Container Shipping News

 

Cargo Integrity Group Wants IMO to Act on Container Inspection Data

Sep 17, 2024

The Cargo Integrity Group is calling on national administrations to carry out and report the findings of their container inspection programs, and for the IMO to continue collating and publishing the results in a publicly accessible form.The…

Maersk and Hapag-Lloyd Provide More Detail on Network Cooperation

Sep 10, 2024

In February 2025, Maersk and Hapag-Lloyd will launch their Gemini Cooperation aimed at delivering a flexible and interconnected ocean network with schedule reliability above 90% once fully phased in.The companies unveiled the concept in January…

Singapore Expands Nighttime Operations

Sep 05, 2024

After completing a four-month trial, Singapore’s MPA now allows the night movement of line-towed container barges to and from Pasir Panjang Terminal (PPT) between 7:00 pm and 6:30 am.Such moves can be used to transport containers on barges into and out of the Port of Singapore and neighboring ports…

Container Shipping Rebound in Rush to Fill US Inventories

Aug 19, 2024

Transatlantic container shipping volumes into the United States are rebounding, the head of Hapag-Lloyd said on Monday, boosted by restocking and a rush to fill up inventories amid a risk of possible strike action at U.S. ports.Freight sector…

Argentina’s TecPlata is Carbon Neutral

Aug 19, 2024

ICTSI’s Argentinian subsidiary TecPlata has become the first port in the country to obtain carbon neutral certification.The company acquired carbon credits certified by Verra’s Verified Carbon Standard (VCS). These credits are linked to the…

Red Sea Crisis Impacts Oman's Salalah Port

Aug 16, 2024

Oman's Salalah port reported a 16% decline in container volumes in the first half of the year as ships reroute around the southern tip of Africa to avoid missile and drone attacks in the Red Sea.The port, which is Oman's closest to the border with Yemen…

Containerized Cargoes Surge into the US Amid Strike Concerns

Aug 08, 2024

Monthly inbound cargo volume at major container ports in the US could see a near-record surge this month as retailers bring in merchandise ahead of a potential strike at East Coast and Gulf Coast ports this fall. The prediction for the container…

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…

Logistics News

Consilium Safety Group Appoints New Chairman of the Board

Consilium Safety Group Appoints New Chairman of the Board

AAL Shipping Unveils Sixth Heavy Lift Super B-Class Vessel

AAL Shipping Unveils Sixth Heavy Lift Super B-Class Vessel

MDL Leases Land for Peterhead Offshore Project Support Site

MDL Leases Land for Peterhead Offshore Project Support Site

Oil Supply to Outpace Demand in Medium-Term

Oil Supply to Outpace Demand in Medium-Term

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