Singapore became the second Asian hub port to declare slowing container throughput in June following weak growth reported by Shanghai last week in the run up to the peak season period from July to September.
Port of Singapore
Port of Singapore
27 Mar 2015
OOCL and Yang Ming Line have expanded their joint China-Pakistan Express (CPX) Service by adding a direct call at Adani Hazira Container Terminal, a private facility in West India, starting in mid-April.
17 Feb 2015
Hopes of a pre-Chinese New Year container volume surge through Hong Kong port were firmly dashed as the January data showed the transshipment hub actually saw a year-over-year decline of 6.1 percent during the first month.
19 Jan 2015
Hong Kong port ended a year it would rather forget with annual container throughput falling for a third consecutive time, registering 22.2 million TEUs in 2014 that was down 0.3 percent on the previous year's numbers.
22 Dec 2014
A China Shipping Container Lines (CSCL) executive has shrugged off demand forecasts predicting 3 to 5 percent market growth in the next few years that will not be enough to fill the capacity flooding into service.
16 Dec 2014
Cosco Pacific, the port operating arm of China’s largest shipping company, has growth its throughput by 10 percent from January through November this year, a reflection of strong export volumes that kept its terminals busy during the second half.
28 Nov 2014
There will be no speedy solution to the congestion that is creating bottlenecks at ports around the world as terminals battle to cope with growing trade and surges in container volume.
15 Oct 2014
A new, $54 million initiative in Singapore will research port management and urban congestion to help boost the country's port efficiency.
16 Sep 2014
Container handling rose nearly 2 percent in August at the world’s largest transshipment hub, the Port of Singapore.
25 Aug 2014
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.