News

Container line ONE did not include a full year forecast for 2023 in its 2022 results, saying the outlook for 2023 is extremely difficult to predict. Gary Howard | Apr 28, 2023 In its 2022 full...

Chinese port operator Xiamen port is going to invest RMB11.8bn ($1.71bn) in the construction of four large-size container berths at Xiang’an port area. Katherine Si | Apr 20, 2023 Approved by ...

The Southern Californian gateway port of Long Beach saw a 30% drop in container volumes in the first quarter of the year. Marcus Hand | Apr 20, 2023 The Port of Long Beach handled 1.72m teu in...

Chinese port operator Cosco Shipping Ports’ acquisition of a stake in a Hamburg port container terminal has hit political hurdles once again as Germany is reassessing the deal. Katherine Si | Apr 16, 202...

A new US container carrier Oceanus Line has launched its first service linking Florida and Texas with Mexico and Colombia. Michele Labrut | Apr 11, 2023 Oceanus Line is based in Coral Gables, ...

In the end of an era Pacific International Lines (PIL) has shifted out of its Singapore headquarters building in the heart of the city’s central business district after 42 years. Marcus Hand | Apr 10, 20...

Israeli container line ZIM is the latest line to release its 2022 results, adding to the trend of significantly lower rates and profit in the fourth quarter 2022. Gary Howard | Fourth quarter ...

Annual contracts are being negotiated between shippers and lines on the Transpacific container trade ZIM warns if rates are too low it will stop sailing. Marcus Hand | Container spot rates hav...

Freight forwarders and NVOCCs spend up to 80% of their time manually solving problems with low-tech container operations processes, according to one logistics platform. Gary Howard Speaking to...

Cosco Shipping Ports announced its investment of a 25% stake in a new container terminal at Egypt's Ain Sokhna Port. Katherine Si | Mar 17, 2023 The company has signed project agreement with p...