Dockworkers strike fears at Port of Mobile amid record container volumes

APM Terminals Mobile A potential dockworker strike might launch at the Port of Mobile in Alabama, US as the International Longshoremen’s Association (ILA) Local 1410 and CSA Equipment Company, a stevedoring provider at the port, do not come to an agreement on workers’ payments. The union members seem to have turned down a third company […]

Box volumes at Mundra Port slip amid trade slowdown effects

Mundra Port, India’s busiest container harbour, saw a noticeable fall in container movement last month. According to exclusive data obtained by Container News, the volume of containers handled at the Adani Group’s flagship port in September declined nearly 6% month on month to 522,483 TEUs, from 554,184 TEUs in August. Of this, the Adani-controlled terminals contributed […]

Long Beach reports box decline in September

Port of Long Beach (POLB) saw its container volumes decrease slightly by 0.9% in September to 741,823 TEUs. The Californian port said diminishing consumer demand, full warehouses and inflation concerns led to the decline. According to the port’s data, imports decreased by 7.4% to 342,671 TEUs, exports increased by 1.9% to 112,940 TEUs, while empty […]

CMA CGM: No single fuel can achieve carbon zero

French shipping giant CMA CGM believes that there is no one fuel that can achieve the industry’s move towards decarbonization in 2050, and that all eligible fuels should be explored. Speaking at the Singapore International Bunkering Conference today (7 October), CMA CGM’s Vice-President for Bunkering and Energy Transition, Farid Trad said, “We’re investing in assets, […]

CMA CGM announces new PSS from North Europe to Central America & Caribbean

CMA CGM A. LINCOLN / Source: www.vesselfinder.com CMA CGM has announced new peak season surcharges (PSS) from North Europe to Central America and the Caribbean that will be effective in November. The French carrier will apply a US$150 surcharge from North Europe, Scandinavia and Poland to Windward, Guyana North Brazil, Trinidad & Tobago for dry […]

Indian container trade flows begin to moderate amid export growth pressure

According to the latest port data secured by Container News, the pace of Indian containerised trade flows has begun to slow down after recording strong growth last fiscal year. Nhava Sheva/JNPT, India’s largest public handler, saw volumes drop sequentially over the July-September quarter. The port handled 481,595 TEUs last month, decreasing from 497,568 TEUs in August […]

Oil leaks from Sinokor boxship in South Korea

One of Sinokor Merchant Marine’s container ships, the 1,050 TEU Niigata Trader, apparently leaked 1.6 kilolitres of marine fuel into the waters around South Korea’s Yeosu port yesterday, after its fuel tank was damaged while it underwent repairs. The ship, which plied the South Korea-China-Hong Kong-Vietnam route, arrived at repair yard Yosu Ocean on 19 […]

Chittagong port sees significant fall in box handling in September

Container handling at Bangladesh’s prime seaport, Chittagong, fell significantly in September with only 101,493 TEU of import goods laden boxes handled in the month compared to 120,470 TEU in September last year. At the same time, the handling of export goods laden containers also decreased to 63,803 TEU in September from 75,697 TEU in August […]

Indian exporters face new tax burden as freight rates moderate

Indian exporters – now relieved to see some moderation in sky-high freight rate levels amid slowing volumes – have a new cost burden to deal with: a government tax levy. The setback follows the end of previously-granted federal exemptions from the applicability of Goods and Service Tax (GST) on export freight. GST, a unified national […]

Major Chinese ports report container volume growth from January to August

Chinese container ports have seen a 4.1% increase in the period January-August 2022, compared with the same months last year, with 194.4 million TEU. In the same period, China’s ports have moved 10.24 billion tons, which represents a marginal 0.1% year-on-year decrease. The chart below shows the cargo throughput and container throughput data of the […]