Port of Long Beach sets US$760 million budget for 2025

The Long Beach Board of Harbor Commissioners has approved a US$760 million budget for the Port of Long Beach for the 2025 fiscal year, setting a plan in motion to […]

MSC commences new Asia services

MSC announced the launch of its new service, Britannia, which will enhance port connections via a unique corridor from China and Vietnam to Liverpool, UK. This new loop offers access […]

Los Angeles Harbor Commission approves US$2.6 billion budget

The Los Angeles Harbor Commission has approved a US$2.6 billion budget for the City of Los Angeles Harbor Department for the fiscal year 2024/25. “This year’s budget takes a prudent […]

Port congestion disrupts almost half Asia-Europe sailings

Nearly half of all Asia-Europe westbound sailings have failed to depart on time as congestion escalates in Asian ports. Linerlytica’s latest report says last week only six out of 11 […]

CMA CGM updates freight rates worldwide

CMA CGM, the French carrier, has announced Freight All Kinds (FAK) rates effective from 1 July 2024, for shipments originating from North Europe, West Mediterranean, East Mediterranean, Black Sea, and […]

COSCO switches 16,000 TEU quartet to run on methanol

COSCO Shipping Lines has announced that it will switch four 16,000 TEU newbuildings to be dually fuelled with methanol, from conventional fuel. The company said this is in line with […]

Yang Ming to join league of 24,000 TEU ships

Yang Ming Marine Transport’s management has hinted that the company will enter the league of 24,000 TEU boxship owners. Speaking at a shareholders’ meeting after releasing the Taiwanese liner operator’s […]

Singapore congestion reaches 2 million TEUs

Congestion at the port of Singapore has reached 2 million TEUs, according to consultancy Linerlytica, which has said that equipment shortages and a lack of tonnage had conspired to raise […]

Port of Melbourne handles 270,000 TEUs in April

The Port of Melbourne has announced its trade figures for April, revealing a substantial 11.7% year-on-year increase in container throughput, reaching a total of 270,000 TEU. Full container import volumes […]

Port Houston Posts Double Digit Box Growth – Container Volumes Up 12 Percent Through April

Port Houston continues to exceed last year’s container volumes and is up 12% through April with 1,394,094 twenty-foot equivalent units (TEUs). In the month of April, 324,177 TEUs moved through […]

Qingdao Port’s fully automated terminal set a new world record for the eighth time

  Recently, the fully automated container terminal at Qingdao Port achieved average efficiency of 52.7 units/hour for single crane during the handling operations of the ship “NYK VENUS”, setting a […]

Georgia Ports auto volumes up 44 percent in April

In its busiest month ever for autos and heavy equipment, the Georgia Ports Authority handled a record 80,600 units of Roll-on/Roll-off cargo in April, an increase of more than 44 […]

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