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Port Houston exceeds 1 million TEU mark in first three months of 2024

In the first quarter of 2024, Port Houston experienced a significant surge in container volumes. From January to March, the US port handled 1,069,917...

Ulsan Port, Pacific Environment sign decarbonization deal

During Singapore Maritime Week, the Ulsan Port Authority (UPA) signed a Memorandum of Understanding (MoU) with Pacific Environment (PE), an international environmental organization, to...

Seoul earmarks US$2.5 billion to boost vessel capacity of smaller box lines

As part of plans to grow the locally owned container shipping fleet, the South Korean government will set aside around US$2.5 billion to increase...

Major container lines jointly launch Asia – East Coast South America service

Five of the largest ocean carriers are cooperating to introduce a new service connecting important ports in Asia with the East Coast of South...