SHIPPING
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Ocean carriers record "very strong" US$43.9B operating profit in Q1
June 15, 2022 - Shipping lines have carried over its strong performance from 2021, recording a "very strong" operatin...
Port of LA says May cargo is 'third best month on record"
June 15, 2022 - The Port of Los Angeles (Port of LA) said its cargo volumes last May were the "third best" overall ...
Yang Ming to add 11,000 TEU vessel, ‘YM Tranquility’
June 14, 2022 - Yang Ming Marine Transport Corp. (Yang Ming) will be adding another new 11,000 TEU class container vessel to its...
US passes Ocean Shipping Reform Act
June 14, 2022 - The US Congress approved on Monday the Ocean Shipping Reform Act which the American government expects to help ease...
S&P: Dry bulk freight rates seen to remain stable amid steady trade growth
June 13, 2022 - Dry bulk freight rates are forecasted to remain stable amid a "limited supply" and steady growth i...
Container Dwell Fee at Port of LA, Long Beach on hold through June 17
June 13, 2022 The San Pedro Bay ports of Long Beach and Los Angeles will once again delay consideration of the "Container D...
Korean Register launches Class Notation for safe marine transportation of e-vehicles
June 13, 2022 The Korean Register (KR) announced that it has developed a new class notation for the safe marine transportation of...
061aacf0-4889-4c26-9233-d49e9b978274 Port of Long Beach records second-busiest month on record
June 10, 2022 Port of Long Beach said May was the second-busiest month on record for the port and its strongest month so far in...
South Carolina Ports posts another record month in May
June 10, 2022 South Carolina Ports said it achieved another record month for containers handled at the Port of Charleston while...
Sea-Intel: US$5B-US$10B lost to shippers due to delays
June 8, 2022 Shipping delays due to persisting supply chain constraints are costing shippers worldwide anywhere from US$5 billion to...
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