NEWS

Port of Oakland receives US$1.2 billion funding for hydrogen projects
Port of Oakland receives US$1.2 billion funding for hydrogen projects

Federal and state funding is on the way for hydrogen projects at the Port of Oakland. This is because the Biden administration announced on 13 October that California will receive up to US$1.2 billion as a designated hydrogen centre.

Blank sailings boost Ningbo Containerized Freight Index
Blank sailings boost Ningbo Containerized Freight Index

The composite Ningbo Containerized Freight Index (NCFI) quoted 622.2 points in Week 41, which improved 4.8% from the previous week and has remained on an upward trend for two back-to-back weeks.
 

Chinese ports exceed 200 million TEUs in 2023 so far, Shanghai and Ningbo remain on top
Chinese ports exceed 200 million TEUs in 2023 so far, Shanghai and Ningbo remain on top

Container volume at China ports rose by 4.8% in the January-August period, compared to the same months last year. The container throughput of Chinese ports was 203.7 million TEUs, while for the same period, the cargo volume of major Chinese ports was 11.1 billion tons, translating to an 8.4% rise year-on-year.

Japan’s container volumes decrease for four consecutive months
Japan’s container volumes decrease for four consecutive months

Oceangoing containers to and from Japan's six major ports totaled 1.13 million TEUs in July, which slid 8.7% from the corresponding month of the previous year and have registered a year-on-year decrease for four consecutive months.

CN analysis: Demand pressure continues to stall rate recovery on trades out of India
CN analysis: Demand pressure continues to stall rate recovery on trades out of India

With the exception of trades to Europe and the Mediterranean, container freight rates out of India have seen no noticeable recovery signs for carriers, according to the latest market analysis by Container News.

Port of Oakland sees lower box volumes
Port of Oakland sees lower box volumes

Container volume at the Port of Oakland fell in August compared to the same month last year with the Californian port handling 135,253 TEUs, down 13.1% year-on-year.

Asia-North Europe rates sinking again as GRIs 'run out of steam'
Asia-North Europe rates sinking again as GRIs 'run out of steam'

Ocean carriers are giving back their recent Asia-North Europe FAK rate increases via heavy discounts for October shipments from China.

Holiday notice – Vietnam’s Independence Day 2023
Holiday notice – Vietnam’s Independence Day 2023

T&T Global Agency would like to announce that we will have some days off to celebrate the Vietnam's Independence Day as following informations


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