Logistics enterprises towards green development

Green logistics is considered an important link in “greening” the supply chain to promote sustainable development. Grasping this trend, logistics enterprises are gradually participating in supporting the production and circulation […]

CMA CGM’s revenue and earnings shrink after last record year

French ocean carrier CMA CGM saw its revenue, earnings and profits plunge in the first quarter of the year, compared with the same period in 2022. In particular, the company’s […]

OOCL’s new mega vessel to enhance Asia-Europe network

Orient Overseas Container Line (OOCL) hosted the naming ceremony of a brand-new 24,188 TEU vessel at the Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) shipyard. The mega container ship […]

Container spot rates remain high despite weaker supply/demand balance

In this week’s “Shipping Number of the Week” from BIMCO, chief shipping analyst, Niels Rasmussen, looks at the fact that despite a 70-80% fall in freight rates, and worsening of […]

Reduction in containers lost at sea in 2022

In 2022, 661 containers were lost overboard, according to the annual report of World Shipping Council (WSC). This number represents less than one-thousandth of 1% (0.00026%) of the 250 million […]

DP World completes Vancouver port expansion

DP World and the Vancouver Fraser Port Authority have celebrated two historic events – the completion of the Centerm Expansion Project at DP World Vancouver, and the 100th anniversary of […]

ZIM reports 769,000 TEUs in the first quarter of 2023

ZIM Integrated Shipping Services, a worldwide container liner shipping firm, has released its consolidated results for the three months ending 31 March 2023. Carried volume in the first quarter was […]

Port of Los Angeles handles 688,000 TEUs in April

The Port of Los Angeles processed 688,110 TEUs in April, a 22% decrease compared to last April, which was the second busiest on record. Loaded imports in April 2023 totalled 343,689 […]

Global Ports brings two Liebherr mobile cranes into operation at VSC terminal

Global Ports Group, a leading operator of container terminals in the Russian market, has installed two Liebherr LHM550 mobile harbour cranes at its Far Eastern terminal Vostochnaya Stevedoring Company (VSC), […]

ZIM invests in Spinframe

In particular, ZIM led this investment as part of its strategy to invest in early-stage companies involved in the digitalisation of supply chains. Spinframe develops vehicle-inspection systems based on artificial […]

April container volumes increase at Saudi Ports

Saudi Ports Authority (MAWANI) announced that its container throughput in April 2023 grew at an annual rate of 13.34% from 601,429 TEUs to 681,663 TEUs as per monthly statistics. Container […]

Cyclone Mocha forces 60-hour operation closure at Chittagong port

The operations at the Chittagong port, Bangladesh’s prime seaport, had remained suspended over two days as the super cyclone Mocha approached and crossed the country on Sunday, 15 May. The […]

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