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Saturday, August 13, 2022

LATEST NEWS

Drewry reports changes to global port capacity forecast, presents leading terminal operators

Widespread container shipping trade recovery in the wake of the Covid-19 pandemic has boosted the global terminal capacity outlook, supported by global terminal operators’...

MSC enters hospital business with Mediclinic takeover

MSC is a member of a consortium that is expected to buy hospital chain operator Mediclinic International. The Swiss/Italian container carrier, along with South African...

Port of Seattle cuts carbon emissions by 46%

The Port of Seattle in the United States has published its annual greenhouse gas emissions inventory, showing that it has reduced emissions from its...

Maersk launches first Rijeka-Czech Republic direct cargo rail service

A regular rail link between Rijeka, Croatia and Paskov, Czech Republic via the Adriatic Gate Container Terminal (AGCT) commenced for the first time, according...

Yang Ming reports US$4 billion profit in 2022 H1

Yang Ming has announced that its net profit after tax and earnings per share (EPS) were US$4 billion (NT$116.11 billion) and US$1.1 (NT$33.25) respectively...

Newly opened Kijing container terminal set to boost Indonesia’s commodity exports

After four years of construction, Kijing International Port, the largest container terminal on Indonesia's Kalimantan island in the Borneo region, was inaugurated on 9...

Felixstowe strike poses challenge to supply chains

Port workers at Felixstowe are set to strike for eight days from Sunday 21 August until Monday 29 August, after rejecting the latest pay...

Downward trend to continue in the global bunker market

“Over the Week 32, MABUX global bunker indices continued firm downtrend,” said Sergey Ivanov, director of Marine Bunker Exchange (MABUX). The 380 HSFO index went...

Hapag-Lloyd posts strong financial results in 2022 H1

Hapag-Lloyd completed the first half of the year with an EBITDA of US$10.9 billion (€10 billion), EBIT of US$9.9 billion (€9.1 billion) and profits...

TSA launches new online Transportation Worker Identification Credential renewal process

The US government agency Transportation Security Administration (TSA) has strengthened the renewal process for the Transportation Worker Identification Credential (TWIC®) to help transportation workers. The...

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Felixstowe strike poses challenge to supply chains

Port workers at Felixstowe are set to strike for eight days from Sunday 21 August until Monday 29 August, after rejecting the latest pay...

Demand pressure cuts into carriers’ rate push on Indian trades

Container carriers serving Indian trades appear somewhat wary about their ability to realize full recovery of new rate increases of a significant level amid...

China yards dominate in boxship orders

Chinese shipyards hold the lion's share of container ship orders, with at least half of vessels under construction, followed by 34% for South Korean...

Surge in shipbuilding raises potential oversupply concerns

While some shipyards struggled to stay afloat during the initial outbreak of Covid-19, the post-pandemic environment is predicted to usher in an encouraging era...

Chittagong depots to raise charges by 42.5% amid diesel price hike

As the fuel oil price in Bangladesh saw a record hike on 5 August, the inland container depots in Chittagong have moved to raise...

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