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Samsung files FMC complaint against ZIM

South Korea’s leading electronics maker Samsung Electronics has joined the list of shippers who have complained about mainline operators’ conduct to the US Federal Maritime Commission (FMC). On 26 October, Samsung Electronics’ New Jersey subsidiary accused ZIM Integrated Shipping Services of imposing thousands of detention and demurrage (D&D) charges, when the Israeli carrier did not […]

Port of Melbourne sees box traffic growth

In September 2022, the total container throughput increased by 8.2%, compared to the same month last year, at the Port of Melbourne, which handled a total of 287,350 TEUs. Additionally, the Australian port’s container volume from January to September 2022 has increased by 7.3%, according to the port’s data. Last month’s full overseas imports are […]

What’s happening in the container market?

Following a period of historically high freight rates, the container sector is now experiencing a correction. The container freight market is said to have peaked, as demand concerns linked to the health of the global economy have dulled sentiment somewhat. This has led to reduced demand across the container sector, easing port congestion across Chinese […]

Taipei allays concerns over COSCO’s influence in Kaohsiung port

Port of Kaohsiung in Taiwan Taiwan’s Ministry of Economic Affairs (MOEA) has assured that there is a low risk of mainland Chinese influence in the country’s ports after opposition lawmaker Hwang Kuo-chang brought the ministry to the attention of an article in French publication Le Point. The article alleged that the Chinese government, through the […]

CMA CGM introduces new US$500/TEU overweight surcharge

After MSC’s decision to revise overweight surcharges for Indian export containers, CMA CGM has also announced a new surcharge of the same kind. Effective today (21 October), the French ocean carrier will apply an overweight surcharge of US$500 per TEU with a container gross weight equal to or over 20 tons from the Indian Subcontinent, Middle East […]

Dockworkers strike fears at Port of Mobile amid record container volumes

APM Terminals Mobile A potential dockworker strike might launch at the Port of Mobile in Alabama, US as the International Longshoremen’s Association (ILA) Local 1410 and CSA Equipment Company, a stevedoring provider at the port, do not come to an agreement on workers’ payments. The union members seem to have turned down a third company […]

Box volumes at Mundra Port slip amid trade slowdown effects

Mundra Port, India’s busiest container harbour, saw a noticeable fall in container movement last month. According to exclusive data obtained by Container News, the volume of containers handled at the Adani Group’s flagship port in September declined nearly 6% month on month to 522,483 TEUs, from 554,184 TEUs in August. Of this, the Adani-controlled terminals contributed […]

Long Beach reports box decline in September

Port of Long Beach (POLB) saw its container volumes decrease slightly by 0.9% in September to 741,823 TEUs. The Californian port said diminishing consumer demand, full warehouses and inflation concerns led to the decline. According to the port’s data, imports decreased by 7.4% to 342,671 TEUs, exports increased by 1.9% to 112,940 TEUs, while empty […]

CMA CGM: No single fuel can achieve carbon zero

French shipping giant CMA CGM believes that there is no one fuel that can achieve the industry’s move towards decarbonization in 2050, and that all eligible fuels should be explored. Speaking at the Singapore International Bunkering Conference today (7 October), CMA CGM’s Vice-President for Bunkering and Energy Transition, Farid Trad said, “We’re investing in assets, […]