Rotterdam sees TEU decline amid stable financial results

The Port of Rotterdam handled 13.4 million TEUs in 2023, translating to a 7% drop compared to the previous year’s figures. Additionally, the container throughput in tonnes was 130.1 million […]

Expanding supply to put brakes on rates

A rise in container capacity will halt the increase in freight on the major east-west trades according to Drewry’s latest tool, the Container Capacity Insight (CCI), launched on 20Β  February. […]

Welcome back from Lunar New Year break

We hope you had a rejuvenating and joyful Lunar New Year celebration filled with cherished moments with family and friends. Now that we’ve recharged our batteries and embraced the spirit […]

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Vietnam optimistic about economic growth in 2024

Although the 6-6.5 percent economic growth target for 2024 is challenging, the Government is highly determined to implement strong measures and strategies to reach the set goal. Government’s determination On […]

ONE reports over US$80 million loss in October-December 2023

Singapore-headquartered Ocean Network Express (ONE) experienced a notable decline in its revenues, earnings, and profits in the third quarter of fiscal year 2023 (October – December), in contrast to the […]

Georgia Ports near 5 million TEUs in 2023

Georgia Ports Authority (GPA) reported a 4% decrease in its December box volumes handling 422,300 TEUs and a 16% decline in its 2023 container throughput with 4.9 million TEUs. Higher […]

Yang Ming to launch upgraded PAS service

Yang Ming is set to enhance the PAS service in March, introducing an upgraded PAN-ASIA SERVICE that now includes Ho Chi Minh City, Vietnam. This collaborative initiative involves T.S. Lines, […]

Celebrate the Lunar New Year 2024 with exclusive special rates

As the vibrant and auspicious Lunar New Year approaches, we are excited to usher in the festivities with our valued customers. To mark this joyous occasion, we are thrilled to […]

ONE receives approval for ammonia dual-fuel vessel

Ocean Network Express (ONE) announced that it has received Approval in Principle (AiP) for a vessel equipped with Ammonia Dual-fuel technology. This achievement, combined with ONE’s investment in 12 methanol […]

Port of Rotterdam opens first charging station for electric trucks

Truckparkings Rotterdam Exploitatie (TRE) and the Port of Rotterdam Authority opened the first charging station for electric trucks in the Dutch port. The new station is located at the Bodaanweg […]

Container ships defy Panama transit trends

Panama Canal’s overall transit trends are down by 42% year-on-year in December, but container shipping is seeing a rise in transits as other vessel types divert from the waterway. In […]

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