Global container congestion persists to wreak havoc on supply chain operations all around the globe. Global shipping has been facing erratic consumer demand, factory shutdown, and pandemic restrictions that have hampered port operations for months. As an outcome, empty containers are scarce where they are needed. The Ever Given mishap has compounded the shortage as […]

The Port of Virginia set a new June cargo volume record having handled more than 281,000TEU, which represents an increase of nearly 71,000 units year-over-year. June was the tenth consecutive month of record-breaking volumes for the port and helped push its total TEU volume for the fiscal year 2021, which began on 1 July 2020 […]

The US rail company, Union Pacific has confirmed the suspension of rail shipments from the US West Coast, which starts today, on 18 July. In particular, Union Pacific will halt all the eastbound movements from the West Coast Port Terminals moving to its Global IV facility in Chicago for around a week. The suspension includes […]

Some of the largest and most crucial container gateways of the world are in the United States. The following list of the busiest container ports in the US includes important box hubs, which contribute significantly to the country’s economy, while they also allow container movement across the oceans, supporting and facilitating global trade. Port of […]

The most famous container ship in 2020, Ever Given has returned to its sailing towards European destinations, but it is forced to drop the Hamburg port call “because of concerns surrounding navigation safety”. “The vessel needs to follow the guidance outlined in its seaworthiness certificate to sail at lower speeds and to call only Rotterdam […]

The European shipping companies Hapag Lloyd and CMA CGM have announced new charges from several Asia regions to various destinations worldwide, which will take effect from late July and August. Firstly, Hapag-Lloyd will implement a General Rate Increase (GRI) of US$300 per standard TEU and US$600 per standard and high cube FEU, from Bahrain to […]

COSCO Ship Holdings (CSH) has ordered ten ships, comprising six 14,092TEU vessels and four 16,180TEU ships from affiliate COSCO Shipping Heavy Industry (Yangzhou). The 14,092TEU ships cost US$146 million and are scheduled for delivery from December 2023 to September 2024. The 16,180TEU vessels are priced at US$155 million and are expected to be delivered within […]

The Port of Los Angeles (POLA) had the busiest June in its history, handling 876,430TEU, which represents an increase of 27% compared to the same month of last year, and a growth of 15% compared to the previous June record in 2019. Specifically, the imports conducted during June were 467,763TEU, noting a rise of 27%, […]

Evergreen Marine Corporation is reported to have ordered 6,000 new reefer containers from the Chinese manufacturers, Guangdong Fuwa Equipment Manufacturing (Fuwa), according to the Taiwan Stock Exchange Inc. & Taipei Exchange. The cost of the supposed acquisition will be US$39.975 million. Fuwa which is said to be the builder of the new reefer units is […]