FREIGHT NEWS

Port of Rotterdam posts lower earnings amid container volume decline
Port of Rotterdam posts lower earnings amid container volume decline

Port of Rotterdam has seen a decrease in its container throughput during the first half of the year, handling 6.7 million TEUs, which translates to an 8.1% decline over the same period in 2022.

THE Alliance set to raise capacity on Asia-North Europe service
THE Alliance set to raise capacity on Asia-North Europe service

Capacity on THE Alliance’s FE3 Far East - North Europe loop is expected to increase, as Hapag-Lloyd and Ocean Network Express (ONE) will take delivery of four more 24,000 TEU newbuildings in July and August. The four ships will replace vessels in the size range from 13,400 to 19,870 TEU, according to Alphaliner.

CMA CGM revamps EURONAF service
CMA CGM revamps EURONAF service

French ocean carrier CMA CGM has revised its EURONAF service, which will now consist of four loops instead of two.

Rotterdam World Gateway to increase capacity by 1.8 million TEUs
Rotterdam World Gateway to increase capacity by 1.8 million TEUs

Dutch container terminal Rotterdam World Gateway (RWG) has agreed to a gradual extension of its terminal at the Prinses Amaliahaven on the Maasvlakte in the port of Rotterdam with its shareholders DP World, CMACGM/Terminal Link, HMM and MOL, and the Port of Rotterdam Authority.

Container traffic at Saudi ports increase in May
Container traffic at Saudi ports increase in May

Saudi Ports Authority (Mawani) reported 709,944 TEUs in May, translating to an 18.8% year-on-year growth.

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).


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