Sector
Shipping
US WEST COAST VESSEL QUEUE WILL GROW AGAIN
10 March 2022Despite the recent drop in vessel queues outside Port of Los Angeles/Long Beach, a new Sea-Intelligence report said this is set to start growing again — to a level worse than what was seen last May.
The International Chamber of Shipping (ICS), representing 80% of the world's merchant fleet, has warned that current supply chain disruption is set to be compounded by a shortfall in the global shipping workforce due to the Russian invasion of Ukrain...
The Kuala Lumpur-based Association of Asia Pacific Airlines (AAPA) said the ongoing conflict between Russia and Ukraine is expected to drag the recovery of the aviation industry which is still reeling from the impacts of the Covid-19 pandemic.
Hapag-Lloyd is acquiring the container line business of German carrier Deutsche Afrika-Linien (DAL).
DHL Express has entered into a Crew and Maintenance agreement (CM) with Singapore Airlines (SIA) to deploy five Boeing 777 freighters marking a further step in the expansion of its intercontinental air network.
In a statement, it said SC Ports handled 230,420 twenty-foot equivalent container units (TEUs) at Wando Welch Terminal, North Charleston Terminal, and Hugh K. Leatherman Terminal in February, up 26% year-over-year.
The largest land port on the China-Mongolia border, Erenhot, has seen a significant rise in China-Europe freight trains this year, Chinese state media said, citing local railway authorities.
NEW GUANGDONG-HONG KONG SHIPPING ROUTE LAUNCHED
02 March 2022A new shipping route between Huangpu port in Guangzhou to Hong Kong has been recently launched by Chinese logistics company Sinotrans. In a report, state media said a new batch of containers loaded with frozen food departed on February 22 from th...
Cainiao Network, (Cainiao), the logistics arm of Alibaba Group, has announced the launch of its economy sea freight route to connect Ningbo, China to Bangkok, Thailand, amid surging e-commerce demand. In a statement, Cainiao said the service will op...
The Port of Los Angeles has unveiled new features to its Port Optimizer™, the country's first port community system that allows shippers, cargo owners, terminal operators and others to better predict and plan cargo at the busiest trade gateway in the...
The world's top three biggest ocean carriers have moved to temporarily halt operations to and from Russia amid sanctions implemented by Western countries following Moscow's invasion of its neighbour, Ukraine.
The World Shipping Council (WSC) — the primary industry trade association representing the international liner shipping industry — has issued a statement responding to what they call a "planned attack" on ocean carriers by United States' President Jo...
PORT OF ROTTERDAM HITS RECORD THROUGHPUT IN 2021
28 February 2022Port of Rotterdam reported record number of container throughput last year as volumes seen were back to pre-pandemic level driven by continuing surge in consumer spending. Europe's busiest container port shrugged off congestion issues and fewer s...
ONE SUSPENDS SOME BOOKINGS AS RUSSIA-UKRAINE CONFLICT ESCALATES
28 February 2022Ocean Network Express (ONE), has joined other liners halting port calls in Russia and Ukraine. The Singapore-headquartered ocean carrier suspended bookings at Odessa, Ukraine and Novorossiysk, Russia with immediate effect until further notice, as...
CHINA PORTS CONTAINER THROUGHPUT UP IN JANUARY
25 February 2022China saw its ports report "record" growth in cargo throughput for January amid the country's steady economic recovery, according to state media, citing data from the Ministry of Transport. In a report, Xinhua said cargo throughput at Chinese por...