Dalian Shipbuilding Industry Company (DSIC) and Guangzhou Shipyard International (GSI) have won orders for thirteen 16,000TEU dual-fuel container ships, their parent group China State Shipbuilding Corporation announced on 2 April. Describing the commission as CSSC’s largest ever for container ships, the world’s largest shipbuilding conglomerate said that the vessels will have a total contract value […]

Peel Ports Group has ordered two new ship to shore (STS) container cranes from Liebherr to equip the Port of Liverpool, which already operates five STS from the German-Swiss manufacturer. The new cranes will replace two older units, which will be relocated to Peel Ports’ Greenock Ocean Terminal at Clydeport. The new cranes have an […]

India’s largest container terminal JNPT endured a tough 2020 as volumes dipped below 5 million TEU for the first time in three years in the financial year ending March 2021, following a record 7% dip. JNPT handled 4.676 million TEU in 2020-2021 compared to 5.031 million TEU during 2019-2020. Moreover, JNPCT – run by the […]

Adani Ports and Special Economic Zone Ltd. (APSEZ) has acquired the remaining 25% of the Adani Krishnapatnam Port Ltd. making the company the sole owner of the facility for approximately US$382 million. Krishnapatnam Port is located on the east coast of India in Nellore district of Andhra Pradesh (180km north of Chennai Port) close to […]

The Saudi Ports Authority (Mawani) will extend the services of Jeddah Islamic Port for ship transfers and container offloading to support shipping lines stranded at the south end of the Suez Canal on the Red Sea coast. Mawani’s initiative is aimed at assisting the shipping logistics industry to manage the unexpected situation in the Suez […]

A group of senior industry figures have analysed the post-Ever Given Suez Canal grounding in a critical reflection of the handling of disrupted supply chains by the industry and they concluded that data-sharing and significant digital collaboration through ports, acting as co-ordinators, can manage supply chain disruptions, benefitting all the stakeholders. Critical incidents such as […]

The Suez Canal blockage has delayed vessel traffic to European ports during the week, while European bunker hubs continue to have readily available supplies of low sulphur fuels, according to Marine Bunker Exchange (MABUX). Some East Mediterranean ports have seen stems delayed and cancelled, including Limassol in Cyprus. At the same time, suppliers were able […]

With the US election finalised and Biden now in office, VesselsValue’s AIS & Trade Manager Charlotte Cook – analyses trade data for the container sector and the impact that his appointment is expected to have on US Container demand. Biden’s win came at a time when container ship rates were, and continue to be, sky […]

Tugs and dredgers surrounding the Ever Given are working towards a major attempt to free the vessel later today as the tide rises. Salvage teams from the Suez Canal Authority (SCA) have said that they have successfully moved the bow of the stricken ship five metres as the tide rises, but the best chance for […]