NEWS
31/05
2022
Currently, the container capacity of 5 of the world’s major players in container transport is estimated at 16.4 million TEUs (Twenty Equivalent Units). More than 90% of global cargo is transported by multimodal containers.
30/05
2022
Operations in Shanghai port are getting back to normal as the city’s lockdown eases. CMA CGM said in its latest customer advisory that pressure on Shanghai yard resources is easing, while the waiting time for ships in the Waigaoqiao port area has shortened as more port employees resume work.
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.