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Container ship contracting spree now exceeds 10 million TEUs

"When only six ships with a capacity of 4,746 TEU were contracted in the fourth quarter of 2023, many might have thought that the...

Canada rail strike averted, but ILA action looms

The Canadian rail lockout of union employees that went into effect on Thursday and threatened to disrupt North American logistics lasted only eighteen hours. Friday’s...

project44 data: Europe Ocean Peak Season Trends 2024

The ocean peak season marks a crucial annual event for companies preparing to import freight ahead of the holiday shopping period. Traditionally spanning from August...

TT warns container seals are being ignored to the detriment of cargo security

Though not a robust deterrent to determined thieves the humble seal plays a central role in identifying location, method and often perpetrators of cargo...

Essential Measures for Minimizing Disruption Amid Ningbo Port Closure: Container xChange

Container xChange, an online container trading and leasing marketplace, is alerting the global container trading and leasing community to the serious repercussions of the...

US container shipping braces for headwinds as peak season approaches

The US container shipping sector is cautiously approaching the peak season, with the upcoming US elections and labour negotiations poised to bring their own...

Monthly import cargo at US ports continues peak season surge

Monthly inbound cargo volume at the US major container ports could see a near-record surge this month as retailers bring in merchandise ahead of...

Another record-breaking month for container shipping demand from China to North America and North Europe

Ocean container shipping demand from China to North America and North Europe continued to break records in June as importers rushed to protect supply...

West Coast ocean rates slide on easing demand, increasing capacity

Ocean rates out of Asia were stable last week for most lanes, with prices remaining at about their mid-July highs for the year. But reports...

India now depends on Russia for 40% of its crude oil imports

During the past three months, India has relied on Russia for 40% of its seaborne crude oil import. Year-to-date, volumes have reached an average of...

Ocean container shipping market reaches a tipping point: Xeneta Analysis

The ocean container shipping market reached a tipping point in July, with long-term rates on major fronthaul trades showing signs of life just as...

Container ship fleet sees fastest growth in 15 years

Since the beginning of the year, the capacity of the container ship fleet has increased by 1.6 million TEUs. "Compared to one year ago, the...

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China’s expanding presence in African ports

Africa has become a focal point for China's Belt and Road Initiative (BRI), with the continent emerging as the largest recipient of Chinese engagement...

APSEZ signs 30-year deal to develop new berth at Deendayal Port

Adani Ports and Special Economic Zone (APSEZ), India’s major port developer and operator, has entered into a concession agreement with Deendayal Port Authority (DPA)...

Ports around the Red Sea area struggle with sharp decline in deep-sea calls

"We are now more than half a year on from the beginning of the Red Sea crisis, and the severe impact on the container...

Valenciaport’s solar plants operate at full capacity

Valenciaport's solar power generation facilities have been operating at full capacity during the summer months. Since their launch earlier this year and up until July,...

Major solar park set to transform port of Riga into green energy hub

On 9 September, an agreement was signed between the Freeport of Riga Authority and Lithuanian company SNG Solar for the lease of land in...