Wan Hai Lines’ chairman has authorised a US$1 billion budget for “asset acquisition and disposal”, as the Taiwanese liner operator appears to prepare for fleet expansion. The budget authorisation was announced at a shareholders’ meeting on 20 July, chaired by Wan Hai’s general manager Tommy Hsieh and independent director Lai Rung-nian. Hsieh and Lai explained […]

WCA (Liên minh hàng hóa thế giới – World Cargo Alliance) là mạng lưới giao nhận hàng hóa lớn nhất và mạnh nhất thế giới với thành viên là các freight forwarder độc lập. WCA có hơn hơn 7.313 văn phòng tại 191 quốc gia trên thế giới. Tổ chức này có chức năng cung cấp cho mỗi thành […]

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 […]