The construction of two storage and manoeuvring yards in the Inner Port has been completed, with a total area of approximately 20,000 m², as well as access roads, a railway track connector, and the necessary electrical, water and sewage, fire-fighting, and telecommunications infrastructure. All of the work has been done, and the grain warehouse acceptance […]
South Korea’s Dongwon Group and Harim Group will be vying to take control of the country’s flagship box line HMM. Dongwon, South Korea’s largest fishing group, and Harim, parent of the country’s largest dry bulk shipping business Pan Ocean, submitted their entries when the one-day tender closed at 5pm local time on 23 November. South […]
French ocean carrier CMA CGM has announced new Freight All Kinds (FAK) rates from Asia to North Europe, the Mediterranean and North Africa. The following increased rates will be effective from 15 December until further notice and will be applied to dry, out of gauge (OOG), paying empties and reefer cargo. 20’GP 40’GP/40’HC/40’REEFER Asia to […]
A container truck departing Kaohsiung port was left half hanging in mid-air after the driver lost control and hit the guardrail of a highway in the city. Taiwanese police said that the accident, which happened around 9.20 am (local time) on 16 November, is believed to have been caused by speeding along National Highway 1, […]
Mr. Vo Quoc Huy, Chairman of Long An Port JSC, and Mr. Mario Cordero, Chief Executive Officer of Port of Long Beach, signing the Letter of Intentat 5:00 p.m., November 15, 2023 in San Francisco, California, USA Vietnam’s Long An International Port and California’s Port of Long Beach signed a letter of intent on 15 […]
Port of Hamburg: Slight recovery for container handling Port of Hamburg handled 2 million TEUs in the third quarter of the year, achieving a year-over-year increase of 2.4%. However, with 5.84 million TEUs, the German port has moved fewer containers (-7.4%) in the first nine months of 2023 compared to the same period in the […]
Hamburg-based container line Hapag-Lloyd has decided to upgrade its Asia-West Africa (AWA) service, effective from 5 December. The German ocean carrier said it will establish “an extended port coverage from Asia to South West African ports”. The new rotation will include direct port calls in Kribi, Cameroon and Walvis Bay, Namibia. The updated port rotation […]
For October 2023, the Saudi Ports Authority (Mawani) announced a 5.31% growth in container handling throughout its ports. A total of 741,905 TEUs were handled, translating to an increase over the 704,486 TEUs handled in the same month in 2022. The number of exported containers increased by 9.72% in October, reaching 224,822 TEUs, up from 204,903 […]
Safmarine Bayete / Source: VesselFinder Nearly US$10 million of cocaine was seized from a Maersk ship after the vessel arrived in Tauranga, New Zealand. The drugs were concealed in the engine compartment of a refrigerated container that held bananas, New Zealand Customs Service said on 14 November. The vessel called at the port five days […]
ZIM Sammy Ofer in Panama Canal Israeli container line ZIM has announced a net loss of US$2.27 billion in the third quarter of the year, while the company achieved a US$1.66 billion net income in the same period last year. Similarly, adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of the company sank by […]