SHIPPING
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Report: No US freight rebound until 2024
August 25, 2023 - Inflation in the United States is decreasing, however, US freight demand isn't recovering despite...
DP World to invest US$510M to develop Tuna-Tekra mega container terminal
August 25, 2023 - DP World said it signed a concession agreement with the Deendayal Port Authority to develop, operate and maintain a new...
Port of Savannah receives four new electric ship-to-shore cranes
August 25, 2023 - The Port of Savannah announced that it recently received four Super Post-Panamax ship-to-shore cranes, upgrading the...
WorldACD: Tonnage drop deepens with European holiday season
August 25, 2023 - The decreasing trend in global tonnages accelerated in the second full week of August, mainly driven by Europe in the...
Xeneta notes "shift" in ocean freight rates in Q3 2023
August 24, 2023 - Xeneta believes long-term ocean freight rates may have started bottoming out after around a year of persistent, often...
GAC expands operations in East Malaysia; cites growth opportunities in the country
August 23, 2023 GAC Malaysia is expanding its operations in East Malaysia with the opening of a new office in Kota Kinabalu, boosting...
Port of Los Angeles cargo volume slips again in July
August 23, 2023 Cargo throughput at the Port of Los Angeles (Port of LA) dropped again in July after recording its "best mont...
Port of Hamburg notes increased trade with the Americas and Asia
August 23, 2023 The Port of Hamburg reported a decline in cargo volume in the first half of the year due to global economic...
Sea-Intel: Carrier EBIT down 90% to US$3.2B in Q2 2023
August 23, 2023 After two very profitable years for the shipping lines, the market is shifting into "post-pand...
S&P Global: All regions show y/y decline in port call size
August 23, 2023 All world regions showed a decline in average call size in the second quarter (Q2) of 2023 compared with the same...
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