NEWS

Hanoi modernises logistics industry
Hanoi modernises logistics industry

Currently, the system of warehouses and logistics yards in Hanoi is still small, lacking connections and types of specific goods storage such as cool and cold storage, or document warehouse

CMA CGM to apply new congestion surcharge in Cameroon
CMA CGM to apply new congestion surcharge in Cameroon

In response to the existing congestion situation in Kribi, Cameroon, CMA CGM has announced the implementation of a Port Congestion Surcharge (PCS).

Los Angeles maintains dominance in US despite container decline
Los Angeles maintains dominance in US despite container decline

In the last month of the previous year, the Port of Los Angeles demonstrated robust performance by processing 747,335 TEUs, marking a 2.5% increase compared to December 2022.

Hapag-Lloyd’s departure shakes-up THE Alliance
Hapag-Lloyd’s departure shakes-up THE Alliance

Shipping pundits are expecting liner alliances to be redrawn, after Maersk Line and Hapag-Lloyd announced on 17 January that they will form Gemini Cooperation in February 2025.

Port of Los Angeles to handle 85,000 metric tons of Chilean fruit imports during winter season
Port of Los Angeles to handle 85,000 metric tons of Chilean fruit imports during winter season

This week, the Port of Los Angeles welcomed the initial vessel of Chilean fruit for the year, carrying over 5,300 pallets loaded with grapes and stone fruit.

Maersk and Hapag-Lloyd to form new alliance
Maersk and Hapag-Lloyd to form new alliance

Two container giants, Denmark's Maersk and Germany's Hapag-Lloyd have signed an agreement for a new long-term operational collaboration.

Port of Singapore reaches 39 million TEUs in 2023
Port of Singapore reaches 39 million TEUs in 2023

The Port of Singapore handled 39 million TEUs in 2023, showcasing a 4.6% increase compared to the previous record of 37.57 million TEUs in 2021.

OOCL revenues plunge in 2023, amid solid container growth
OOCL revenues plunge in 2023, amid solid container growth

COSCO-owned Orient Overseas Container Line (OOCL) has seen a huge 49% decrease in its fourth quarter revenues, compared to 2022 Q4, reporting US$1.62 billion.


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