South Africa to Revamp its Ailing Port System
CAPE TOWN : South Africa’s National Ports Authority (NPA) will operate as a stand alone business under the aegis of state-owned freight logistics group Transnet, President Cyril Ramaphosa said on Tuesday, as the country
Get Ready for Years of Chaos in Container Shipping
LONDON : First there were the queues at the twin ports of Los Angeles and Long Beach, which left as many as 40 container vessels awaiting a berth in early February amid a flood of traffic.
Short sea container shipping service ready for launch
KOHZIKODE : The brief sea container delivery service between the Vallarpadam container terminal and the Beypore port will start on June 24. Carrying coastal and export-import (exim) transshipment containers, Motor Vessel Chowgule-8 owned by
Container lines forced to emergency actions amid continuing Yantian congestion
CMA CGM is the latest shipping carrier to apply a port congestion surcharge (PCS) on the refrigerated containers which are expected to arrive in the Port of Yantian, as the congestion crisis in the
NMPT handles large parcel size vessel MV SSL Brahmaputra
MANGALORE : New Mangalore Port Trust (NMPT) handled the MV SSL Brahmaputra – a largest parcel size container vessel — at the port on Tuesday. A statement by NMPT said that this is the largest parcel
Congress discusses forcing liners to accept US export container bookings
LOS ANGELES : American politicians are discussing taking drastic action to force global liners to take all US export container bookings. A Republican and a Democrat have pitched the idea to the US House
CMA CGM partners with Singaporean start-up for container haulage in Thailand
SINGAPORE : CMA CGM will work with the Singapore logistics technology start-up Haulio, which, through its digital haulage solutions, will move the French carrier’s containers on Thailand’s major inland corridor of Bangkok, Lat Krabang
Records tumble for listed liners
SINGAPORE : Listed global carriers recorded a combined $16.2bn in operating profits in the first quarter this year, with seven of the 10 carriers recording EBIT of over $1bn in the three-month period, data