FREIGHT NEWS
12/12
2023
Hamburg-headquartered container line Hapag-Lloyd has announced a General Rate Increase (GRI) from Asia to the West Coast of Latin America, Mexico, Caribbean, Central America and Latin America East Coast.
04/12
2023
Diversifying markets and continuously increasing average prices help Vietnam's rice export activities become extremely bustling.
24/11
2023
Container carriers serving India-US trades seem to have regained some strength to attempt higher rate increases amid promising export trade indications.
24/11
2023
Container shipping will be the hardest hit shipping sector in January when the European Union Emissions Trading System (EU ETS) goes live with the carriers liable for around €1.82 billion in carbon charges at today’s prices, by 2026.
09/11
2023
"The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships owned by Greek and Chinese shipping companies contribute 34% of the total fleet’s deadweight tonne capacity," says Niels Rasmussen, chief shipping analyst at BIMCO.
09/11
2023
International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial results for the nine months of 2023 posting revenue from port operations of US$1.76 billion, an increase of 7% compared with the same period in 2022.
26/10
2023
The port of Oakland's September container volume remained relatively steady compared with August box throughput reaching 134,186 TEUs, marking a slight 1.2% increase over the same month in 2022.
18/10
2023
Federal and state funding is on the way for hydrogen projects at the Port of Oakland. This is because the Biden administration announced on 13 October that California will receive up to US$1.2 billion as a designated hydrogen centre.