China Merchants Port has acquired an increased stake in Shanghai port operator – Shanghai International Port Group (SIPG). The company has acquired an aggregate of 328,750,659 SIPG shares through on-market purchases on…
Container traffic at the Port of Antwerp in Q1 2022 has fallen by 11.6 per cent compared to the same period in 2021. A total of 2.73 million TEU passed through the port over the last three months. The decline in volumes…
The Ever Forward has been successfully refloated after being stuck in Chesapeake Bay for almost a month. The 12,000 TEU box ship will return to the Port of Baltimore to reload the cargo that was discharged earlier this…
The Port of Long Beach has seen its busiest March on record, moving a total of 863,156 TEU. The sum demonstrates a 2.7 per cent increase over the port’s container volumes in March 2021. Last month, import containers…
Container volumes at Port Houston are up 20 per cent year-on-year in Q1 2022, almost reaching 1 million TEU. After a productive March where it moved 308,557 TEU, the port has now processed a total of 903,393 TEU since…
DCT Gdansk, the largest container terminal on the Baltic Sea, has handled a record number of containers in March 2022. Last month, the terminal processed 206,645 TEU, an increase of 9 per cent over its previous record in…
Despite limited availability of trucks due to a nation-wide diesel shortage, the Sri Lanka Ports Authority (SPLA) say port operations across the country are “moving flawlessly”. Dr. Prasantha Jayamanna, Chairman of the…
The Port of Antwerp has partnered with Foodcareplus, Dockflow, and TrakAssure to launch Europe’s first end-to-end LoRaWAN-based cargo temperature monitoring service. Foodcareplus brings its experience in producing…
Resulting from record demand and supply chain capacity challenges, container lines saw record earnings in 2021. A.P. Moller – Maersk (Maersk) and CMA CGM are amongst the top performers. Maersk saw the largest yearly…
Logistics and supply chain operator MEDLOG will set up a new automated container park at the Port of Brisbane. The company, which is one of the businesses within the MSC Group, has signed a 30-year lease for a…
GCT Global Container Terminals Inc. (GCT) has announced the delivery of four ZPMC USA Rubber-Tyred Gantry (RTG) cranes at its Bayonne terminal. Brian Kobza, Director of Sales and Marketing at GCT, said that the new RTGs…
The European Commission (EC) has implemented its fifth round of sanctions against Russia following the country’s military action in Ukraine. One of the six pillars of the latest round of sanctions sees all Russian…
