#Export

World's largest container ship MSC Loreto at Felixstowe

 The world's largest container ship is set to return to the Port of Felixstowe this week.  MSC Loreto is expected to dock at the port at about 8am o...

MSC revises rotations of Asia to North Europe/US services

MSC has announced the revision of the port rotation in two services from Asia to North Europe and the United States. The Swiss/Italian ocean carrier noted that Sw...

The global freight recession will continue in 2024: CNBC Supply Chain Survey

The global shipping industry has been mired in a freight recession this year and the challenging economic conditions will continue into 2024, according to a new CNBC...

China lists container shipping futures for tradelanes to Europe

China has made a new attempt to create a container shipping futures product, listing the Containerized Freight Index Futures (Europe Service) on the Shanghai Interna...

Shippers bet on green methanol to cut emissions, supply lags

Container shippers are ordering vessels powered by methanol to reduce greenhouse gas emissions, but it will take years for renewable methanol output to meet demand a...

What are Port Services?

Bustling seaports around the world handle a staggering 92% of goods traded in the world. Several thousands of intermodal containers pass through such marine logistic...

Wait for airfreight recovery could extend deep into 2024

Air logistics companies are grudgingly writing off the traditional peak season as weak macroeconomic conditions drag out the freight downturn longer than expected. L...

Port of Los Angeles Cargo Volumes Fall 27% in July

The Port of Los Angeles moved 684,291 Twenty-Foot Equivalent Units (TEUs) in July as cargo volumes declined 27% compared to last year’s record month. &ldquo...

Hong Kong International cargo volumes continue to recover

Hong Kong International Airport saw its cargo volumes continue to grow in July as it registered a year-on-year improvement for the second month in a row. The airp...

Mid-Sized Ocean Carriers Navigate Troubled Waters Amid Profit Plunge

Mid-sized ocean carriers are losing money and the outlook is particularly bleak for the smaller lines, obliging them to consider radical network restructuring. Ya...

MSC withdraws from acquisition of Livorno’s container terminal

Swiss/Italian shipping company MSC has decided to withdraw its interest in buying Terminal Darsena Toscane (TDT) at the port of Livorno in Italy. Obstacles from c...

More Blanked Sailings and Rate Increases for Transatlantic Shipping

Container spot rates on the transatlantic came under renewed pressure this week, obliging ocean carriers to cut supply on the route by blanking more sailings. Mor...

Qatar buys into Rotterdam port

The reshuffle of operators at Europe’s largest port continues apace with Qatar coming onboard.  QTerminals Group and Qatar Navigation have acquired a m...

Amid record-low Transatlantic trade rates, shippers must seize opportunities before market rebounds: Xeneta

Spot rates on the Transatlantic front haul trade from North Europe to the US East Coast (USEC) are plummeting rapidly. According to Xeneta's platform data, the m...

Container shipping market far from disaster territory: OOCL

Hong Kong-listed Orient Overseas International (OOIL), parent of OOCL, reported a profit attributable to equity holders of $1.13 billion for the first half of 2023 c...