Petrolesport (PLP), a Global Ports Group company located in the Big Port of St. Petersburg, has installed a video surveillance system on its ship-to-shore (STS) gantry cranes. The equipment will improve the crane operator’s visibility and increase the safety of container handling, according to an announcement. “Monitoring cargo movement with cameras will increase the safety […]

Hapag-Lloyd has announced several rate increases, which will take effect in August, for sailings starting from Asia ports. Firstly, the German carrier will impose a General Rate Increase (GRI) of US$950 per TEU for all types of cargoes heading from the Middle East and the Indian Subcontinent to the East Coast of South America. This […]

DP World has handled 19.7 million TEU across its global portfolio of container terminals in the second quarter of 2021, with gross box volumes increasing by 17.6% year-on-year on a reported basis. The UAE-headquartered global port operator said the performances of its terminals in India, Europe Australia and Americas were the main drivers for the […]

The ongoing lockdown in Bangladesh has started taking a toll on the shipping sector, especially on port yards, creating severe congestion as importers are hardly taking delivery of containers. As of 26 July, 43,574TEU –  of a total capacity of 49,018TEU – were lying at the Chittagong port yards, while on 25 July, 1,901TEU were […]

The container market continues to impress with record-breaking rates and ordering never seen before. Olivia Watkins, Head Cargo Analyst of VesselsValue, an online valuation and data provider, takes us through what has been happening with orders, transactions, values, rates and trade for the first half of 2021 and how these sky-high figures compare to previous […]

Wan Hai Lines’ chairman has authorised a US$1 billion budget for “asset acquisition and disposal”, as the Taiwanese liner operator appears to prepare for fleet expansion. The budget authorisation was announced at a shareholders’ meeting on 20 July, chaired by Wan Hai’s general manager Tommy Hsieh and independent director Lai Rung-nian. Hsieh and Lai explained […]

WCA (Liên minh hàng hóa thế giới – World Cargo Alliance) là mạng lưới giao nhận hàng hóa lớn nhất và mạnh nhất thế giới với thành viên là các freight forwarder độc lập. WCA có hơn hơn 7.313 văn phòng tại 191 quốc gia trên thế giới. Tổ chức này có chức năng cung cấp cho mỗi thành […]

Global container congestion persists to wreak havoc on supply chain operations all around the globe. Global shipping has been facing erratic consumer demand, factory shutdown, and pandemic restrictions that have hampered port operations for months. As an outcome, empty containers are scarce where they are needed. The Ever Given mishap has compounded the shortage as […]

The Port of Virginia set a new June cargo volume record having handled more than 281,000TEU, which represents an increase of nearly 71,000 units year-over-year. June was the tenth consecutive month of record-breaking volumes for the port and helped push its total TEU volume for the fiscal year 2021, which began on 1 July 2020 […]