SHIPPING
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Port of Long Beach reports "record-setting" April
May 13, 2022 - The Port of Long Beach achieved its most active April, continuing a streak of single-month records set in 2022. In a...
Container Dwell Fee remains on hold at Port of LA, Long Beach
May 13, 2022 - The San Pedro Bay ports of Los Angeles and Long Beach will once again delay consideration of the “Container Dwell Fee”...
Shanghai Port saw container throughput rebound to 80% of 2021 level
May 12, 2022 - Shanghai Port recorded container throughput of exceeded 3.085 million twenty-foot equivalent units (TEUs) in April,...
Yang Ming says high freight rates boosted its Q1 performance
May 12, 2022 - Yang Ming Marine Transport Corporation (Yang Ming) reported higher revenue in the first quarter owing to elevated...
Black Sea exports down 35% in April due to Russia-Ukraine war
May 12, 2022 - Black Sea exports in April were down 35% on a halt in Ukrainian ports shipments, according to S&P Global Ma...
Hapag-Lloyd expects Q2 to exceed expectations; says disruptions to improve in H2
May 12, 2022 Hapag-Lloyd expects the second quarter to exceed expectations after the shipping line recorded an "exception...
Vietnam increasingly important as transport hub for Gebrüder Weiss
May 11, 2022 Gebrüder Weiss said Vietnam has become an increasingly important transport hub for the freight forwarder over...
ICTSI spends US$20M for IT upgrades in its Manila flagship
May 11, 2022 International Container Terminal Services, Inc. (ICTSI) has invested more than ₱900 million (US$20 million) in...
PSA, ONE uses reclaimed reefer refrigerant gas to cut emissions
May 10, 2022 PSA Corporation Ltd (PSA) and Ocean Network Express Pte. Ltd (ONE) have deepened their collaboration on sustainability...
Hapag-Lloyd joins JV for new container terminal in Egypt
May 10, 2022 Hapag-Lloyd announced that it is participating in a new joint venture (JV) to develop and operate a new container...
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