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Global schedule reliability “seems to have broken the trend seen since the start of this year,” with schedule reliability increasing by 3.6 percentage points in June 2022 to 40.0 per cent. Analysis by…
Maersk has cut import container dwell time by five days at two major US cargo hubs in a bid to clear boxes from terminals. The Danish carrier will reduce import container dwell time from 14 days to 9…
The Port of Nansha, China has begun operations of its fully automated terminal, the first of tis kind in the Guangdong–Hong Kong–Macau Greater Bay Area. According to Guangzhou Port Group (GPG), this…
The deadlock between the US and China over Taiwan is threatening trade disruption as China’s military drills and missile tests commence. Traffic at Taiwanese key ports could severely disrupt the…
AD Ports Group has signed a Memorandum of Understanding (MoU) with Hutchison Ports to extend the companies’ business reach globally. As per the MoU, AD Ports and Hutchison Ports will identify joint…
Nippon Yusen Kabushiki Kaisha (NYK) and Astomos Energy Corporation have participated in a marine biofuel demonstration project launched by the Global Center for Maritime Decarbonisation (GCMD). The…
A.P. Møller – Mærsk A/S (Maersk) has raised financial expectations for its second quarter of 2022 as higher freight rates lingered due to continued congestion across the global supply…
Import and export ocean shipment volumes at Chinese ports have bounced back over the past weeks as COVID-19 lockdowns have eased. Volume at the Port of Shanghai has increased since mid-May, with the…
Danaos Corporation (Danaos) has reported strong unaudited results for the second quarter and first half of the year, more than doubling its quarterly adjusted net income compared with a year ago. The…
Port congestion globally is continuing to be exacerbated by a dangerous mix of labour shortages through strikes and inland logistics capacity. According to new data provided by project44, in Europe…
