The 4,253TEU boxship, ZIM Kingston, which is chartered by ZIM and owned by Danaos Shipping, suffered a severe fire incident on Friday, 22 October, after two damaged containers caught fire on board the vessel near Canada. The Greek ship owner and operator, Danaos Shipping has reported that earlier on that day, the excessive listing due […]

Τaiwanese liner operator Yang Ming Marine Transport has agreed to charter one of its container ships to Maersk Line for a year at nearly US$63 million. Based on the average daily rate of around US$172,600, the vessel is likely to be a Panamax boxship. Yang Ming said that Maersk Broker had negotiated the transaction. No […]

Global supply chain issues are threatening Christmas deliveries to retailers, as we’ve seen sustained port congestion in the US, and now parts of the UK. It continues to disrupt shipping lines and the movement of goods worldwide. We have seen congestion ease in major Chinese container ports such as Ningbo, with the number of vessels […]

Port Houston has achieved double-digit growth for the seventh consecutive month in its container throughput. The port in Texas has handled 281,500TEU in September, representing an increase of 11% over the same month of the previous year. The improved performance has been mainly driven by increased consumer spending, according to the port authority. Additionally, from […]

Industry experts and exporters voice their concerns after India’s largest private port player Adani Ports & Special Economic Zone (APSEZ), which operates Mundra Port in Gujarat, announced that on 15 November it will stop handling containerized cargo from Iran, Afghanistan and Pakistan. It is believed that this reaction of Adani Ports will have a major impact […]

Thessaloniki Port Authority S.A. (ThPA) and Amazon Web Services (AWS) have held a meeting during the 85th Thessaloniki International Fair aiming to transform the Greek port into a “smart port” through digitisation of systems and smart technology. The executives of ThPA and AWS, which is a subsidiary of the American multinational technology company Amazon, discussed […]

A.P. Moller – Maersk has entered into a three-year agreement with the food manufacturer Danish Crown for end-to-end logistics globally. The deal is effective from 1 October and constitutes the largest one on reefer logistics in Europe. The strategic partnership covers all Danish Crown’s business units, delivering solutions on ocean services, inland logistics and cold […]

Busan is becoming increasingly congested and the lack of storage space for export-bound containers in South Korea’s main container port has made officials create temporary storage from the hinterland of the West Container Port in Busan New Port. Outbound containers are usually moved into yards in the port to await loading. However, worsening congestion in […]

Just under US$2 billion of UK trade imports will be impacted in the run-up to Christmas if the current ports delays at Felixstowe continue into December according to an analysis by Russell Group, a risk modelling company. Clothing would be the largest commodity to be impacted by the delays, with operators said to be diverting […]

Port Everglades, the National Port Authority of Honduras and the terminal operator at Puerto Cortes, Operadora Portuaria Centroamericana (OPC), have signed a Memorandum of Understanding (MOU) as part of a joint Sister Seaports agreement. The agreement was signed on 5 October during the sixth Annual Latin America Ports Forum and aims to establish an alliance […]