NEWS

ZIM reports 769,000 TEUs in the first quarter of 2023
ZIM reports 769,000 TEUs in the first quarter of 2023

ZIM Integrated Shipping Services, a worldwide container liner shipping firm, has released its consolidated results for the three months ending 31 March 2023.

Port of Los Angeles handles 688,000 TEUs in April
Port of Los Angeles handles 688,000 TEUs in April

The Port of Los Angeles processed 688,110 TEUs in April, a 22% decrease compared to last April, which was the second busiest on record.

ZIM invests in Spinframe
ZIM invests in Spinframe

Israeli ocean carrier ZIM, along with other investors, announced the initial closing of a US$8 million financing round in Spinframe.

April container volumes increase at Saudi Ports
April container volumes increase at Saudi Ports

Saudi Ports Authority (MAWANI) announced that its container throughput in April 2023 grew at an annual rate of 13.34% from 601,429 TEUs to 681,663 TEUs as per monthly statistics.

Cyclone Mocha forces 60-hour operation closure at Chittagong port
Cyclone Mocha forces 60-hour operation closure at Chittagong port

The operations at the Chittagong port, Bangladesh’s prime seaport, had remained suspended over two days as the super cyclone Mocha approached and crossed the country on Sunday, 15 May.

HMM eyeing reunion with Hyundai LNG Shipping

HMM is reportedly attempting to buy back the liquefied natural gas (LNG) shipping unit that South Korea's flagship carrier divested back in 2014 when it began facing financial troubles.

Georgia Ports receives green light for new rail hub in Gainesville
Georgia Ports receives green light for new rail hub in Gainesville

Georgia Ports Authority (GPA) executive director Griff Lynch confirmed that GPA’s Network Georgia plans to develop rail hubs around the state is gaining momentum, with federal environmental approval for an inland terminal near Gainesville.

Reliability rises close to pre-pandemic levels, reports Sea-Intelligence
Reliability rises close to pre-pandemic levels, reports Sea-Intelligence

Danish maritime data analysis company Sea-Intelligence has reported noticeable improvements across all metrics of schedule reliability and average delay on a global, carrier, carrier alliance, and trade lane level in the first quarter of 2023.


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