Kalmar, part of Cargotec, has signed an agreement to acquire the product rights of the electric terminal tractor product line from Lonestar Specialty Vehicles...

Rates & Surcharges

CMA CGM applies new FAK rates from Med to US East Coast & US Gulf

Ioanna Kontos - August 25, 2023 0

CMA CGM has announced new Freight All Kinds (FAK) rates from all Mediterranean ports including Malta, France (Fos/Marseille), Italy, Spain (Algeciras, Valencia, Barcelona, Sagunto),...

News

GAC expands operations in East Malaysia

Container News Team - August 24, 2023 0

GAC Malaysia, a provider of shipping and logistics solutions in Southeast Asia, has opened a new office in Kota Kinabalu expanding its presence in...

Port News

Port of Hamburg handles 58.2 million tons

Container News Team - August 24, 2023 0

Port of Hamburg recorded a gain of 7.7% in bulk cargo throughput at 19 million tons. More specifically, the first-half general cargo throughput was 11.1%...

News

Inchcape Shipping Services appoints new regional CEO

Ioanna Kontos - August 24, 2023 0

Harun Duzgoren has been appointed regional chief executive officer for the Americas by Inchcape Shipping Services (ISS), a global leader in port agency and...

Port News

Port of Oakland container volume on the rise in July

Container News Team - August 24, 2023 0

Port of Oakland’s loaded container volume in July climbed to its highest level since October 2022. More specifically, full TEUs grew 16.8% in the previous...

Industry Opinions

Latest data is ‘a wake-up call’ for shippers, as Xeneta argues now is the time to negotiate long-term rates

Ioanna Kontos - August 24, 2023 0

Xeneta believes long-term ocean freight rates may have started bottoming out after around a year of persistent, often dramatic monthly falls. The Oslo-based benchmarking...

Port News

Port of Los Angeles moves nearly 685,000 TEUs in July

Ioanna Kontos - August 24, 2023 0

The Port of Los Angeles handled 684,291 TEUs in July, translating to a significant 27% decrease from the previous year's record month. In particular, loaded...

Port News

Port Houston reports record July for TEU volumes

Container News Team - August 23, 2023 0

Port Houston has announced record container volumes in July with a total of 344,163 TEUs, a 5% increase from July 2022. Additionally, 2,202,538 TEUs...

Port News

Jeddah Islamic Port achieves record monthly box throughput

Container News Team - August 23, 2023 0

Saudi Arabia's Jeddah Islamic Port handled 491,197 TEUs in July, setting a new record for the largest box volume ever processed across its facilities...

CMA CGM implements congestion surcharges in Turkish port

Container News Team - August 23, 2023 0

Marseille-based container line CMA CGM will apply new port congestion surcharges (PCS) in the Turkish port of Iskenderun. CMA CGM will introduce a surcharge of...

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