SHIPPING
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Flexport: TPEB demand, rates continue to drop in August
September 15, 2022 - The Transpacific Eastbound (TPEB) is seeing a post-COVID plummet, with demand and rates continuing to drop. In its...
Volumes at Port of LA start to ease in August
September 15, 2022 - After record-breaking cargo volume in 2021 and the first half of 2022, the import surge at the Port of Los Angeles...
Hapag-Lloyd acquires minority share in Italian logistics Spinelli Group
September 15, 2022 - Hapag-Lloyd has entered into an agreement with Spinelli Group to acquire a minority stake in the Italian logistics...
Hutchison Ports inaugurates the Port of Jazan City in Saudi
September 15, 2022 - Hutchison Ports and the Royal Commission in Jubail and Yanbu inaugurated the Port of Jazan City for Primary and...
Sea-Intel: Major shipping lines made a combined EBIT of US$41.6B in Q2
September 14, 2022 - Major shipping lines recorded a combined EBIT (Earnings Before Interest and Tax) of US$41.6 billion in the second...
DaChan Bay Terminals begin operations of electric empty container stackers in Shenzhen
September 14, 2022 DaChan Bay Terminals has commenced operations of two electric empty container stackers enhancing further its...
Port of LA announces US$5M in incentives for zero-emissions trucks
September 14, 2022 The Port of Los Angeles has announced the release of US$5 million in voucher incentives for zero-emission trucks to...
Port of Savannah handles 575,000 TEUs in August
September 13, 2022 Georgia Ports Authority (GPA) saw its busiest month ever in August GPA said it handled 575,513 twenty-foot equivalent...
MSC urges shippers to adjust Sri Lanka routes to protect endangered species
September 9, 2022 MSC Mediterranean Shipping Company (MSC) announced that it has taken a major step to help protect blue whales and other...
US earmarks US$20M grant to Port of LA to further speed cargo flow
September 9, 2022 Port of Los Angeles (Port of LA) has been granted a US$20 million federal fund to speed up further cargo flow in...
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