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- Release on2022-11-01
- German carrier Hapag-Lloyd AG has launched a fresh round of debt offering worth EUR 200 million (USD 213.7 million), upsized from the originally announced EUR 150 million....Read More>>
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- Release on2022-11-01
- HONG Kong and south China-focused container terminal operator Hutchison Port Holdings Trust (HPH Trust) saw throughput at its ports fall 6 per cent in 2016 from the year before brought about by a combination of lower transshipment cargoes and weaker intra-Asia trade....Read More>>
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- Release on2022-10-31
- A multipurpose vessel and two other container vessels ordered before the 2008 financial crisis were finally delivered and put on the market recently after a long delay....Read More>>
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- Release on2022-10-31
- In the first nine months of 2022, cargo volumes in the Port of Rotterdam were almost the same as in the same period last year: 351 million tonnes (0.3%). However, there are some potentially significant differences, notably due to the war in Ukraine, sanctions on Russia, and changes in global energy flows. For example, coal and liquefied natural gas (LNG) imports are much higher as substitutes for Russian natural gas. In contrast, container volumes have decreased, not least as a result of lost trade with Russia....Read More>>
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- Release on2022-10-27
- The U.S. supply chain is in the throes of a "bullwhip effect."...Read More>>
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- Release on2022-10-27
- Suppressed by weaker demand for capesize vessels, the Baltic Dry Index (BDI) fell to its lowest level in nearly three weeks after rising for three consecutive sessions last week....Read More>>
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- Release on2022-10-27
- According to a report from Qixia Viewpoint in the early hours of this morning, on the morning of October 25, a large-scale nucleic acid test in Nanjing Economic and Technological Development Zone detected a positive case of mixed tubes. After re-sampling, review and close inspection, it was found that there were Nucleic acid tests of several stevedores were initially screened for abnormalities. As of 23:00 on October 25, 13 people have been diagnosed with related positive infections....Read More>>
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- Release on2022-10-25
- The Port of Los Angeles, the largest container port in the U.S., is facing excess inventory and saw a drop in cargo during what should have been its busiest shipping period....Read More>>
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- Release on2022-10-25
- The Kieldrecht lock at the Belgium’s Port of Antwerp has been inaugurated today when H.M. King of Belgium officially opened this, now the world’s largest lock, by pressing the button to symbolically mark the inauguration....Read More>>
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- Release on2022-10-25
- The unionized workers at the financially troubled South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) are planning to launch a strike as the majority of the workers voted in favor of a walkout....Read More>>
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- Release on2022-10-24
- The Prime Minister of this country announced: continue to ban the export of rice!...Read More>>
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- Release on2022-10-24
- Previously, the German federal government has been blocking Chinese investment in the Port of Hamburg. Although the Port of Hamburg welcomes Chinese investment, the German federal government has issued a ban on this. According to a recent report by Deutsche Welle, German Chancellor Scholz still allowed Chinese investors to take a stake in the Port of Hamburg despite the unanimous opposition of six ministries including the German Federal Ministry of Economic Affairs and the Ministry of the Interior....Read More>>
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