NEWS
28/05
2022
Venezuela lies on the northern coastline of the South American continent, bordering the Atlantic Ocean and the Caribbean Sea. Its maritime sector is characterised by small and medium-sized ports exporting mainly petroleum and crude oil since the country is known to possess the largest oil reserves in the world.
27/05
2022
Global trade figures stood at USD 22 trillion in 2021. The slight lull in the pandemic situation since mid-2021 is seen as the major factor in this jump of 3 trillion, from the previous figure of USD 17 trillion in 2020. Along with global trade, the logistics industry and its ancillaries stand to benefit from this increase in business.
27/05
2022
In the past two years, since the Covid pandemic upended the entire shipping industry, a common refrain has been the all-pervasive lack of vessels to transport cargo available.
24/05
2022
APM Terminals Mobile in the United States has signed an agreement with the Alabama State Port Authority to add 129,499m² to the current container terminal yard.
24/05
2022
Container lines covering Indian trades have begun to penalise customers, and more severely spot customers, for failing to fulfill their bookings as committed.
24/05
2022
Hapag-Lloyd has announced a new addition to its African network, the new Maputo Express (MAX) service that is expected to launch in the first week of June.
24/05
2022
China’s zero-tolerance in the Covid-19 pandemic and the lockdown in Shanghai have affected the Port of Oakland in the United States, which has seen a 7% reduction in its box volumes in April, compared to the same month last year.
24/05
2022
Singapore and Indonesia are advancing talks to build a 400,000 TEU port in Central Java province in Indonesia to serve an industrial park.