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Shipping companies may further cut capacity while raising prices
Analysis: Shipping companies may further cut capacity while raising prices
2025-02-25
Shipping companies may need to cut capacity further as well as raise prices, with capacity on routes between Asia and Northern Europe likely to fall by as much as 11 per cent year on year once new ship sharing deals are agreed.
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Jebel Ali port
Jebel Ali Port will handle 15.5 million TEU in 2024
2025-02-24
Cargo throughput at Jebel Ali Port in 2024 will reach its highest level since 2015, with the port handling 15.5 million TEU, 1 million TEU more than the previous year.
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Long Beach Harbor
Container throughput at the Port of Long Beach is at a record high
2025-02-24
The Port of Long Beach set a New Year's container throughput record with 952,733 20-foot equivalent units shipped in January, up 41.4 percent from a year earlier and surpassing the previous record of 18.9 percent set in January 2022.
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DP World Centerm
Congestion at the Port of Vancouver has increased and ships have been delayed
2025-02-24
With the continuous progress of alliance restructuring, combined with the capacity constraints of Canada's inland rail hubs and the declining reliability of liner schedules, the Port of Vancouver, the gateway to Canada's west coast, is facing serious
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The United States initiated Section 301 proceedings
Us launches 301 investigation Hearing on China Shipping & Logistics and Shipbuilding!
2025-02-24
The Office of the United States Trade Representative (USTR) has issued a notice announcing a public hearing on proposed actions in the Section 301 investigation against China's maritime, logistics, and shipbuilding industries.
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American freight rates fell
U.S. freight rates fell for six straight weeks
2025-02-24
The latest edition of the Shanghai Container export Freight Rate Index (SCFI) released shows that the freight rate index has fallen for six consecutive weeks, and the four major routes have shown a downward trend.
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Hyundai Merchant Marine HMM acquires new SK Shipping
Hyundai Merchant Marine HMM acquires new SK Shipping
2025-02-24
HMM, South Korea's largest Shipping line, is planning to strengthen its position in the country's shipping industry by acquiring SK Shipping, a leader in the country's energy transport sector.
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Shanghai Port container throughput exceeded 5 million TEU in January
Shanghai Port container throughput exceeded 5 million TEU in January
2025-02-20
In January 2025, the container throughput of Shanghai Port exceeded 5 million TEU, breaking the historical record and creating a new high monthly throughput.
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Global container traffic increased by 6% in 2024
Global container traffic increased by 6% in 2024
2025-02-20
According to Container Trade Statistics Limited (CTS), global container traffic increased by 6% in 2024 compared to 2023, a strong year for global container trade, with North America and the Far East leading the growth.
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MSC acquires 50% of the operation rights of the Nadorsi Mediterranean Container Terminal
MSC acquires 50% of the operation rights of the Nadorsi Mediterranean Container Terminal
2025-02-20
State-owned Moroccan port operator Marsa Maroc recently announced an agreement whereby MSC's port company TiL has secured a 50% concession to the Nadorsi Mediterranean Container Terminal.
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