The new $800 million terminal will be the largest privately funded marine terminal investment in the Philippines' history and will ultimately be the second-largest container facility after the ...
Container volume at Shanghai port exceeded 49m teu last year, 1.7 million teu higher than the throughput in the year before last, an increase of 3.6%. The port area of Yangshan posted a ...
Parash Jain, Head of Shipping & Ports & Asia Transport Research, was one of the first to flag a sharp decline ahead in container shipping’s fortunes at the start of September when he predicted ...
The Drewry World Container Index (WCI) increased 4.2% over the last week to an average of $8,399.09 per feu. Meanwhile the Shanghai Containerized Freight Index (SCFI) rose 119.14 points over the ...
A total of 25 crew were rescued from a 2,000 teu containership TSS Pearl which caught fire in the Red Sea after it sailed from Jeddah on 4 October. Japanese shipowner NYK said pure car and truck ...
In the second part of our 2023 shipping market outlook series we are focusing on the container sector with Maritime Strategies International (MSI) analyst Daniel Richards. He tells the Seatrade ...
Phase 3A of the two stage AUD235 million expansion project increases VICT’s capacity by 30% to 1.25 million teu and enables the terminal to handle neo-Panama vessels. “This additional ...
With many of the factories shut down, warehouses closed and logistics options limited, cargo volume at Shanghai port dropped in April. The daily average container handling capacity of Shanghai was ...
The Shanghai Containerized Freight Index (SCFI) Shanghai – Europe reported a rate of $2,948 per teu on Friday compared to $2,374 per teu a week earlier, a jump of 24.2%, and equating to around $ ...