Port of Los Angeles Reports Another Busy Month for Cargo Volumes

The Port of Los Angeles reported its ninth consecutive month of year-on-year growth, handling 770,337 container units in April 2024. This marks a 12% increase from t...

Maersk sets new bar with shipping’s first climate target validation

AP Moller-Maersk has achieved another industry first, having validated its decarbonisation targets to be in line with the Paris Agreement’s goal to hold the gl...

Container Prices Double, Leasing Rates Triple in China

The average container prices in China have reached their highest in two years, at US$3,600 this week for 40 ft high cube cargo-worthy containers in China. These p...