China's Golden Week offers lines opportunity for blank sailings
CONTAINER capacities on the main trade routes out of China are set to plummet in the weeks following Golden Week as lines blank sailings...
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21 ships of 8,000 TEU removed from Far East-US West Coast: Xeneta
THE average capacity offered from the Far East to the US West Coast has fallen to its lowest since February in the past four weeks,...
Matson suspends premium Transpacific loop as rates plunge
HONOLULU-BASED US domestic and transpacific premium carrier Matson has closed its seasonal China-California Express (CCX) loop ahead of...
Ningbo-Zhoushan port forecasts 14pc drop in cargo throughput in 2022
CHINA's Ningbo-Zhoushan port expects to achieve a cargo volume of 1.05 billion tonnes in 2022, a reduction of 173 million tonnes tonnes,...
Survey shows monitoring of shipping container movements still a struggle
A RECENT survey by Container xChange shows that sixty per cent of freight forwarders, NVOCCs and traders find it difficult to keep a...
German port congestion, supply bottlenecks weigh on global trade
CONGESTION continued to climb in September at Bremerhaven and Hamburg, where there are now 19 container vessels waiting to unload, up...
Asean Seas Line to start China-Australia service in late September
CHINA-BASED intra-Asia carrier Asean Seas Line (ASL) is expanding into mid-haul routes, with the introduction of an Australian service on...
Port of Savannah surpasses 1m TEU two months into FY 2023
THE Georgia Ports Authority (GPA) has registered its busiest month on record handling 575,513 TEU in August, as it reached the 1 million...
Saudi Arabia inaugurates HK's Hutchison Ports' Jazan facility
HONG Kong's Hutchison Ports celebrated the inauguration of Jazan in Saudi Arabia with a visit from the royal commission. In its first...
Malaysia-China trade expected to hit record high: Malaysian official
TWO-WAY trade between Malaysia and China is expected to hit a new record high this year with the implementation of the Regional...
LA Port feels pinch with box volumes down 15pc, Long Beach flat in August
THE Port of Los Angeles (LA) saw a 15 per cent drop in container volumes handled in August as imports tumbled, while the Port of Long...
Cosco plans to spend US$3b on 15 methanol-powered ships
CHINA's Cosco Shipping Lines is said to be planning another raft of newbuilding orders, on top of the large numbers mentioned in the...
DaChan Bay Terminals start using electric empty container stackers
DACHAN Bay Terminals in Shenzhen has started operations of two electric empty container stackers to boost its decarbonisation efforts....
Budapest airport is Europe's latest e-commerce hub
FAST-GROWING Budapest Airport (BUD) is moving ahead with plans to become a significant eastern European airfreight hub for small parcels...
Evergreen's second 24,000 TEU behemoth delivered
MAJOR Taiwanese shipping firm Evergreen Marine has taken delivery of the second 24,000 TEU containership from Hudong-Zhonghua...
Shanghai port breaks another record with new high on daily container volume
DAILY container handling volume at Shanghai port has surpassed 160,000 TEU, hitting a new high. Last year's highest daily container...
Robust growth in China-Europe freight train services in August
CHINA-EUROPE freight train services surged by 18 per cent in August, compared to the same month last year, hitting a record-high 1,585...
Qatar Airway's next generation to define air cargo future
Major shipping lines amass record US$41.6b in Q2 EBIT MAJOR shipping lines recorded a combined second-quarter EBIT (Earnings Before...
Alibaba’s Taobao Deals pivots from chasing user growth: report
Alibaba’s budget shopping app Taobao Deals has adjusted its key business metric twice in less than six months, Chinese media outlet...
Carriers and container owners struggle to return boxes to China
SHIPPING lines and container owners in North America, with the majorly of them in the US, are finding it difficult to return containers...