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Maersk fears weakening demand as warehouses fill up
DANISH shipping giant Maersk said it expects a slowdown in global shipping container demand in 2022 as consumer confidence weakens,...
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MSC, TIL plan US$6b deal for Vietnam's largest port in Can Gio
MEDITERRANEAN Shipping Co's (MSC) operating subsidiary Terminal Investment Limited (TIL) has outlined plans for a US$6 billion deal with...
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Carriers still ordering new boxes despite glut in the market
LINER operators and container lessors have rushed to build new boxes, as freight rates rocketed to historical highs in the past two...
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China's first professional cargo hub airport starts operations
EZHOU Huahu Airport, in central China's Hubei Province, has begun operations as China's first "professional cargo hub airport". It's also...
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Ship recycling market looking more positive
THE ship recycling market has had to endure some turbulent weeks, with things starting to pick up, reports Hellenic Shipping News...
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US imports continue to grow, but more still going to east coast ports
THE latest McCown report shows that US import container volumes grew by 5.9 per cent in June, year on year, defying weaker consumer...
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Los Angeles and Long Beach ports set new June volume records
CONTAINER volumes in June for the Port of Los Angeles (POLA) and the Port of Long Beach (POLB) set new records, according to data issued...
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Cosco Shipping launches new Wuhan-Xiamen intermodal train
CHINA's Cosco Shippping has launched a new sea-rail intermodal train to deal with container and shipping service availability challenges,...
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UN says war in Ukraine increases world shipping costs
THE United Nations Conference on Trade and Development (UNCTAD) has detailed how the war in Ukraine is increasing the cost of shipping...
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New container shipping route opens between China, Canada
LOADED with 4,950 TEU, a ship at Qinzhou automated container terminal, marked the opening of the first direct container shipping line...
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Corinth Canal reopens to SME shipping after 18-month hiatus
GREECE's iconic Corinth Canal reopened to shipping earlier this month after an 18-month hiatus for repair works following a series of...
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Air cargo said to be back to normal at Shanghai Pudong Airport
THE average daily frequency of cargo flights and freight volumes at Shanghai Pudong International Airport have returned to a normal...
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US-bound container from Asia up 4pc - 13pc from Vietnam
US-BOUND containership traffic from Asia increased four per cent year on year, hitting a record-breaking 1.72 million TEU in June,...
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Port of Mobile first half volumes show double, triple gains
THE Alabama Port Authority has posted year-to-date double and triple-digit growth across all types of containerised cargo movements,...
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Xiaomi's Vietnam plant produces first shipment of mobile phones
CHINESE smartphone brand Xiaomi has taken delivery of its first batch of Vietnamese-made mobile phones as part of a broader expansion to...
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Cargolux's Forson fear freighter boom will see air cargo bubble burst
CARGOLUX chief executive Richard Forson is exercising caution when it comes to freighter fleet investments, reports London's Air Cargo...
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MPCC adds two more 1,300-TEU green vessels to global fleet
NORWEGIAN carrier MPC Container Ships ASA (MPCC) has ordered two carbon-neutral 1,300 TEU vessels from Chinese shipyard Taizhou Sanfu...
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Penang freight forwarders see rising air cargo volume
THE volume of outbound and inbound cargo handled by the Penang Freight Forwarders Association (PFFA) is expected to rise five per cent to...
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US container import records continue to be broken: Port Tracker
ANOTHER record breaking number of imports passed through American major container ports showing no sign of a slowdown in consumer demand,...
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Local rivals blocking Maersk, MSC from Santos privatisation
SMALLER independent terminal operators are working to block Maersk and the Mediterranean Shipping Co (MSC), the world's two biggest...
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