NEWS
23/08
2023
Long-haul freight rates have given way to the lack of capacity discipline, as the Shanghai Containerized Freight Index (SCFI) lost ground after three weeks of gains.
23/08
2023
Bustling seaports around the world handle a staggering 92% of goods traded in the world. Several thousands of intermodal containers pass through such marine logistics hubs as they are transported from one location to another.
03/08
2023
French ocean carrier CMA CGM has announced the extension of its FAL 1 service into Poland. The Marseille-based company said the first sailing Westbound from Asia will be on 10 August ex Pusan with CMA CGM Jacques Saade with an estimated time of arrival (ETA) at Gdansk on 5 October.
31/07
2023
French ocean carrier CMA CGM reported revenue of US$12.3 billion and net income of US$1.3 billion in the second quarter of the year. These figures represent huge year-on-year decreases over the previous record year for the container lines when CMA CGM achieved US$19.5 billion in revenue and US$7.6 billion in profit.
31/07
2023
German port and terminal operator Hamburger Hafen und Logistik AG (HHLA) is adjusting its forecast for the current financial year based on preliminary figures for the first half of 2023.
27/07
2023
Georgia Ports handled a total of 5.4 million TEUs in fiscal year (FY) 2023 (1 July 2022 - 30 June 2023), down 6.7% or 387,000 TEUs compared to the previous record FY.
27/07
2023
Ocean Network Express (ONE) will get a larger terminal in Japan's Kobe port, after one of its shareholders, Mitsui OSK Lines (MOL), agreed to expand its existing Kobe International Container Terminal.
27/07
2023
Nhava Sheva Port (JNPT), India’s busiest public container gateway, has announced it is in a position to handle double-stacked container freight trains out of its new integrated rail yard for all terminals in the harbour.