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 […]

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, […]

CMA CGM A. LINCOLN / Source: www.vesselfinder.com CMA CGM has announced new peak season surcharges (PSS) from North Europe to Central America and the Caribbean that will be effective in November. The French carrier will apply a US$150 surcharge from North Europe, Scandinavia and Poland to Windward, Guyana North Brazil, Trinidad & Tobago for dry […]

According to the latest port data secured by Container News, the pace of Indian containerised trade flows has begun to slow down after recording strong growth last fiscal year. Nhava Sheva/JNPT, India’s largest public handler, saw volumes drop sequentially over the July-September quarter. The port handled 481,595 TEUs last month, decreasing from 497,568 TEUs in August […]

One of Sinokor Merchant Marine’s container ships, the 1,050 TEU Niigata Trader, apparently leaked 1.6 kilolitres of marine fuel into the waters around South Korea’s Yeosu port yesterday, after its fuel tank was damaged while it underwent repairs. The ship, which plied the South Korea-China-Hong Kong-Vietnam route, arrived at repair yard Yosu Ocean on 19 […]

Container handling at Bangladesh’s prime seaport, Chittagong, fell significantly in September with only 101,493 TEU of import goods laden boxes handled in the month compared to 120,470 TEU in September last year. At the same time, the handling of export goods laden containers also decreased to 63,803 TEU in September from 75,697 TEU in August […]

Indian exporters – now relieved to see some moderation in sky-high freight rate levels amid slowing volumes – have a new cost burden to deal with: a government tax levy. The setback follows the end of previously-granted federal exemptions from the applicability of Goods and Service Tax (GST) on export freight. GST, a unified national […]

Chinese container ports have seen a 4.1% increase in the period January-August 2022, compared with the same months last year, with 194.4 million TEU. In the same period, China’s ports have moved 10.24 billion tons, which represents a marginal 0.1% year-on-year decrease. The chart below shows the cargo throughput and container throughput data of the […]

Containerships VIII CMA CGM’s subsidiary, Containerships has integrated the port of Hamburg into its liner service BALT1. The intra-European liner service “BALT-1” started in Hamburg on 23 September with the departure of the vessel Containerships VIII. The new service is expected to increase the frequency of sailings between the ports of Hamburg, Rotterdam and Teesport […]

Port of Hamburg The Halifax Port Authority and Hamburg Port Authority have announced their collaboration to decarbonise the shipping corridor between Halifax, on Canada’s east coast, and Hamburg, along Germany’s northwest coast. The leaders of the two port authorities, Jens Meier, CEO of the Hamburg Port Authority, and Captain Allan Gray, president and CEO of the […]