ONE revises Asia to Middle East Asia service network

The Singaporean container line, Ocean Network Express (ONE) has announced the revision of its service network from Asia to Middle East Asia. The company’s new Asia Gulf Express 4 (AG4) service, which will start on 21 September with the 21,200TEU container ship Cosco Shipping Planet, will have the following rotation: Qingdao – Shanghai – Ningbo […]

Short term relief soon for Indian exporters amidst container crisis

A ray of hope for Indian exporters is expected in the current week as the Commerce Ministry in India has assured that they will announce short-term measures to ease the situation of acute container shortage and skyrocketing box prices caused by the Covid-19 pandemic. India’s Commerce Secretary BVR Subrahmanyam stated to the media that the […]

Valencia port handles 40% of Spain’s container traffic – Barcelona and Algeciras follow

The Port of Valencia leads the container traffic in Spain both in imports and exports by exceeding 1.4 million TEU of the total 3,587,921 containers transported in the country between January and July. The number of import/export containers passing through Valenciaport between January and July has increased by 19% compared to the previous year and […]

Suez Canal box terminal investments to boost productivity

APM Terminals has announced that a series of investments initiated in 2020 aimed at equipment and capacity upgrades at the Suez Canal Container Terminal (SCCT), together with a strong partnership with the Government of Egypt, Suez Canal Economic Zone (SC Zone), sets the foundation for further future growth. The US$60 million investment consists of projects […]