FREIGHT NEWS

CMA CGM secures its move to larger terminal in Yokohama port
CMA CGM secures its move to larger terminal in Yokohama port

On 26 October, CMA CGM Group and Yokohama Kawasaki International Port Corporation (YKIP) signed a reservation agreement for the Honmokufuto D5 container terminal at the Port of Yokohama in Japan.

Vessel utilisation remains low, reports Sea-Intelligence
Vessel utilisation remains low, reports Sea-Intelligence

Danish shipping data analysis company Sea-Intelligence reports that global demand continues to decline, and whether we calculate the growth in TEU*Miles or as an annualised percentage over 2019, the supply/demand balance is under pressure.

Long Beach reports box decline in September
Long Beach reports box decline in September

Port of Long Beach (POLB) saw its container volumes decrease slightly by 0.9% in September to 741,823 TEUs.

Closed-loop management returns to Ningbo-Zhoushan amid new Covid-19 outbreak
Closed-loop management returns to Ningbo-Zhoushan amid new Covid-19 outbreak

Ningbo-Zhoushan port has implemented closed-loop management and green channels to enable the movement of container trucks, after new Covid-19 outbreaks in the Beilun district, where the port is located in, resulted in a three-day lockdown that began on 14 October.

2M Alliance merges two services, suspends one in Asia to Pacific Northwest trade
2M Alliance merges two services, suspends one in Asia to Pacific Northwest trade

As 2M Alliance's TP1/Maple and TP9/Eagle services have been inconsistent in terms of departure frequency and extended transit times, according to 2M Alliance of Maersk and MSC, the two container giants have decided to merge them into an updated TP1/Maple line.

Savannah port surpasses 1.5 million TEUs in three-month period
Savannah port surpasses 1.5 million TEUs in three-month period

Port of Savannah handled 1.5 million TEUs in the first quarter of the fiscal year 2023 (July-September 2022), which is an increase of 9.6% over the same period last year.

Port Houston achieves new container record
Port Houston achieves new container record

Port Houston continues to break container records with total box volumes in August reaching 382,842 TEUs, which represents a 20% increase from the same month last year and the busiest month in the history of the port.

Port of Gothenburg launches new project for local intermediate container storage
Port of Gothenburg launches new project for local intermediate container storage

The Gothenburg Port Authority and APM Terminals Gothenburg introduced the ”Port of Gothenburg RAILPORT container storage initiative” earlier in September aiming to move the intermediate storage of import boxes from the port to inland terminals closer to the final destination of the goods all over Sweden.


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