The government-imposed curfew in response to the protests, along with the ongoing internet outage, remains in effect, causing operations to continue being at a standstill. This situation is challenging, having […]
Danish ocean carrier Maersk will implement a Peak Season Surcharge (PSS) for shipments from India, Bangladesh and Sri Lanka to Bahrain for all dry containers starting 28 July 2024. Origin […]
In the first half of the year, Port of Rotterdam’s container throughput increased by 4.2% in tonnes to 67.1 million tonnes and by 2.2% in TEUs to 6.8 million TEUs. […]
Despite geopolitical and macroeconomic uncertainties, US containerized import volumes appear to be holding up very well, as evidenced by year-over-year volume gains. “We’re experiencing the strongest surge in volume we’ve […]
Ocean rates out of Asia climbed significantly last week, with the latest daily prices already at US$8,200/FEU to North America West Coast, US$9,300/FEU to the East Coast, US$8,600/FEU to North […]
In May, the port also climbed to the top spot in the United States for both total TEUs and total loaded TEUs. May’s total volume reached 790,758 TEUs, marking a […]
From January to May 2024, Chinese ports handled a container throughput of 132.8 million TEUs, marking an 8.8% increase year-on-year. During the same period, Shanghai Port’s container throughput reached 20.9 […]
The Panama Canal marked the eighth anniversary of its expansion by announcing an increase in both its draft and daily transits. These updates come as the Canal continues to address […]
The United States Federal Maritime Commission (FMC) designated HMM as a controlled carrier of the Government of the Republic of Korea and added it to the agency’s Controlled Carrier List. […]
Hapag-Lloyd announced that the California Central America Express (CCE) service, which connects the West Coast of the United States and Mexico with the West Coast of Central America, will have […]
Container freight rates on trades out of India have begun to rebound after recent downward corrections from the Red Sea crisis-linked highs, according to an analysis of market data for […]
The Panama Canal has announced that it will increase the number of daily transits from 32 to 33, starting 11 July. This number will further rise to 34 as of […]
