Container Ships News

 

Port of LA Box Volumes Dip

Nov 08, 2019

The Port of Los Angeles, the nation's busiest for ocean trade with China, processed fewer containers of imported and exported goods in October as the U.S.-China trade war roils the domestic economy and global supply chains.October imports dropped 19% to 392…

Gothenburg Port Reports Steady Rise

Nov 04, 2019

The Swedish container market had a slight downturn during H1 2019, with a 1% fall, but the Port of Gothenburg has reported a steady rise in both market share and volume.Between January and September this year, the figure stood at four per cent…

RORO Company Launches New Platform

Nov 04, 2019

The Roll On Roll Off (RORO) Company, a digital freight forwarder, recently launched its new platform, RORO.com, to accelerate global trade of large assets. With access to instant quotes, schedules and bookings, users can save time and money on shipping machinery…

In a First, Container Cargo Vessel on Brahmaputra

Nov 03, 2019

The first ever containerized cargo movement via Indo-Bangladesh protocol route and Brahmaputra (National Waterway -2) river will start from West Bengal's Haldia Today.'In line with Government’s focus on improving connectivity to the North Eastern Region (NER)…

Xeneta Expects Further Disruption in Container Rates

Nov 01, 2019

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…

Vessel Op Costs to Rise in 2019 and 2020

Oct 31, 2019

International accountant and shipping adviser BDO said total operating costs in the shipping industry are expected to rise by 2.5% in 2019 and by 2.7% in 2020.Responses to the firm’s latest annual Future Operating Costs Survey revealed that…

Hapag-Lloyd Intros IMO2020 Transition Charge

Oct 30, 2019

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…

Yang Ming to Launch New ITS Service

Oct 29, 2019

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that encouraged by the steady economic growth and foreign trade in between Indonesia, Singapore, Malaysia and Thailand, it  continues to enhance its Southeast Asia…

Boom in Container Shipping: VesselsValue

Oct 29, 2019

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…

PTS to Manage Lake House Boxship Pair

Oct 27, 2019

Lake House, a Hong Kong and London based investment company, has appointed PT-Shipmanagement (PTS), a Hamburg based company, to manage two container ships.The two ships have a capacity of 1,300 TEU each and sail with an average crew of 15. The…

OOCL Posts Higher Container Volumes

Oct 27, 2019

Hong Kong-based carrier Orient Overseas Container Line (OOCL) said both container volumes and revenue were higher in the third quarter this year than in 2018.The COSCO-owned company said that the total volumes for the third quarter of 2019 (ended 30th September 2019) were 4…

A.P. Moller-Maersk Center of Excellence in Tamil Nadu

Oct 25, 2019

Maersk, a global integrator of container logistics, has laid the foundation stone of its planned ‘A.P. Moller – Maersk Center of Excellence’ facility at Thenpattinam (Tamil Nadu), to support skill development and training needs for Maersk cadets across job functions (deck…

JAXPORT Sets Cargo Records

Oct 25, 2019

Florida’s largest container port achieved record volumes in containers, vehicles and overall tonnage during the fiscal year ending September 30, 2019.The Jacksonville Port Authority (JAXPORT) moved more than 1.338 million twenty-foot equivalent units (or TEUs…

Duisburg to Open New Trimodal Terminal

Oct 25, 2019

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…

Optimarin Inks 30 BWTS Deal with Asiatic Lloyd

Oct 24, 2019

Optimarin, the ballast water treatment (BWT) specialist, has reported a year-on-year increase in sales of more than 100% for Q3, with order intake at an all-time high. The growth, consolidating the trend seen in Q2, comes on the back of a number…

Logistics News

Russia Grain Exports Plummet 63%

Russia Grain Exports Plummet 63%

Singapore Ship Bunker Sales hit 16-month High

Singapore Ship Bunker Sales hit 16-month High

Unresolved Issues Plague Vietnam-US Trade Talks

Unresolved Issues Plague Vietnam-US Trade Talks

Protesters Call for Halt to Live Calf Exports

Protesters Call for Halt to Live Calf Exports

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