Mediterranean Shipping Company (MSC) is leading the way both in ship demolitions and ship purchases. Cash buyers said that MSC has scrapped 15 vessels so far this year, with the last two torched ships being the 1988-built 2,073 TEU MSC Denisse and the 1989-built 2,918 TEU MSC Levina. Global Marketing Systems noted that the MSC […]
Knowing where in your operations the carbon is produced is the first major step in the green transition, for a diverse company like DP World which has port and inland operations as well as the shipping transition to contend with. Speaking exclusively to Container News, DP World’s senior vice president of investor relations Redwan Ahmed put into […]
Chinese port operator COSCO SHIPPING Ports reported that its total throughput in September rose by 7.9%, compared with the same month last year, reaching around 9.3 million TEUs. From the start of the year, COSCO SHIPPING Ports has seen more than 77.83 million TEUs in its ports and terminals worldwide, translating to a slight increase […]
Inditex, parent company of fashion brands such as Zara and Massimo Dutti, has partnered with Maersk to reduce its global greenhouse gas (GHG) footprint from seaborne logistics by incorporating alternative fuels. Through the ECO Delivery Ocean programme, Maersk replaces fossil fuels on its ships with green fuels, like green methanol or second generation biodiesel based […]
Emilia Sánchez Emilia Sánchez has been named the Port of Oakland’s new Director of Engineering. Sánchez started as an Engineering Project Manager at the Californina port in February. She is the port’s first Latina and the first woman to hold this position of leadership. Furthermore, Sánchez worked for BART (Bay Area Rapid Transit) for over a […]
CMA CGM has announced a new peak season surcharge (PSS) from the Indian Subcontinent, Middle East Gulf, Red Sea and Egypt to the US East Coast & US Gulf. The French ocean carrier will apply a US$200 surcharge for all container types, which will be effective from 1 November 2023 (gate-in date).
Hapag-Lloyd announced a General Rate Increase (GRI) from Asia, excluding Japan, to the West Coast of Latin America, Mexico, the Caribbean and Central America. The new GRI will apply to cargo transported in 20’ and 40’ dry containers, including high cube equipment and 40’ non-operative reefers and will be effective from 16 October until further […]
After a busy July that saw the Port of New York and New Jersey achieve its highest total container volume since October 2022, August saw the port’s activity fall to pre-pandemic levels. The port handled 662,740 TEUs (366,339 containers) in August compared to 843,191 TEUs (466,640 containers) in August 2022, a 21.4% decline, bringing its […]
Orient Overseas Container Line Ltd. (OOCL) has introduced the new China Cambodia Thailand Service (CCT1 & CCT2) that is expected to strengthen its intra-Asia network. The two loops, CCT1 and CCT2, aim to enhance OOCL’s coverage in the region and provide customers with competitive and reliable shipment options. CCT1 and CCT2 will connect several ports in […]
Source: Photo courtesy of the Port of Los Angeles Renault Group, Volvo Group and CMA CGM Group join forces to address the growing need for decarbonised and efficient logistics with an all-new generation of electric vans. Renault and Volvo have created a new company managing the development of an all-new generation of electric vans and […]