Although carrier reliability globally in November was the best so far this year, carriers operating on the trans-Pacific eastbound lane saw reliability worsen, as timeliness sank to 53.6 percent for the month, new data from SeaIntel shows.
Africa’s inland freight network is so troubled that it costs roughly seven times more to ship a container from Mombasa, Kenya, to Burundi, in central Africa, than it is to ship a container from Shanghai to the major Kenyan gateway, an APM Terminal executive said.
China Merchants (Holdings) International (CMHI) reported double-digit growth in throughput from January through November, continuing the strong increase in international trade that also drove up volumes at rival port operator Cosco Pacific.
The U.S. Federal Maritime Commission has rejected Maher Terminals’ claim that Port Authority of New York and New Jersey acted illegally in granting a more favorable lease to adjacent APM Terminals.
Holiday shoppers in Asia will have to deal with a little less Christmas cheer this year, as trans-Pacific shipments of Christmas trees from the U.S. Pacific Northwest are the latest casualty of West Coast port congestion.
DP World’s shareholders today backed the Dubai-based global terminal operator’s plan to delist its shares on the London stock exchange on the basis that they are too thinly traded there.
Strong growth in the Southeast Asia container trades will be a key focus for Maersk Line’s new Asia-Pacific chief executive Lars Mikael Jensen, who was appointed regional head in September.
Manila’s efforts to clear the backlog of containers congesting the port are being threatened by the Christmas and New Year holidays that the Philippine Ports Authority fears could bring the yard utilisation back to congestion levels.
A U.S. District Court in Oregon ruled that the International Longshore and Warehouse in 2012-13 engaged in unlawful work slowdowns and stoppages at Terminal 6 at the Port of Portland.
Terminal congestion and alleged job actions by the International Longshore and Warehouse Union pulled down Los Angeles-Long Beach container volume by 1 percent on a year-over-year basis in November, according to statistics released by the ports.
Container volume through the Port of Charleston last month rose 8 percent from November 2013 as the South Carolina Port Authority recorded across-the-board increases in cargo volume.
Container volume handled by the Alabama State Port Authority rose 10 percent year-over-year in the fiscal year ended Sept. 30, helping the authority post record revenue for its fiscal year ended Sept. 30.
DP World’s Indian facility, Mundra International Container Terminal, said it broke the one-million-TEU mark for the first time in its fiscal year that ends Dec. 30.