Container prices double, leasing rates triple in China
BEIJING : 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
INS Tabar arrives Alexandria
NEW DELHI : As part of her ongoing deployment to Africa and Europe, Indian Navy’s frontline frigate, INS Tabar, arrived at the historic Port City of Alexandria, Egypt
Ports join hands in building sustainable shipping corridor
LOS ANGELES : Two large COSCO cargo ships filled with containers were anchored at the bustling Port of Long Beach, south of downtown Los Angeles, standing out prominently
AD Ports Group & Saif Powertec cooperate on port projects in Bangladesh
MONGLA : AD Ports Group and Saif Powertec Ltd. have signed a Memorandum of Understanding (MoU) to potentially cooperate on operational projects and projects under development in various
First commercial electric cargo handlers operate at Port of Los Angeles
LOS ANGELES : The Port of Los Angeles has achieved another significant milestone in its journey towards becoming a zero-emission (ZE) port by deploying the first commercially available
Dali cargo ship leaves for Virginia, nearly three months after bridge collapse
BALTIMORE : On March 26, the cargo ship Dali lost power and crashed into one of the Francis Scott Key bridge’s supporting columns and caused the bridge to
Operations in Port of Antwerp resume after container fire
ANTWERP : Operations in Port of Antwerp-Bruges resume after container fire after container fire breaks out, Port of Antwerp-Bruges reported a container fire incident at MSC PSA European
Port of Melbourne container throughput increases in May
MELBOURNE : The Port of Melbourne has announced its May trade figures, which indicate a considerable year-on-year (YoY) rise in container throughput to 281,000 TEU. In May 2024,
Merchant ship attacked by drone off coast of Yemen in Red Sea : UK agency
HODEIDA : A merchant ship was damaged by a drone attack in the Red Sea near Yemen early Sunday morning, though no injuries were reported, according to a
Congestions at global transhipment ports force shipping lines to pause cargo bookings
MUMBAI : Congestions at major transhipment ports across the globe and resultant vessel delays seem to have prompted Main Line Operators (MLO’s) not to accept long transiting reefers