Valenciaport’s July box volumes exceed 450,000TEU

The Port Authority of Valencia (PAV) has published its operational results for July, recording a slight increase in container volumes during the previous month, but a significant year-to-date growth. In particular, Valenciaport handled 456,650TEU in July, which translates to a 0.7% increase over last year’s same month. Regarding the seven first months of the year, […]

Taiwan to spruce up seven ports by 2026

Taiwan’s Ministry of Transport and Communications (MOTC) will invest US$1.37 billion in a five-year plan to upgrade seven of the island’s international ports. The ministry’s Comprehensive Commercial Port Development Plan aims to boost aggregate container throughput to 18.6 million TEU and turn the ports of Kaohsiung, Taipei, Keelung, Hualien, Taichung, Anping and Su’ao into environmentally […]

Major container lines push up Europe and Med rates

Three of the largest container shipping companies in the world, Hapag-Lloyd, MSC and CMA CGM have announced new rates from/to Europe and the Meditteranean, which will be effective from August and September. Firstly, Hapag-Lloyd will implement an ocean tariff rate increase of US$800 per 20′ and 40′ standard container, including high cubes (HC), from the […]

MOL and Origin Energy to collaborate on green ammonia study

Mitsui OSK Lines Ltd. (MOL) and the Australian energy company Origin Energy have signed a memorandum of understanding (MoU) for a joint study to build a supply chain of renewable energy-derived green ammonia. The two partners will complete a feasibility study on marine transportation of ammonia, demand in Japan and Asia and developing a supply […]

Current logistics situation under Covid-19 in terms of container shortage and survival of NVOCCs

Gone are the days when being an non-vessel operating common carrier (NVOCC) or shipper owned container (SOC) box operator you could buy containers in any region, as per the need of any particular project of specific move, from one port to another, without facing any obstacle in getting space from vessel operators, port congestions and […]

Covid-19 hits Ningbo, fears of “the next Yantian”

Liner operators have advised customers to expect delays following the closure of Ningbo Meishan Island International Container Terminal (MSICT) after a worker there tested positive for Covid-19. Following confirmation of the worker’s infection, MSICT suspended all operations from 3:30 am local time on 11 August. Other terminals in Ningbo, China’s second busiest container port, restricted […]

Maersk announces congestion fees worldwide

The Danish liner operator Maersk has confirmed the implementation of congestion surcharges in several ports across the world. In particular, Maersk has announced the following Congestion Fee Destination (CFD) and Congestion Fee Origin (CFO) in the ports of Rades and Tunis in Tunisia for dry and reefer containers. Furthermore, the Copenhagen-based carrier will apply a […]

Covid-19 wreaks havoc on China’s giant ports and Vietnam

The easing of Covid-19-related bottlenecks in China’s Yantian container port in June has been short-lived, as another outbreak has resulted in congestion again. This morning (11 August), Ningbo port authorities suspended operations in Ningbo Meidong Container Terminal after a worker tested positive for Covid-19. The worker, who lived in a dormitory on the premises, initially […]