Global Ports PLP terminal Global Ports Investments PLC has announced that it had entered into binding agreements with CMA Terminals on cash free shares swap. In exchange for 25% of Multi Link Terminals Ltd Oy, Finland, Global Port will receive 25% of CD Holding Oy, Finland, and 25% of Multi Link Terminals Ltd, Ireland, which […]

Port of Oakland’s container volume dropped in November with both full imports and full exports being at lower levels compared to November 2021 and October 2022 volumes. Total loaded container volume declined 15% from November 2021, recording 131,929 loaded TEUs. November full imports of the Californian port decreased by 17.4% year on year, reaching 68,646 […]

The port authorities of Antwerp-Bruges and Rotterdam will make it mandatory to use a bunker measuring system on board bunker vessels to measure the exact amount of fuel delivered to sea-going vessels. According to the Dutch port, this follows an independent study in both Antwerp and Zeebrugge and Rotterdam, which showed regular quantity issues in the […]

CMA CGM-owned intra-Asia shortsea specialist CNC has announced the launch of the Yangon Cambodia Express (YCX) service, a direct connection between Myanmar, Cambodia, Singapore and Malaysia. The new service will begin its inaugural voyage on 3 January from Singapore with the following rotation: Singapore – Port Klang (Malaysia) – Yangon (Myanmar) – Port Klang – […]

Port of Chittagong With a significant fall of mainly the import cargo and also the outbound one, the Chittagong port is set to slip down from three million TEU club this year due to global trade disruptions linked to the war in Ukraine. This year, the prime seaport of Bangladesh will face a significant fall […]

COSCO has announced that it held a ceremony for the launch of the construction of two electric container ships with a capacity of 700 TEUs. The opening ceremony of the project for the two electric vessels managed by COSCO SHIPPING Development was successfully held at COSCO SHIPPING Heavy Industry in Yangzhou, China. The project was […]

The Port of Prince Rupert has achieved a significant milestone in its emissions reduction measures with expanded shore power capacity at DP World Prince Rupert’s Fairview Container Terminal. New electrical infrastructure was installed at the terminal’s north berth and upgrades were made to the south berth through a partnership between the Prince Rupert Port Authority […]

Ningbo Zhoushan port has moved container volumes of more than 31.08 million TEUs from 1 January to 27 November 2022, reaching the total box throughput of the last year. The picture shows the large screen of the dispatching and command center of Ningbo Zhoushan Port According to the major Chinese container port, since the beginning […]

Wan Hai Lines has confirmed that in response to falling cargo volumes, it has consolidated its four Asia-US West Coast into two services after replacing chartered vessels with newly delivered larger newbuildings. Initially, the Taiwanese carrier had two Asia-US West Coast services, AA1 (Shanghai-Qingdao-Auckland-Shanghai), AA2 (Shekou-Kaohsiung-Ningbo-Auckland-Seattle-Shekou), AA3 (Hai Phong-Ho Chi Minh-Hong Kong-Shekou-Xiamen-Kaohsiung-Long Beach-Shekou) and AA5 […]

Marseille-headquartered container line CMA CGM has announced the revision of its peak season surcharge (PSS) from Europe to US Gulf, US East Coast and Canada East Coast. The new surcharge from North Europe, Scandinavia, Poland and Baltic to US East Coast will be effective from 20 December (US gate in date) until further notice and […]