Dredging for Shenzhen port’s western section

Capital dredging will be carried out to widen the waterways in the western section of Shenzhen port in China. This will enable fully loaded 9,000 TEU ships and partially loaded […]

CMA CGM to levy surcharges for overweight India-US shipments

French container line CMA CGM has implemented a hefty surcharge on overweight containerised shipments moving from India to the US and Canada. 20-foot standard containers weighing over 20 MT, including […]

Port of Oakland resumes operations

Port of Oakland has announced that its marine terminals have resumed operations since Saturday, 23 July, after several days of disruption by truck drivers protesting the worker law AB5. “The Port of Oakland […]

Long-term freight rates for Australia and New Zealand imports hit record levels

The average of all long-term freight rates in Australia and New Zealand imports reached new highs in July, according to this week’s update of the container rate platform, Xeneta. In […]

Port of Rotterdam boosts revenues and investments amid container volume drop

The ongoing crisis between Russia and Ukraine is one of the main reasons for the 4.4% decline in container volumes of the port of Rotterdam in the first half of […]

China’s Yangpu port to undergo expansion

Yangpu port in China’s Hainan island will expand its container handling capacity with the construction of five new berths to meet rising throughput. The new pier is to be developed […]

Port of Oakland approves US$480 million budget for fiscal year 2023

The Oakland (US) Board of Port Commissioners has approved a 2023 fiscal year budget of US$480 million. This operating budget projects a 9% increase in passengers at the Port’s Oakland […]

Port of Mobile reports increased TEU volumes in 2022 first half

Container volumes at the Port of Mobile in the United States have increased significantly during the first six months of the year. The port’s most impressive growth is noticed in […]

Port of Long Beach to receive state investment for port and supply chain projects

The officials of Port and City of Long Beach in the United States praised the approval and signing of the 2023 California state budget, which is expected to bring state […]

Port Houston achieves busiest month in its history

Record-breaking activity continues at Port of Houston public terminals. According to Port Houston executive director, Roger Guenther, business remains strong for container and general cargo terminals, with 21.6 million tonnes […]

Chittagong attains 5% box growth, export earnings cross US$52 billion mark

The Chittagong port has achieved a 5.1% increase in container handling in the fiscal year 2021-22 which ended on 30 June. The port’s cargo handling saw nearly 4% growth and […]

Global trade records US$7.7 trillion in 2022 first quarter

The value of global trade increased by approximately US$1 trillion in the first quarter of the year, reaching US$7.7 trillion compared to the same period last year, according to United […]

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