The construction of a new terminal in East Port-Said Port in Egypt, the northern entrance to the Suez Canal, has officially commenced. The contracts for developing the terminal were signed in November 2022 between the…
The Port Authority of Valencia (PAV) has recently released data indicating a decline in its ports’ traffic volumes. According to recent Valenciaport’s figures, the volume of tonnes handled from the Valencian port…
According to the latest analysis from Sea-Intelligence, the shipping market is seemingly shifting into a post-pandemic normality as carriers have faced yet another setback to their profits. While Q4 2022 gave people a…
The General Authority for the Suez Canal Economic Zone (SCZONE) has confirmed the successful inaugural green bunkering operation using methanol at East Port Said. It reportedly took six hours for the supply service to…
NYK Line has acquired a 25 per cent stake in PT. Patimban International Car Terminal (PICT), a car terminal operator based at the Indonesian Port of Patimban. The shares were acquired from Toyota Tsusho Corporation, and…
Shandong Port Group (SPG) has pledged to expedite efforts to establish a world-class port cluster inside the Chinese province. Fan Bo, Vice-Governor of Shandong, said: “Currently, a coastal port cluster has formed in…
The Federal Maritime Commission (FMC) has launched an investigation into the detention and demurrage (D&D) charges levied by shipping giant Mediterranean Shipping Company (MSC) and its billing procedures. Through an…
The Georgia Ports Authority (GPA) has gained U.S. Customs and Border Protection’s accreditation for all GPA terminals to offload goods from boats prior to custom and border protection (CBP) clearance. To be eligible for…
CMA CGM has announced updated Freight All Kinds (FAK) rates from all ports in North Europe, as well as the US East Coast and Gulf Coast. This update applies to Northern France, the United Kingdom, Ireland, Scandinavia…
DP World has announced plans to add around 3 million TEU of new container handling capacity by the end of the year. The company currently manages approximately 9 per cent of the world’s handling capacity, putting it…
Evergreen Marine Corp. (EMC) has celebrated the official opening of Terminal 7 at Kaohsiung Port, Taiwan’s first automated container terminal. With the vision of new opportunities for the port and the provision of…
Port of Long Beach has reported that its trade fell in July 2023 as a result of new trade routes, full warehouses, and a change in consumer spending towards vacation, entertainment, and other activities. Dockworkers and…
