Port of Shenzhen The container throughput of Chinese ports reached 244.9 million TEUs from January to October 2022, which represents a year-on-year increase of 4%. Additionally, Chinese ports have seen a slight year-on-year growth of 0.5% in terms of tons, handling 12,933.8 million tons in the first ten months of the year. The chart below […]

In the first ten months of the year, there was a fall in the number of containers entering and leaving Valencia port, especially in the transshipment sector. According to data from the Statistical Bulletin of the Port Authority of Valencia (PAV), between January and October, a total of 4,336,957 TEUs have been moved through the […]

Air Products and Mabanaft announced their intention to build Germany’s first large-scale, green energy import terminal in the port of Hamburg. The project was announced on 17 November at a ceremony in Hamburg, which was supported by German Federal minister for economic affairs and climate action Robert Habeck and first mayor of Hamburg Dr. Peter […]

Engineers from Associated British Ports (ABP) Immingham team have returned from Germany where they have been carrying out the final factory acceptance testing of the port’s three new mobile harbour cranes. The Liebherr 420s will be arriving later in November from Rostock in northern Germany. The new investment has cost US$11.5 million with an additional […]

Fitch Ratings has affirmed the Port of Oakland’s outstanding senior bonds at A+ and outstanding Intermediate Lien and underlying bank bonds at A. The rating outlook assigned by Fitch on all bonds is Stable. “These ratings reflect continued commitment to prudent financial management and stability,” commented Port of Oakland executive director Danny Wan. According to […]

© HHM / Hasenpusch productions Port of Hamburg has reported lower cargo figures for the first nine months of the year, compared with the same period in 2021. In particular, the German port handled 6.3 million TEUs from January to September 2022, which represents a year-on-year decline of 2.7%. Both imports and exports of the […]

Reduced consumer demand and a shift of imported goods to the Gulf and East Coast of the United States have led to a decline in container volumes of the Port of Long Beach (POLB). The major box port in California handled 658,428 TEUs in October, translating to a 16.6% decrease from the same month in […]

Wan Hai Lines Ltd. held ship naming ceremonies for Wan Hai 355, Wan Hai 357 and Wan Hai 360, accompanied by a charity donation at Japan Marine United Corporation Kure Shipyard, on 7 November. The three container vessels are part of the series of 3,013 TEU ships built by Japan Marine United Corporation Kure Shipyard. […]

Yang Ming reported US$3.41 billion in revenues in the third quarter of the year with the company’s profits after taxes reaching US$1.7 billion for the same period. Additionally, in the first nine months of the year, Taiwan’s container carrier achieved US$10.79 billion in revenues and US$5.66 billion in profits after taxes. Yang Ming said its […]

The Israeli shipping company ZIM has announced the opening of a fully-owned agency in New Zealand, replacing the current third-party agent. The new ZIM New Zealand office will commence operations on 1 November and will be led by David Mitchell, the current country manager, who will join the ZIM team. ZIM said the purpose of […]