#News Cargo
Port of Los Angeles Recognizes Shipping Companies Efforts to Reduce Emissions by Slowing Down
The Port of Los Angeles celebrated the work of over two dozen shipping companies for taking part in the Vessel Speed Reduction Program (VSRP). The VSRP is a...
Container lines see earnings plunge 90% in second quarter
After two very profitable years for the shipping lines, the market is shifting into a post-pandemic normality, as reported by Sea-Intelligence. More specifically,...
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...
06 Januari 2025
Hurricane Beryl trims cargo volumes in Houston and New Orleans
25 Januari 2025
Container freight rates tumble
08 Februari 2025