The persistent congestion clogging major gateway ports in the U.S. and Europe is raising a debate about whether it’s just peak-season volumes causing delays in import shipments or the inability of ports to handle the sharp growth in container ship sizes.
27 Jun 2014
CMA CGM’s new container ship, the 9,400-TEU CMA CGM Danube, is slated to begin its maiden voyage next week
24 Jun 2014
U.S. private equity fund KKR is reportedly mulling the sale of UN Ro-Ro to its previous owners.
23 Jun 2014
Port productivity data from JOC Group Inc. for 2013 demonstrate that terminal operators around the world are taking quite seriously the challenge they face to service vessels in port as quickly and efficiently as possible in this era of mega-ships.
20 Jun 2014
Pan Mediterranean, an affiliate of the Chinese government’s China Harbour Engineering Company, has won a preliminary tender to build a new port on the Mediterranean coast of Israel, according to the Israeli business daily Globes.
20 Jun 2014
Several container lines have planned general rate increases in multiple trade routes to take effect in July...
10 Jun 2014
U.S. containerized imports jumped for the third straight month in May, rising 5.9 percent year-over-year.
02 Jun 2014
U.S. containerized exports declined for the third straight month in April, albeit marginally, dropping 0.2 percent year over year.
30 May 2014
Multiple container lines have planned general rate increases in various trade routes in June and July, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
28 May 2014
Maersk Line says it decided to defer the launch of the P3 Network until autumn to avoid disrupting services during the peak season.
27 May 2014
The global air cargo market saw demand grow 3.2 percent in April from a year earlier, but traffic was down from previous months due to a further slowdown in emerging markets, led by China, according to the International Air Transport Association.