SHIPPING
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Xeneta: Spot rates from South East Asia to the US East Coast falls at end May
June 6, 2022 - Spot rates from South East Asia to the US East Coast have softened towards the end of May in line with what&#...
US earmarks US$368M in grants to boost rail, strengthen supply chains
June 3, 2022 - The US government has earmarked over US$368 million in grants to improve the country's rail infrastructure...
Port of Long Beach expects cargo growth to boost revenue by 11%
June 3, 2022 - The Port of Long Beach announced that its Board of Harbor Commissioners recently approved a US$685.5 million annual...
Bollore's Timor Port expands to handle large capacity ships
June 3, 2022 - Timor Port, a subsidiary of Bolloré Ports, received two tugs, two STS gantries, and four RTG gantry cranes for...
Shanghai lifts Covid-19 restrictions from June 1
June 3, 2022 - Shanghai has lifted its Covid-19 related restrictions from June 1 paving the way for the full resumption of production...
Maersk completes acquisition of Senator International for US$644M
June 2, 2022 A.P. Moller - Maersk (Maersk) has announced the closing of its acquisition of global freight forwarder, Senator...
Vessel delays, terminal congestion showing signs of improvement
June 2, 2022 Vessel delays are finally abating somewhat, and the terminal congestion indicators are also showing signs of...
CMA CGM continues Latin America expansion with new Asia-Mexico connection
June 2, 2022 CMA CGM has announced the launch of a new service connecting Asia and Latin America as part of its expansion plans in...
CMA CGM stops transporting plastic waste as of June 1
June 1, 2022 CMA CGM will no longer be transporting plastic waste on board its ships as of June 1 as part of its continued push for...
China's major ports see steady growth in container throughput in May
June 1, 2022 China's major ports handled over 23 million twenty-foot equivalent units (TEUs) of containers in May, up 4.2% ...
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