The new discount, effective on June 1, comes on top of the existing Environmental Ship Index, which means that ships can benefit from a 30 percent reduction in port dues for every call, the port authority said.
Europe’s top air cargo hubs are feeling the impact of a slowing Chinese economy and a fragile recovery in the eurozone with traffic declining, stalling or growing at a snail’s pace in recent months.
Container carrier APL said it will replace its current Singapore West Asia Express (SWX) service in the intra-Asia trade with a new weekly service, branded the Asia Sub-continent (AS1), starting at the end of this month.
Measures to improve productivity at the port of Manila continued with the recent ground breaking of a dry port south of the capital that aims at increasing the capacity of the port’s flagship terminal by 10 percent.
The Transpacific Stabilisation Agreement has responded to queries from forwarders about contract guidelines introduced this year that recommend its member carriers set rates for 20-foot containers at 90 percent of the rates charged for FEUs.
With diversions continuing in the aftermath of the West Coast labor negotiations, the ports of Los Angeles and Long Beach turned in a mediocre performance in April, with total container volume edging up 1 percent from April 2014. This compares against much faster growth at East and Gulf coast ports in April and year to date.
The number of heavy truck drivers in the U.S. rose more quickly last year, breaking past 1.6 million for the first time since 2008, as higher pay and strong freight demand attracted recruits. Demand still reportedly outstrips the number of drivers, however, which is lower than in any year from 2005-2008.
The delivering system for moving containers from mega-ships operated by carrier alliances to cargo interests and truckers is antiquated and must change immediately if ports are to conquer their congestion problems, according to John McLaurin, president of the Pacific Merchant Shipping Association.
Grain is moving by rail at a steady pace from Canada’s Prairie Provinces to export terminals in British Columbia’s Vancouver, Prince Rupert, and Thunder Bay.
The Port of Hamburg can no longer claim to be Europe’s second-largest container port.