JNPA handles new high of over 6.43 million TEUs in fiscal 2023-24
MUMBAI : Jawaharlal Nehru Port Authority (JNPA) was estimated to achieve a throughput of over 6.43 million TEUs in fiscal 2023-24, at the time of going to press.
Container lines record combined EBIT loss of US$1.44 billion in 2023 Q4 : Sea-Intelligence
COPENHAGEN : Following Sea-Intelligence‘s previous announcement on 21 March, which provided insights into the fiscal year 2023 results, the data analysis firm now delves into the operating profit
Sea-Intelligence sees 2023 profitability close to pre-pandemic levels
COPENHAGEN : In 2023, all ocean carriers saw sharp year-on-year declines in their revenues, ranging between 46.6% and 62.6%, according to the latest Sea-Intelligence report. The Danish maritime
Ships above 12,000 TEU drive 100% increase in average ship size : BIMCO
LONDON : “Since 2006, the average container ship has doubled in size to 4,580 TEU and ships with a capacity of more than 12,000 TEU has accounted for
Shipping containers to post two consecutive years of decline: Drewry
LONDON : The global pool of shipping containers is expected to contract in both 2023 and 2024, according to Drewry’s latest report on the container equipment market. “While
Asia to Europe containerised exports surge to 16.5 million TEUs in 2023
TOKYO : According to data compiled by the Japan Maritime Center (JMC) using information from Container Trades Statistics (CTS), containerised exports from Asia to Europe reached 16.58 million
Contrasting schedule reliability in Taiwan’s container lines, Evergreen tops in December 2023
COPENHAGEN : Sea-Intelligence has released the 149th issue of the Global Liner Performance (GLP) report, providing schedule reliability data up to and including December 2023 and covering schedule
Xeneta forecasts freight rates to rise further in February amid Red Sea Crisis
OSLO : Early indications suggest ocean freight shipping rates are set to increase further in early February amid the ongoing Red Sea crisis, according to data released by
Container rate surge slows as Chinese New Year approaches
SINGAPORE : Container rate levels are seeing the expected levelling out prior to Chinese New Year as the initial shock of the Red Sea crisis wanes and new
Saudi Ports Authority “Mawani”, announced a 12.07% increase in container handling across
RIYADH : Saudi Ports Authority “Mawani”, announced a 12.07% increase in container handling across the ports under its management in 2023. A total of 8,443,746 TEU were handled,