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Flood of new container ships: 2023-24 deliveries to break record
SHIPPING sticks to a time-honoured tradition: When shipowners make exceptionally high profits, they order a lot of new vessels. When...


Moderating growth helps Savannah Port to clear ship backlog
FOLLOWING months of a continuous backlog of containerships waiting for berth space, the Port of Savannah is projecting that moderating...


CX cargo volume shrinks 21pc, flights to be boosted in months ahead
HONG Kong's Cathay Pacific has posted a 21 per cent decrease in September's cargo tonnage compared to same month last year when cargo...


Classic 'boom and bust cycle' in container shipping industry
THE latest container logistics report published by Container xChange, an online platform for container logistic companies, shows that...


Maersk and MSC trim Asia-North Europe capacity as bookings founder
OCEAN carriers are suspending more headhaul services from Asia as global demand plummets with Danish shipping giant Maersk announcing it...


Massport completes Port of Boston upgrade
THE Massachusetts Port Authority (Massport) has completed the critical infrastructure investments, part of an US$850 million plan to...


Australia enjoys boom in shipping, NZ still affected by congestion
THE volume of shipping containers arriving at Australian ports has reached a two-year high at 1.67 million TEU in August. Statistics from...


Yangzijiang Shipbuilding gets US$2.5b orders for 22 newbuilds
CHINESE shipbuilder Yangzijiang Shipbuilding has sealed new shipbuilding contracts for 22 vessels worth around US$2.5 billion, taking its...


KSOE grabs US$1.15b deal from Maersk for six methanol-fuelled boxships
KOREA Shipbuilding & Offshore Engineering (KSOE) announced it has signed a contract with AP Moller-Maersk (Maersk), the world's largest...


Growth of US imports has 'run out of steam'
A NEW Global Ports Tracker report released last Friday by the National Retail Federation (NRF) shows that the heady growth of US imports...


Air cargo market stable despite declines in the past six months: IATA
DESPITE demand falling for the sixth month in a row in August, the International Air Transport Association (IATA) says the air cargo...


Hamburg port says Berlin should not block China Cosco acquisition
GERMANY's Hamburg Hafen und Logistik said the German government should not block a Chinese acquisition of a stake in a container...


Top 30 American ports show volume up while challenges persist
SCHEDULE reliability remains an issue for carriers, while issues regarding congestion continue as ports continue to look for answers, but...


Most NVOCCs struggle to monitor shipping container movement
THE Container xChange poll shows that 60 per cent of freight forwarders, NVOCCs, and traders, find it challenging to keep track of...


Air Cargo News names winners of its 2022 industry awards
A TOTAL of 15 companies walked away with prestigious Air Cargo News award at a grand ceremony in the UK. Some 230 people attended the...


Carriers find it easier to bypass Felixstowe port strike
OCEAN carriers have advanced ship calls and delayed others on the eve of the second eight-day strike at the UK's largest container Port...


Port of Savannah sets third monthly record as box volume surges
THE Georgia Ports Authority reported that the Port of Savannah set a new record for the number of containers handled during August,...

Port Houston claims another monthly TEU record
FOR the second time this year, Port Houston has set a record for monthly container volumes, handling 382,842 TEU in August, surpassing...


US ports face empty container pile-ups as supply chains recover
SHIPPING analysts are warning that North American ports could become overwhelmed by a build-up of empties as transpacific supply chains...


DP World lifts 10 millionth container at London Gateway
DUBAI's DP World has announced that its terminal at London Gateway has handled its 10 millionth container, just nine years after it...
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