Adani Ports signs Letter of Intent to develop Colombo’s West Container Terminal in Sri Lanka. Source SLPA. Adani Ports & SEZ announced it has signed a Letter of Intent (LoI) with the Sri Lankan government to develop and operate the strategic West Container Terminal (WCT) at Colombo Port. Adani will develop the controversial WCT on […]

In 2019 the expectation was that 2020 would be all about the sulphur cap. As it happened the switch to low sulphur fuels was pretty much seamless and the world had other things to concern itself with. Even so some misconceptions around VLSFO remain. IMO 2020 compliant fuels have been in use for over a […]

Zhonggu Logistics will start the China-Vietnam 1 (CV1) service, its first overseas route on 20 March. Source: https://www.vesselfinder.com China’s largest domestic container carrier, Zhonggu Logistics, will launch its first overseas route, a China-Vietnam service, on 20 March. The China-Vietnam 1 (CV1) service will call Shanghai, Ningbo, Ho Chi Minh and back to Shanghai, and marks […]

CMA CGM and Hapag-Lloyd have published new prices in North Africa and the Mediterranean from April. Source: https://www.vesselfinder.com CMA CGM and Hapag-Lloyd have announced new rates in North Europe and the Mediterranean, which will take effect on 1 April. Firstly, CMA CGM will implement a peak season surcharge of US$500 per TEU from Red Sea […]

Global Ports said that Portchain’s intelligent berth planning system will be an effective technology enabling its customers to monitor berths and cargo handling status in real time. Global Ports have launched earlier in March a new digital project to optimise the allocations of berths at First Container Terminal (FCT) and Petrolesport (PLP) in the Greater Port […]

Maritime Transport and DB Cargo UK operate a new rail service, which connects the Port of Felixstowe with East Midlands Gateway. Maritime Transport and DB Cargo UK have launched a new rail service from the Port of Felixstowe to the East Midlands Gateway (EMG). The new service has commenced on 15 March and run five days […]

“We are seeing some worrying signs in Europe, such as lockdowns in France and now Germany, but we have not seen any negative variance in the volume we are receiving from customers, which is a very encouraging sign”     Strong demand and high freight rates for air cargo and container shipping in the third […]

Global container shipping rates have risen to record levels due to spike in storage demand in the United States and Europe, shortage of containers at export hubs and changes in shipping flows due to the Corona virus pandemic.     Shipping sources said that global container shipping rates have risen to record levels due to […]

Yang Ming has just become the latest container shipping line to provide customers with online quotation and reservation tools.     The Taiwan-based carrier uses the same technology supplier that country carrier Evergreen Line has used for the past year. Yang Ming will use the quotation and booking platform developed by BlueX Trade, a software vendor […]