SC Ports handled over 190,000 TEUs in March

South Carolina Ports (SC Ports) handled 193,085 TEUs and 107,084 pier containers in March, processing 15,692 vehicles. In the last month, SC Ports also honoured the five-year anniversary of Inland […]

Shanghai and Shenzhen see container decline amid slightly higher box volumes in China

The container throughput of the 12 major Chinese ports was 44.1 million TEUs in the first two months of the year, representing a year-on-year slight increase of 1.3%. In the […]

Hapag-Lloyd implements new rate increase from East Asia to North America

Hapag-Lloyd announced a general rate increase (GRI) from East Asia to North America for cargo transported in dry, reefer and special containers, including high cube equipment. More specifically, there will […]

PSA Terminal leads Nhava Sheva Port’s fiscal 2023 throughput growth

Nhava Sheva Port (JNPT), India’s busiest public gateway, logged an all-time throughput high in the fiscal year 2022-23, which ended on 31 March, according to the latest port data obtained […]

Container lines post strong earnings/TEU in 2022: Sea-Intelligence analysis

Shipping lines reported very strong financial results for 2022, according to the latest report by the Danish maritime data analysis company Sea-Intelligence. At the time of writing, 12 of the […]

Slow growth for major box ports in 2022

The 30 busiest container ports in the world saw slower growth in 2022, as inflation and economic uncertainties capped consumer spending. Alphaliner’s recent report, released today (29 March), stated that […]

Oakland’s container volumes drop in February

Port of Oakland reported another slow month for cargo traffic moving 153,837 TEUs in February, translating to a decline of 20.9% compared to the same month last year. According to […]

Ports America to invest in Gulfport terminal

The Mississippi State Port Authority has entered into a long-term lease and operating agreement with Ports America, the US largest terminal operator and stevedore. The Port of Gulfport and Ports […]

CMA CGM launches direct Bangladesh-Middle East service

CMA CGM Group announced the launch of a new service, named Bangladesh India Gulf Express (BIGEX). The French shipping company said it will be the first direct service that will […]

SITC realised nearly US$2 billion profit in 2022

SITC International Holdings, the holding company of Hong Kong-based intra-Asia carrier SITC Container Lines, has announced that its net profit went up by 67% on-year in 2022, to US$1.9 billion. […]

Yang Ming achieves record annual revenues and profits

Yang Ming Marine Transport Corporation marked new records in its annual revenues and profits in 2022 with the Taiwanese ocean carrier reporting consolidated revenues of US$12.61 billion and after-tax profits […]

ZIM withdraws China – Los Angeles loop

Israel’s major container carrier ZIM will cancel its Transpacific ZIM eCommerce Xpress (ZEX) service, according to the latest DynaLiners report. ZEX service launched in July 2020 and was operated by […]

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