The Shenzhen delegation together with Port of Gothenburg officials / Source: Gothenburg Port Authority Last week, a delegation of 20 individuals from the port of Shenzhen in China visited the Swedish port of Gothenburg to sign a sister port agreement. The agreement’s goal is to increase cooperation between the two ports on issues such as […]

Wan Hai Lines established a non-port office in India for the first time in response to the domestic demand in the country’s inland, aiming to expand into the Indian market. The Taiwanese ocean carrier has now five owned offices in the country, including facilities in Mumbai, Chennai, Mundra, Vizag, and the new office in Delhi. […]

Container exports from Port Houston continue to exceed the previous year’s figures with loaded exports being up 17% year-on-year, driven mainly by increased demand for resin exports. Through April, Port Houston handled 1,026,260 loaded TEUs, breaking the million-TEU barrier earlier than ever before. Import container traffic was predicted to decline this year compared to the […]

COSCO SHIPPING Heavy Industry (Yangzhou) began construction works on the second 700 TEU electric container ship (N998) owned by COSCO SHIPPING Development on 8 May. The 700 TEU electric boxship is an important initiative of COSCO SHIPPING Development aiming to promote the “carbon peaking and carbon neutrality” push for green zero-carbon shipping demonstration. The ship […]

HMM is reportedly attempting to buy back the liquefied natural gas (LNG) shipping unit that South Korea’s flagship carrier divested back in 2014 when it began facing financial troubles. The LNG shipping unit was sold to South Korean private equity firms IMM Private Equity and IMM Investment for US$375 million and renamed Hyundai LNG Shipping. […]

Port of Long Beach in California, US According to the Global Port Tracker report released recently by the National Retail Federation (NRF) and Hackett Associates, import cargo volume at the United States’ major container ports is recovering from a nearly three-year low in February but it is expected to remain well below last year’s levels. […]

ONE Stork at the Port of Halifax The 14,000 TEU container ship ONE Stork is the first upsized EC5 vessel that has arrived at the Port of Halifax in Canada. The boxship with 364 metres in length overall arrived at PSA Halifax Atlantic Hub on 26 April. PSA Halifax Atlantic Hub terminal has a quay […]

South Korea’s flagship carrier HMM has backed out of the Korea-Thailand Express (KTX) service which it was codesharing with its compatriot regional carrier Korea Marine Transport Company (KMTC Line). Primarily an ocean-going shipping company, HMM has announced that it will open an intra-Asia cross network (ICN) service, an independent pendulum (clockwise) route within Asia. Six […]

Konecranes Automated Stacking Cranes Konecranes will supply the Port of Virginia with 36 Automated Stacking Cranes (ASCs) as part of a significant capacity expansion investment and as part of the port’s continued efforts to increase operational efficiency, capacity, and competitiveness in the global shipping industry. The order is worth more than US$143 million and will […]

MSC Tessa MSC has decided to strengthen its intra-Asia network aiming to provide new direct connections, as well as improved transit times and increased capacity. The following upgraded services will come into effect in June 2023. MSC announced it will improve its Seagull service to directly connect central China with Indonesia, as well as Vietnam […]