Porto Itapoá HMM adds Porto Itapoá to FIL (Far East – India – Latin America) service port rotation that connects Latin America to important Asian ports such as Busan (South Korea), Shanghai (China), Singapore, Jakarta (Indonesia) and Kattupalli (India). The first ship to dock in Itapoá port will be the Hyundai Shanghai, which is expected […]
The Port of Yokohama handled 225,523 TEUs in total in February, representing an 8.9% decrease from the same month in 2022. In particular, exports and imports of the Japanese port accounted for 199,510 TEUs overall, falling by 9.4% year-on-year. In breakdown, there were declines in both sectors. Exports declined by 1.4% to 113,267 TEUs and imports […]
The Shenzhen delegation together with Port of Gothenburg officials / Source: Gothenburg Port Authority Last week, a delegation of 20 individuals from the port of Shenzhen in China visited the Swedish port of Gothenburg to sign a sister port agreement. The agreement’s goal is to increase cooperation between the two ports on issues such as […]
Wan Hai Lines established a non-port office in India for the first time in response to the domestic demand in the country’s inland, aiming to expand into the Indian market. The Taiwanese ocean carrier has now five owned offices in the country, including facilities in Mumbai, Chennai, Mundra, Vizag, and the new office in Delhi. […]
Container exports from Port Houston continue to exceed the previous year’s figures with loaded exports being up 17% year-on-year, driven mainly by increased demand for resin exports. Through April, Port Houston handled 1,026,260 loaded TEUs, breaking the million-TEU barrier earlier than ever before. Import container traffic was predicted to decline this year compared to the […]
COSCO SHIPPING Heavy Industry (Yangzhou) began construction works on the second 700 TEU electric container ship (N998) owned by COSCO SHIPPING Development on 8 May. The 700 TEU electric boxship is an important initiative of COSCO SHIPPING Development aiming to promote the “carbon peaking and carbon neutrality” push for green zero-carbon shipping demonstration. The ship […]
HMM is reportedly attempting to buy back the liquefied natural gas (LNG) shipping unit that South Korea’s flagship carrier divested back in 2014 when it began facing financial troubles. The LNG shipping unit was sold to South Korean private equity firms IMM Private Equity and IMM Investment for US$375 million and renamed Hyundai LNG Shipping. […]
Port of Long Beach in California, US According to the Global Port Tracker report released recently by the National Retail Federation (NRF) and Hackett Associates, import cargo volume at the United States’ major container ports is recovering from a nearly three-year low in February but it is expected to remain well below last year’s levels. […]
ONE Stork at the Port of Halifax The 14,000 TEU container ship ONE Stork is the first upsized EC5 vessel that has arrived at the Port of Halifax in Canada. The boxship with 364 metres in length overall arrived at PSA Halifax Atlantic Hub on 26 April. PSA Halifax Atlantic Hub terminal has a quay […]
South Korea’s flagship carrier HMM has backed out of the Korea-Thailand Express (KTX) service which it was codesharing with its compatriot regional carrier Korea Marine Transport Company (KMTC Line). Primarily an ocean-going shipping company, HMM has announced that it will open an intra-Asia cross network (ICN) service, an independent pendulum (clockwise) route within Asia. Six […]