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The Indian exporters are facing the heat of container congestion as severe scarcity of empty containers has taken over the country. They were already struggling with skyrocketed freight rates and now the unavailability of containers has added to their misery ... continue reading

In the wake of problems faced by the shippers in outbound container shipments from Chittagong, the government of Bangladesh has formed a task force. On 7th July, a meeting attended by shippers, shipping ministry officials, and other stakeholders including officials ... continue reading

Ministry of Transport of Thailand has appointed a National Committee to conduct study, and work out framework, for establishing a National Shipping Line, during a special meeting on Jun 30. national tonnage accounts for just 9% of total nation’s ... continue reading

Thai food exports are choked by exorbitant transportation costs, including rice or canned seafood. Rice export to USA is about to become negative, with $500 transportation cost exceeding the cost of buying rice from farmers. Exported canned foods retail prices ... continue reading

The Yantian congestion has escalated to a level where container lines are now forced to take emergency action. CMA CGM has become the latest shipping carrier to apply the port congestion surcharge (PCS) on its reefer containers headed towards Yantian ... continue reading

The unprecedented crisis of container shortage across the globe has now led exporters in Turkey to replace containers for their consignments with wooden boxes. One such exporter is the marble firm from the Denizli province of western Turkey which due ... continue reading

Mediterranean Shipping Corporation (MSC) is on the verge of surpassing their 2M alliance Maersk as the world's largest carrier amidst its fleet capacity approaching 4 million TEU. According to Alphaliner, the Swiss carrier currently holds a fleet of 604 ... continue reading

Riding the growth wave in imports, the Port of Los Angeles has reached the epitome height where it has processed 10 million containers in a year. In the Western Hemisphere, the Port of Los Angeles has become the first port ... continue reading

The National Retail Federation has stated that the current incoming volumes are projected to set new records for the year. As the covid-19 restrictions are relaxed across the US, consumers are returning to retail stores with renewed fervor. This is ... continue reading

The entry of German shipping giant Hapag Lloyd in the East African region is set to intensify competition. The beginning of which was marked by the maiden call of Hapag Lloyd’s container cargo ship the MV Northern Valence at ... continue reading

The rate of containerized trade at the Port of Oakland hit new highs in the first quarter of 2021. The Port announced on May 6 that its overall volume from January to March was 631,119 20-foot containers. This surpassed ... continue reading

After handling 13,227 containers – 22,761 TEUs – during the 'Manila Maersk' call on 3 May 2021, PSA Singapore overturned its productivity record to a new high. PSA Singapore said in a statement that it was the most TEU dealt ... continue reading

The Japanese port of Yokohama has been named the most efficient port globally in a recent index dominated by Asian ports. The World Bank and IHS Markit have released a new global Container Port Performance Index (CPPI), which ranked Yokohama ... continue reading

The Port of Rotterdam announced that the combined weight of its Q1 TEU volume fell by 0.7 percent, even though its total container trade grew by 4.5 percent, indicating that the rising demand for empty containers shows no ... continue reading

Port of Antwerp holds its own in Q1 despite Brexit and corona crisis A slight growth in container throughput was encountered. It was a strong quarter for breakbulk. The total throughput of Port of Antwerp remained stable at 59,1 ... continue reading

Last week, under very little media attention, ONE Apus discharged its cargo at the Port of Long Beach, after losing around 2000 containers in the Pacific Ocean last year. Our AIS data shows that the ship is currently in the ... continue reading

The Port of Los Angeles is seeing a flood of imports. In March alone, more records were broken than any other months before. With volumes predicted to remain at a peak for April too, container ships are expected to be ... continue reading

UKP&I: Disappointed by arrest of “Ever Given” Apr 13 Statement: On 7 April, the owners of the container vessel “Ever Given” received a claim from the Suez Canal Authority (SCA) for the sum of US $916 million. The SCA ... continue reading

Growing over 18 percent in the Finacial Year 2021 (FY21), Mundra Port, in the Indian state of Gujarat has overtaken Mumbai's Jawaharlal Nehru Port Trust (JNPT), handling 5.65 million twenty-foot equivalent units (TEUs) in the current financial year ... continue reading

MSC issued a statement on its’ fleet schedules changes and interruptions, caused by Suez Canal grounding accident: … We have started to redirect some vessels in order to keep cargo flowing by other routes. Please note that transit via Suez is ... continue reading