NEWS

Savannah port surpasses 1.5 million TEUs in three-month period
Savannah port surpasses 1.5 million TEUs in three-month period

Port of Savannah handled 1.5 million TEUs in the first quarter of the fiscal year 2023 (July-September 2022), which is an increase of 9.6% over the same period last year.

Port Houston achieves new container record
Port Houston achieves new container record

Port Houston continues to break container records with total box volumes in August reaching 382,842 TEUs, which represents a 20% increase from the same month last year and the busiest month in the history of the port.

Port of Gothenburg launches new project for local intermediate container storage
Port of Gothenburg launches new project for local intermediate container storage

The Gothenburg Port Authority and APM Terminals Gothenburg introduced the ”Port of Gothenburg RAILPORT container storage initiative” earlier in September aiming to move the intermediate storage of import boxes from the port to inland terminals closer to the final destination of the goods all over Sweden.

Yang Ming adds new 11,000 TEU container vessel
Yang Ming adds new 11,000 TEU container vessel

Yang Ming Marine Transport Corp. has added one new 11,000 TEU container vessel, namely YM Trillion, which is chartered from Shoei Kisen Kaisha, Ltd. and built by Imabari Shipbuilding Co., Ltd.

COSCO reports record 2022 interim results
COSCO reports record 2022 interim results

The listed companies under COSCO SHIPPING have recently announced their 2022 interim results with COSCO SHIPPING Holdings achieving the best performance in history for the first half of the year.

Major container lines make history with US$41.6 billion earnings in 2022 Q2
Major container lines make history with US$41.6 billion earnings in 2022 Q2

Danish maritime analysis company Sea-Intelligence looked at the financial and volume results posted by the major container carriers for the second quarter of the year.

Deepening project at Long Beach gets approval
Deepening project at Long Beach gets approval

The Long Beach Harbor Commission has approved a critical channel deepening project that is expected to ease cargo movement to and from the United States. The Port of Long Beach (POLB) and the federal government will share the costs, estimated at almost US$170 million, with the POLB's portion being estimated at US$109 million.

First sailing of direct China-Scotland service completed
First sailing of direct China-Scotland service completed

The first direct container service linking China to Scotland has docked at Greenock Ocean Terminal following its maiden voyage.


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