Container Shipping News

 

Have Container Volumes from China to North America Peaked?

Aug 07, 2024

Ocean container shipping demand from China to North America and North Europe continued to break records in June, but the latest data from Xeneta indicates it may now have peaked.The June highs came as importers rushed to protect supply chains…

New Cranes at ICTSI’s Manila Flagship Terminal Now Fully Operational

Jul 31, 2024

Manila International Container Terminal (MICT) has completed the commissioning of its three new quay cranes.“The acquisition of these new quay cranes represents a significant step forward to MICT’s expansion and modernization. Their addition enables us to handle cargo loads more efficiently…

CMA CGM Sees Shipping Demand Holding Up After Restocking Wave

Jul 25, 2024

Shipping giant CMA CGM said on Thursday that brisk international trade and Red Sea disruption supported its main maritime division in the second quarter and should limit any market slowdown later this year as new ship capacity arrives.The world's third-largest container shipping line reported a 6…

Ports of Indiana, Port of Antwerp-Bruges Partner on Trade and Green Shipping

Jul 17, 2024

Representatives from Ports of Indiana and Port of Antwerp-Bruges have signed an Memorandum of Understanding (MoU) to advance key economic and environmental port initiatives.The agreement formalizes a plan to work together to advance economic development…

Spiraling Container Shipping Market Set to Peak

Jul 15, 2024

The dramatic spike in the ocean freight container shipping market is reaching its peak as importers push back against spiraling spot rates.Data released by Xeneta today, Monday, shows average spot rates from the Far East to US East Coast increased by 3…

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…

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…

Logistics News

CBP and Royal Caribbean Use Biometric Facial Recognition Technology in Puerto Rico

CBP and Royal Caribbean Use Biometric Facial Recognition Technology in Puerto Rico

NextWave Seafarers Project Launches to Address Global Seafarer Shortage

NextWave Seafarers Project Launches to Address Global Seafarer Shortage

Eskola Named Executive Chair of Meyer Turku Oy Board

Eskola Named Executive Chair of Meyer Turku Oy Board

'Sustainable Dredging' at the Port of Oakland

'Sustainable Dredging' at the Port of Oakland

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