NEWS

Port of Melbourne sets sights on net zero target
Port of Melbourne sets sights on net zero target

Port of Melbourne targets to achieve net zero emissions for Scope 1 and 2 for Australian port operations by 2030.

Demand rebound loses some steam in April, reports Sea-Intelligence
Demand rebound loses some steam in April, reports Sea-Intelligence

Sea-Intelligence reported that in terms of TEU*Miles (which also accounts for the distance a container has to travel), there was a sharp 6-month growth reduction that reverted to "only" a minor level of growth decline in March 2023.

Container ships spend fewer days in port: SSE
Container ships spend fewer days in port: SSE

The average number of days for which container vessels were in port at the world’s 20 busiest box ports decreased from April to May by 4.7% to 1.79 days, according to the Shanghai Shipping Exchange (SSE).

Port of Long Beach mitigates container declines in May
Port of Long Beach mitigates container declines in May

During the first five months of 2023, the Port of Long Beach handled 3,135,600 TEUs, a 24.8% decline from the same period in 2022.

Vietnam to have 30 airports by 2030
Vietnam to have 30 airports by 2030

Vietnam is set to have 30 airports by 2030, including 14 serving international flights and 16 serving domestic flights.

Container lines see important decline in revenues and earnings in 2023 first quarter
Container lines see important decline in revenues and earnings in 2023 first quarter

Sea-Intelligence said there were indications of a weakness in the market in the second half of 2022, which has manifested fully in the first quarter of 2023.

OOCL’s new mega vessel to enhance Asia-Europe network
OOCL’s new mega vessel to enhance Asia-Europe network

Orient Overseas Container Line (OOCL) hosted the naming ceremony of a brand-new 24,188 TEU vessel at the Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) shipyard.

DP World completes Vancouver port expansion
DP World completes Vancouver port expansion

DP World and the Vancouver Fraser Port Authority have celebrated two historic events – the completion of the Centerm Expansion Project at DP World Vancouver, and the 100th anniversary of the port’s marine terminal operations.


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