Container lines have many tools available to root out bad rogue shippers misdeclaring dangerous goods. But until now there has been no way to share information with rivals
Containers, cruise and car terminal all contributed to positive result
Carriers have seen the summer’s rally in transpacific and Asia-Europe freight rates quickly lose momentum, and the picture is further complicated by weak freight demand outlook and an upcoming influx of newbuilds. Meanwhile, lessors have seen charter rates slipping after holding up ‘remarkably well’, despite box market downturn
East coast’s largest port sees volumes fall 24.1% below last August, which was its strongest month on record, but also dip 2.5% below the same period in 2019, as retailers continue to work through inventories accumulated during last year’s cargo surge
Operating capacity in the port of Savannah fell in August as the port was rebuilding several berths, Georgia Port Authority chief executive Gryff Lynch said, while other east and US Gulf coast ports also saw volumes fall compared with the record-breaking levels of the same period last year. Year-to-date, port of Savannah volumes are 5.2% above prepandemic levels
Two Odesa residents were killed in Russian drone and missile strikes. The overnight comes after regional trade resumed
Plans are in place to prevent carriers avoiding the Emissions Trading System tax by way of using transhipment hubs. But forwarders warn that unless the list is extended, they risk facing more complicated supply chains
The world’s container shipping volumes will line up with global economic growth in the long run, Cosco Shipping executive vice-president Lin Ji says
Scope of Shanghai-San Pedro Bay green shipping corridor to cover container moves from the terminal gate in the port of loading to gate in the port of unloading, and will measure emissions on a well-to-wake basis
European Sea Ports Organisation said ships are already rerouting to ports outside the bloc to avoid paying the EU Emissions Trading System
Expansion of DFDS’ Mediterranean network follows purchase of Turkish ro-ro cargo vessel operator UN Ro-Ro five years ago
The Palau-flagged vessels are expected to load nearly 20,000 tonnes of wheat
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