FREIGHT NEWS

Singapore highlights container shipping as Covid-19 success story
Singapore highlights container shipping as Covid-19 success story

The Singapore government has credited container shipping with ensuring a resilient supply chain as the city-state battled Covid-19 from 2020 to 2021, according to a government report.

ZIM withdraws China – Los Angeles loop
ZIM withdraws China – Los Angeles loop

Israel's major container carrier ZIM will cancel its Transpacific ZIM eCommerce Xpress (ZEX) service, according to the latest DynaLiners report.

Port of Singapore surpasses 37 million TEUs in second busiest year in history
Port of Singapore surpasses 37 million TEUs in second busiest year in history

Port of Singapore has reported a container throughput of 37.3 million TEUs in 2022, which represents a slight decline of 0.7% compared with the all-time record volumes in the previous year.

OCEAN Alliance to upsize Transatlantic lane again
OCEAN Alliance to upsize Transatlantic lane again

The OCEAN Alliance is upsizing its transatlantic service again by replacing four 8,500-10,000 TEU ships with four 11,000 to 14,000 TEU vessels.

Maersk adds new weekly rail service in India
Maersk adds new weekly rail service in India

A.P. Moller – Maersk has announced another weekly, dedicated rail service, the ‘Pratigya Express’, from Sonipat Inland Container Depot (ICD) in National Capital Region (NCR) to APM Terminals Pipavav Port on the western coast of India in Gujarat.

Port of New York and New Jersey overtakes San Pedro Bay giants for third consecutive month
Port of New York and New Jersey overtakes San Pedro Bay giants for third consecutive month

Port of New York and New Jersey is the busiest container port in the United States for the third month in a row, handling 18.9% more boxes in October 2022 over pre-pandemic October 2019.

ZIM profits over US$4.2 billion so far, while container volumes remain flat
ZIM profits over US$4.2 billion so far, while container volumes remain flat

The normalisation in container rates has begun, according to ZIM president and CEO, who noted that his company's third-quarter and nine-month results reflect "outstanding execution and elevated profitability".

Maersk announces new service to connect India–UAE–Saudi Arabia corridor
Maersk announces new service to connect India–UAE–Saudi Arabia corridor

A.P. Moller – Maersk has announced the launch of a new ocean shipping service, ‘Shaheen Express’, which started the previous week.


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