Sector
Shipping
MAERSK EXPANDS FOOTPRINT IN BANGLADESH
08 February 2022A.P. Moller – Maersk (Maersk) said it is expanding its footprint in Bangladesh with a bonded warehouse at Chattogram, a large port city on the southeastern coast of the country. Maersk said it is strengthening its operations in Bangladesh while n...
The Panama Canal said ships using the waterway have contributed to carbon dioxide (CO2) reduction last year compared to using other alternative routes. It noted a CO2 reduction of 16 million tonnes of equivalent emissions in 2021 or 3 million ton...
Container line schedule reliability dropped to its lowest ever recorded last year, while also recording a "staggering" drop from levels seen before the onset of the Covid-19 pandemic. In a new report, Sea-Intelligence said schedule reliability dr...
STUDY: WORLD'S BIGGEST FIRMS — INCLUDING THOSE IN LOGISTICS — FAILING OVER NET ZERO PLEDGES
07 February 2022Some of the world's biggest companies — including those in the logistics industry — are falling short on their carbon neutrality targets according to a new research by NewClimate Institute.
ZIM EXPANDS LATIN AMERICA SERVICE
04 February 2022ZIM Integrated Shipping (ZIM) has announced the enhancement of its Latin America regional services, including the introduction of a new Venezuela feeder (VEX) and the upgrade of two existing lines, Central America Express (LAF) and West Coast Central...
SEA-INTEL: NON-ALLIANCE SHARES DOUBLE ON TRANSPACIFIC
04 February 2022Non-alliance container lines have seen a "very substantial increase" in the share of capacity offered outside the alliances during the Covid-19 pandemic — particularly on Transpacific, according to a new report by Sea-Intelligence. The maritime a...
‘CONTAINER DWELL FEE’ AT PORT OF LA, LONG BEACH FURTHER POSTPONED
04 February 2022The two San Pedro Bay ports — Los Angeles and Long Beach — announced that they will wait until February 11 to consider the start of the “Container Dwell Fee” after already deferring the implementation of the measure several times in the past due to i...
The Port of Los Angeles and the Port of Long Beach have announced that consideration of the “Container Dwell Fee” will be held off another week, until February 4 still citing improved cargo movement in North America's busiest cargo ports. In a s...
PORT OF LA, PORT OF SHANGHAI CREATES FIRST TRANSPACIFIC GREEN SHIPPING CORRIDOR BETWEEN US, CHINESE...
28 January 2022Los Angeles and Shanghai have announced a partnership of cities, ports, shipping companies and a network of cargo owners to create a first-of-its-kind green shipping corridor on one of the world’s busiest container shipping routes. Convened by C4...
SCHEDULE RELIABILITY DROPS TO RECORD-LOW IN DECEMBER 2021
27 January 2022Container line schedule reliability dropped to its "historic low" in December, recording a -1.2 percentage points month/month decline to 32.0% at the end of 2021, according to a new report by Sea-Intelligence. In a statement, it said schedule re...
XENETA: US EAST COAST HAS BECOME MORE ATTRACTIVE TO SHIPPERS
27 January 2022The East coast ports in the United States (US) have become more attractive to shippers importing from the Far East as congestion on the west coast intensified, according to the recent report of ocean and air freight rate benchmarking and market analy...
SEATTLE, TACOMA PORTS SAW VOLUMES INCREASE 12.5% IN 2021
21 January 2022The Northwest Seaport Alliance (NWSA) — composed of seaports of Seattle and Tacoma — said its full-year 2021 volumes improved 12.5% to 3,736,206 twenty-foot equivalent units (TEUs) driven by the continued expansion of consumer demand.
The Port of Los Angeles and the Port of Long Beach announced once more that it will delay consideration of the “Container Dwell Fee” for another week, this time until January 28 citing improved cargo flow in North America's busiest ports.
Kuehne+Nagel (K+N) said according to its newly-launched freight disruption indicator, supply chain challenges remain in some of the world's busiest ports — most of them happening in North American ports.
PORT OF LA CITES DIGITALIZATION, CYBERSECURITY FOCUS FOR 2022
20 January 2022Port of Los Angeles (Port of LA) saw its volumes break records last year despite congestion issues that bogged the port.