Long Beach City Council approves resolution towards zero-emissions shipping

The Long Beach City Council unanimously approved the Ship It Zero Resolution 6-0. This resolution unites the ports of San Pedro Bay in their commitment to zero-emission ocean shipping by […]

ONE implements weight discrepancy surcharge in Asia-Europe trade

Ocean Network Express (ONE) has announced the imposition of a new penalty fee in case of incorrect declaration of cargo details at the time of booking. The Singapore-headquartered container line […]

MSC enhances its transpacific network

The Swiss/Italian container line MSC has upgraded its transpacific network, connecting Asia and the United States, launching a new service and updating two existing ones. MSC is expected to commence […]

China ports handled 116.5 million TEU from January to May

Chinese ports moved 116.5 million TEU from January to May of 2022, achieving a growth of 2.3% compared to the same period last year. Additionally, the cargo volume of Chinese […]

Tuna export to Canada soars

Vietnam’s tuna industry has bounced back strongly post-pandemic as export soared 72 percent year-on-year to 259 million USD in the first quarter of 2022, the highest in five years, according […]

PIL enhances intra-Asia network

Pacific International Lines (PIL) has introduced a new weekly direct service connecting ports in China, South Korea, Thailand, and Vietnam. The new service, known as China Thailand Vietnam Service (CTV), […]

US president Biden signs the Ocean Shipping Reform Act into law

US president Joe Biden signed into law the Ocean Shipping Reform Act (OSRA) on 16 June, which authorizes appropriations for the Federal Maritime Commission (FMC) for fiscal years 2022 through […]

Port of Los Angeles achieves third best cargo handling month in its history

The Port of Los Angeles processed 967,900 TEU in May, recording the third best overall month in its 115-year history. In the first five months of the year, the port […]

Cargo delays have caused US$5-10 billion losses for shippers during Covid-19 pandemic

The Danish maritime data analysis company, Sea-Intelligence has measured schedule reliability from the perspective of the cargo being moved. In the first phase, the analysts calculated what share of global […]

CMA CGM keeps air cargo results to itself, but spends big on aircraft

CMA CGM has spent some $753.3m in prepayments on its aircraft orderbook, up from $723.2m at the end of 2021, following its recent order for two 777 freighters, set to […]

Shanghai port congestion returns to normal

As Shanghai springs back to life after two months of lockdown, congestion at the port is almost back to normal, according to the latest data from VesselsValue. At the height […]

Busan Port Authority establishes carbon neutrality roadmap

The Busan Port Authority (BPA) aims to turn green under its new ‘2050 Comprehensive Plan for Carbon Neutrality of Busan Port’ plan. Under the scheme, the port authority will analyse […]

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