two new ship-to-shore (STS) cranes…

Melbourne’s VICT Welcomes Largest Container Ship to Dock in Australia

Sep 21, 2023

Victoria International Container Terminal (VICT) is marking a significant milestone with the arrival of the CMA CGM Pelleas which has docked at the Port of Melbourne.At 350 meters in length, the container ship is the largest ever to dock in Australia…

Hapag-Lloyd CEO: Transatlantic Shipping Trades Under Pressure

Sep 04, 2023

Transatlantic shipping freight rates have come under pressure from slack demand, meaning ship operators must watch costs, the chief executive of Germany's Hapag-Lloyd said on Monday.'Rates have definitely collapsed, and that means we have to start looking at our costs…

COSCO SHIPPING Ports Announces Growth in Throughput

Aug 30, 2023

COSCO SHIPPING Ports has announced its interim results for the six months ended 30 June 2023, highlighting that total throughput increased by 2.2% YoY to 64,572,872 TEU and equity throughput increased by 1.3% YoY to 20,751,365 TEU.Revenue decreased by 2…

WMU Explores Potential of Synchromodality to Transform Freight Logistics

Aug 29, 2023

The World Maritime University (WMU) has released a pre-study report entitled Synchromodality as a Prospective Digitalization Scheme for Freight Logistics.The study explores the potential of digital technologies and synchromodality to transform…

DP World to Develop Mega-Container Terminal in India

Aug 27, 2023

DP World has signed a concession agreement with the Deendayal Port Authority to develop, operate and maintain a new 2.19 million TEU per annum mega-container terminal at Kandla in Gujarat on India’s western coast.The concession to develop the…

Port of Savannah Takes Delivery of More Ship-to-Shore Cranes

Aug 25, 2023

The US Port of Savannah has taken delivery of four Super Post-Panamax ship-to-shore cranes, upgrading the crane fleet to 34 machines at Garden City Terminal after four older cranes are retired and recycled.Along with the completion of our project to improve Berth 1…

Port of Los Angeles Pays Tribute to Shipping Lines That Reduced Emissions

Aug 24, 2023

The Port of Los Angeles has recognized the achievements of more than two dozen shipping lines and carriers for participating in the Port’s Vessel Speed Reduction Program (VSRP), an air quality and annual incentive program for vessel operators…

Xeneta: Ocean Freight Rates May Have Started Bottoming Out

Aug 24, 2023

Xeneta believes long-term ocean freight rates may have started bottoming out after around a year of persistent, often dramatic monthly falls. The Oslo-based benchmarking and market analytics company says the latest general rates increases (GRIs) from carriers appear to have held “relatively firm…

Port of Los Angeles Cargo Volumes Slip in July

Aug 23, 2023

The Port of Los Angeles moved 684,291 TEUs in July as cargo shipments declined compared to last year’s record month.“Global trade has eased as warehouse inventories of retailers and manufacturers remain elevated,” said Port of Los Angeles Executive Director Gene Seroka…

ZIM to Restructure Oceania Trade Services

Aug 22, 2023

ZIM Integrated Shipping Services has announced a restructuring of its existing services to Oceania (CAX, TFX and N2A) in collaboration with MSC.Danny Hoffman, ZIM EVP Intra-Asia, said: “Our current Oceania services network will be restructured…

APMT Pipavav Handles Over 200 Port Moves Per Hour

Aug 21, 2023

APM Terminals Pipavav has shattered its previous records by successfully achieving over 200 port moves per hour (PMPH) on a single vessel for the first time in the history of its operations.On August 17, 2023, the port, located on the coast of Gujarat…

Taiwan's First Automated Container Terminal Inaugurated

Aug 16, 2023

Evergreen Marine has officially opened Terminal 7 at Kaohsiung Port, a smart terminal expected to drive ongoing growth of shipping related industries within southern Taiwan. The terminal is the first and largest fully-automated container terminal…

ZIM 2Q Revenues Plunge 62%

Aug 16, 2023

Pain in the containershipping sector is not uncommon in 2023, and Israel's ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) is no exception, today reporting 2Q and six month results:Net loss for the second quarter was $213 million, negatively…

Logistics News

Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks

Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks

Compromise Agreements Yield over $2.3 Million in Penalties

Compromise Agreements Yield over $2.3 Million in Penalties

Antwerp Euroterminal Readies Shore Power Facility

Antwerp Euroterminal Readies Shore Power Facility

US Regulator Seeks New Emissions Data from Venture Global LNG

US Regulator Seeks New Emissions Data from Venture Global LNG

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