Fixing South Africa’s rail network must be given national priority

The decline of the South African freight rail network is really a national problem. Current estimates are that freight volumes have declined by 30% over the past five years.…

Hapag Lloyd CEO claims container shipping freight rates are too low

According to the chief executive of Germany's Hapag Lloyd, Rolf Habben Jansen, global container shipping freight rates have reached unsustainable levels and must rebound.…

National Retail Federation reacts to disruptions at Ports of Oakland and Long Beach terminals

The National Retail Federation today issued the following statement from Senior Vice President of Government Relations David French after reports of disruptions at terminals…

Vietnamese PM calls for measures to prevent congestion at border crossings

Prime Minister Phạm Minh Chính has asked relevant ministries and authorities to urgently develop measures to prevent congestion at border gates with China in the northern…

Kuehne+Nagel acquires leading South African freight forwarder Morgan Cargo

Kuehne+Nagel signed an agreement to acquire Morgan Cargo, a leading South African, UK and Kenyan freight forwarder specialised in the transport and handling of perishable…

Protesting laborers shut down Maersk Line, Five Star Logistics and other shipping companies

The Maritime Workers Union of Nigeria (MWUN) has made good it’s threat to shut down operations at the ports starting from Monday, June 5th. The union is protesting against the…

Direct cargo flight launched between Kenya and Israel

Through recently launched direct flights between the two countries, Kenya is focusing on export growth by increasing the volume of horticulture and other agricultural products…

Top 10: The busiest container ports in Europe

There are several important container hubs in Europe, which are key points for the global supply chain industry. The container sector is increasingly developing in the…

Kazakh representative proposes to build a food warehouse on the border with China

Representatives from Kazakhstan have made a working trip to China to strengthen their trade and economic ties between the regions. Their visit included the "Khorgos 5G". It…

West Coast ports shut down as union laborers do not show up for work

West Coast ports are shutting down as union workers "no show" after a breakdown in negotiations with port management. The Port of Oakland was shut down Friday morning due to…

Maersk joins India and US general rate increase push

Maersk is the latest carrier to attempt a general rate increase (GRI) on containerised trade from India to the United States. From 25 June, the Danish will begin a GRI levy of…

Drewry

Drewry’s composite World Container Index decreased by 0.2% this week

Drewry’s composite World Container Index decreased by 0.2% to $1,682.10 per 40ft container this week. Drewry assessment for Thursday, 01 June 2023The composite index has decreased by 0.2% this week, and has dropped by 77.9% when compared with the same week last year.     The latest Drewry WCI composite index of $1,682 per…

Veteran air-cargo manager's 35 years of sending fresh produce across Asia

Hong Kong's airline, Cathay Pacific's veteran air-cargo manager Shuichi Ueba is now in his 35th year for the company and has seen it all. As the Regional Head of Cargo for…

WFS opens air cargo terminal at Kempegowda International Airport

Worldwide Flight Services (WFS) has opened an air cargo terminal and cold chain facility at Kempegowda International Airport, Bengaluru. The cargo handler was granted a…

Canadian Pacific Kansas City adds 1,000 new reefer containers for US-Mexico services

Canadian Pacific Kansas City (CPKC), the newest rail freight company in the United States, added 1,000 53-foot reefer containers for its Mexico Midwest Express (MMX)…

Xeneta container contract rates drop 27.5%

Xeneta’s Shipping Index (XSI) has been falling for the past nine months as shippers renegotiated lower contract rates on the back of sharply falling spot rates. However, the…

Blackstone completes acquisition of majority stake of Copeland

Blackstone and Emerson announced that private equity funds managed by Blackstone have completed the previously announced acquisition of a majority stake in Emerson’s Climate…

Air cargo demand decline slows in April

The International Air Transport Association (IATA) released data for April 2023 global air cargo markets, showing a continued, but slower, decline against the previous year’s demand performance. Global demand, measured in cargo tonne-kilometers (CTKs), fell 6.6% compared to April 2022 (-7.0% for…

FreshPlaza Global Focus on Cooling/ Logistics

In June FreshPlaza will be focussing on the cooling and logistics sectors. Are you involved in either of these sectors? If so we would love to hear from you. You can send us some information or we can call you for an interview, just let us know. You can contact info@freshplaza.com     MarketingWould you like to get some…

Peel Ports Group builds new multi-dollar storage facility at Port of Liverpool

Peel Ports Group has announced an investment of approximately US$34.5 million in a new facility at the Port of Liverpool in the United Kingdom. The company's largest single storage investment in the current year aims to a nearly 22,300m² warehouse, which is expected to be built at Peel Port's Alexandra…

PIL successfully delivers first shipment of avocados from Africa to Asia

Reflecting the growing use of controlled atmosphere (CA) technologies to maintain quality of fruits and vegetables over extended shipping times, Pacific International Lines…

Where in the world is my container?

Dirk Winkelmann, president of Vanguard Direct, gives an update on the industry and its ongoing supply chain challenges. According to Winkelmann, there has been improvement in areas such as North America and Europe. However, Asia and Mexico are still experiencing many challenges. "Moving from the COVID…

Rofracht GmbH

"Great potential for LNG and hydrogen trucks"

Consumption of overseas items, such as bananas, traditionally declines somewhat in the summer. "From February to May, we are usually at full capacity in this area, as a lot of fruit is consumed and therefore transported during these months. Due to the persistent cold weather, the transport volume of…

“The basic temperature and humidity USB type recorder is more popular in the market”

Sea freight rates, which have been on a downward trend in recent months, have stimulated the international fruit and vegetable trade. It is the peak fruit season in the northern hemisphere, and with the increase in import and export volume, the market demand for temperature recorders used in logistics…

Pacific International Lines decides to only accept prepaid freight in imports to Argentina

Effective 1st June 2023 (ship on board date), Pacific International Lines will only accept new import shipments into Argentina on a freight prepaid basis. Payments must be…

Sea Intelligence

Schedule reliability improvements slowing down

Sea-Intelligence has published issue 141 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including April 2023. As the report itself is quite comprehensive and covers schedule reliability across 34 different trade lanes and 60+ carriers, this press release will…

Cape Town Air Access happy with Intra-Africa route expansion

Cape Town Air Access is a route development project powered by Wesgro. It is responsible for developing direct links between the Western Cape and the rest of the world. It is…

Port of Oakland April container volume climbs second month in a row

The Port of Oakland’s total container volume is picking up compared to last month. This marks the second month in a row that Oakland’s cargo volume is on the rise. Port of Oakland April loaded container volume rose by more than 7,000 TEUs from March 2023. “Given the increase we’ve seen in business over…

2M cuts Tokyo from USWC service as Japanese exports fade

In another sign of declining cargo volumes to and from Japan, the 2M Alliance of MSC and Maersk has cut Tokyo from its Far East-US West Coast TP8 service. Maersk Line's…

Qatari SARCO to set up $50 mln logistics center in Oman

Al Seeb Technical (SARCO), a subsidiary of the Qatar-headquartered business conglomerate Al Mana Holding, signed an agreement to establish a $50 million (OMR19 million)…

South African fruit exports can’t do without Russia

South Africa has had an unusual amount of rain, overlapping among the summer and winter rainfall areas, and days of harvest have been lost.“Every time you think you can hazard a guess, it rains again,” Francois Hugo of Pomona Fruit says. The company supplies Russian retail with South African fruit.…

"The future of logistics will be green"

On May 24 and 25, the international logistics industry went to Hamburg for the 20th Logistics Days. The two-day congress, accompanied by a trade exhibition, was once again a meeting place for experts from trade, industry and science as well as a showcase for approaches and projects to exploit…

Reefer shipping to outpace growth of dry cargo trade

Seaborne reefer trade is on the brink of returning to growth in 2023, with volumes set to increase by 2.1%, outpacing the wider dry cargo trade, to reach 140.5 million tons…

Drewry's

Drewry’s composite World Container Index dropped to $1,685 per 40ft container this week

Drewry’s composite World Container Index has decreased by 2% this week, and has dropped by 78% when compared with the same week last year. The latest Drewry WCI composite index of $1,685 per 40-foot container is now 84% below the peak of $10,377 reached in September 2021. It is 37% lower than the 10-year…

Container spot rates remain high despite weaker supply/demand balance

In this week’s “Shipping Number of the Week” from BIMCO, chief shipping analyst, Niels Rasmussen, looks at the fact that despite a 70-80% fall in freight rates, and worsening…

Carriers adopt ‘freight collect’ to avoid payments in Argentine currency

Shipping company MSC and seven others have announced that, from June onwards, ‘freight collect’ will be charged for exports from Argentina. This means that the charges will be…

ASOEX wants more diversification of Chilean port for fresh fruit exports

In order to analyze the feasibility of increasing fresh fruit exports through the Port of Lirquén (DP World Lirquén), ASOEX representatives held a meeting with executives from…

Port of Wilmington ranked number one in productivity

Out of all ports in North America, based on a report of customer data, the Port of Wilmington ranked number one in productivity. Brian Clark, executive director for the North…

Turkish cargo adds value to nation's exports

A deal between the Turkish Exporters' Assembly (TİM) and Turkish Airlines on cargo shipment has produced good results, helping companies boost their exports. Under the deal,…

Snapl opens port warehouse in New Jersey

US supply chain service provider Snapl has announced the opening of a new warehouse in Gloucester City, New Jersey. The warehouse, located across from the Holt Logistics, Del…

Panama Canal again lowers drought restrictions

Due to a severe drought affecting the Panama Canal, container vessels are to lighten their loads and pay higher fees. Further increases in the cost of shipping cargo through…

Girteka on the road to becoming global company through Citi Bank partnership

Girteka, an asset-based logistics company in Europe, has announced a strategic partnership with Citibank Europe plc (Citi) to take its financial operations to the next level. The partnership will allow Girteka Group to streamline its financial transactions and operations with the help of Citi's advanced…

Australian company launches multi-modal routing engine and platform

Fluent Cargo, an Australian technology company specializing in international shipment planning and research, announces the launch of its multi-modal routing engine and…

Mango express shipments from Vizianagaram have resumed

The Kisan Express, aka the Mango Express, has resumed its journey from Vizianagaram to New Delhi to supply mangoes to the north Indian markets. So far, thirteen trains have…

The EU market is not very promising for Kirghiz exporters, according to an expert

Kyrgyzstan obtained GSP+ status from the European Union in January 2016. However, according to National Statistics Committee, Kyrgyzstan's exports to Europe amounted to only…

Global container production, once experiencing roomy growth, is now in a tight spot

Recent data suggests that global container production, once experiencing roomy growth, has now found itself in a tight spot. Until only recently, shipping giants were scrambling for containers, thanks to a pandemic-induced crunch and simultaneously roaring demand. But now, the situation has changed:…

Border delays blamed for halving British fruit exports to the EU

Delays at the border are being blamed for a halving in exports of British fruit to the EU, as well as impacting other sectors such as dairy and flowers. Data from HMRC shows…

Transnet Port Terminals is preparing for a bumper citrus season

Striving to handle increased volumes of citrus for current citrus export season, Transnet Port Terminals (TPT) says its operators of lifting equipment are concluding a…

Pakistan and Russia open direct shipping route

Pakistan is set to welcome the first container ship directly from Russia at Karachi Port on May 25. This will mark the opening of a new sea route for direct shipping service…

"A load of potatoes there, and back with pallets"

It has been four and a half years since Van der Windt acquired the pallet and container business Wipal. These are both Dutch companies. Van der Windt's various branches have been active in potato and fodder trading and transport for many years. "A great combination," says sales manager Huub van Velden.…

How to maintain the cold chain during cross-border shipments

The global perishable cold chain is made up of a network of stakeholders who play essential roles in preserving quality and safety of fresh produce. The task of shipping perishable product is fraught with challenges. “However, maintaining consistent holding temperatures and proper quality assurance (QA)…

Citrus growers want Public Enterprises Minister to urgently fix SA’s rail network

The South African citrus sector has urged Public Enterprises Minister Pravin Gordhan to urgently fix the country’s rail network, as this is indispensable in boosting exports…

Nigerian agro exports will see increased air cargo transportation

Data shows that demand for transporting agro products by air is becoming increasingly global due to the need for consumers to access the products in their original state,…

'Growth momentum continued to improve throughout the first quarter of 2023'

Global PMIs show that growth momentum continued to improve throughout the first quarter of 2023. This growth is being driven by services as China continues post-pandemic…

Ministers Donohoe and O’Donovan welcome signing of contract for major investment in Rosslare Port

The Minister for Public Expenditure, NDP Delivery and Reform, Paschal Donohoe, today (Monday 22nd May), welcomed the Contract Award to commence work on the essential upgrade…

US West Coast ports regain some of the lost volume

It seems that several US importers, who shifted cargo away from West Coast ports to rival gateways over labor disruption fears, have begun bringing some of that volume back.…

'Generally stable waiting times for ports in North and Latin America anticipated'

Hamburg Süd has shared its Market Update on the Latin American market. Major trade lane market overview Port statusWe anticipate generally stable waiting times for ports in North…

Port of Los Angeles handled 688,000 TEUs in April

The Port of Los Angeles processed 688,110 TEUs in April, a 22% decrease compared to last April, which was the second busiest on record. Loaded imports in April 2023 totaled…

ClemenGold donates 1,000 tons of citrus to South Africans during 2023 season

ClemenGold® International has just announced a partnership with SA Harvest, to donate 1,000 tonnes of citrus to South Africans during the 2023 citrus season. “Caring for the communities surrounding our partner farms and packhouses has been a value upon which we’ve acted since the establishment of our business.…

Drewry's

Drewry’s composite World Container Index decreased by 1% to $1,719.95 per 40ft container this week

Drewry’s composite World Container Index decreased by 1% to $1,719.95 per 40ft container this week, and has dropped by 78% when compared with the same week last year.     The latest Drewry WCI composite index of $1,719 per 40-foot container is now 83% below the peak of $10,377 reached in September 2021. It is 36% lower…

Five-year Business Environment and Export Enhancement Programme will be a win for Kenyan exporters

Kenya could be in for a major win as the shift to shipping fresh produce by sea gains momentum. Kenya plans to move 50 percent of horticultural exports from air to sea freight…

Pakistan-Russia direct shipping service will start on May 25

A direct, containerised shipping service linking Pakistan and Russia is scheduled to commence operations later this month. The service will be creating enhanced trade access…

Truck drivers to boycott moving freight into or out of Florida

Over the weekend, it seems that many truck drivers were planning to boycott moving freight into or out of Florida in response to the state’s new law regarding migrants. The…

Support for funding of I-19 interchange improvements near Nogales

Produce truck traffic will become more efficient and safer with the availability of funding for key interstate intersections along I-19 in Southern Arizona. Left to right: Lance Jungmeyer, FPAA president; Raquel Espinoza, FPAA chair-elect; Senator Rosanna Gabaldon; Nogales Mayor Jorge Maldonado; Santa…

Sea Intelligence

35% added pressure on US port capacity

In the pre-pandemic period in 2018-2019, the median time spent in port – based on data from United Nations Conference on Trade and Development (UNCTAD) – was relatively stable around 16.5-17 hours. This then increased to 20 hours at its peak during the pandemic in the second half of 2021 and first half…

Mozambique's newest cold store opens

A newly-built cold store was on 16 May opened at its site in the Matola Cargo Terminal where stakeholders in the clearing and forwarding of fruit met. The Matola Cargo Terminal within the port of Maputo, Mozambique, forms part of the TLG Group. The Perishable Products Export Control Boards will take up…

Port of Hamburg in a challenging environment

The problematic trend in the world economy is affecting Port of Hamburg throughput figures. As in other ports of Northern Europe, seaborne cargo throughput is falling, yet the…

"From the new location, we want to expand our delivery area in a staggered manner"

During the night of May 1 to 2, the first goods were scheduled and delivered at Fruchthaus Hulsberg's new location in Ganderkesee. The heart of the new facilities is the Freshcut production, where the latest plant technology is used to produce, among other things, sliced salads, onions and mushrooms for…

Port of Long Beach trade softened in April

Cargo container traffic slowed at the Port of Long Beach in April as consumers continued to limit purchases and shippers shuffled trade from the West Coast to seaports on the…

New air cargo route links Shenzhen and Jakarta

A new air freight route has officially opened between south China's metropolis of Shenzhen and Jakarta, the capital of Indonesia. The route is operated by Central Airlines six…

The Ambassador of Sudan announced negotiations on launching direct flights with Russia

Sudan is looking to expand its exports to Russia. "Negotiations are ongoing to launch direct flights between the African country and Russia", stated The Sudanese Ambassador to…

International Women’s Achievement Award for Pat Compres

World Trade Center Miami recognized Patricia Compres, founding and managing member of Advance Customs Brokers & Consulting, as one of five outstanding women in the international trade arena. The International Women's Achievement Award was presented on May 5. The award honors women practitioners who have…

"Extending the storage period of cherries can bring more benefits"

The Chilean cherry season has come to an end. This season, the export volume of Chilean cherries reached 415,315 tons, a sharp increase of 17% from the previous season. The…

HHLA faces challenging start to 2023

The start of 2023 was a challenging period for Hamburger Hafen und Logistik AG (HHLA) in the face of ongoing geopolitical tensions, EU economic sanctions and slower economic growth. The HHLA Group’s revenue fell by 5.6 percent to € 364.7 million in the first three months of the year (previous year: €…

Real-time container tracking via myKN by Kuehne+Nagel

Congestion and capacity constraints have made container visibility in recent times an absolute necessity for supply chain management. The new Container Dashboard in…

APM Terminals pledges EUR962 million investment in Brazilian Terminals by 2026

As part of a Dutch trade delegation to Brazil this week, APM Terminals’ CEO Keith Svendsen pledged a EUR962 million (R$ 5.2 billion) investment in its Brazilian operations up…

Uncertainty over Cairnryan port facilities to check EU goods

There is uncertainty over whether new facilities will be built at Cairnryan Port to check goods coming from the Republic of Ireland and wider EU via Northern Ireland. The UK…

Bangladesh Railway will again run special mango train

For the fourth consecutive time, Bangladesh Railway is going to conduct a ‘special mango train’ on Chapainawabganj-Dhaka route via Rajshahi this season. Asim Kumar Talukder,…

Australians could be forced to pay significantly more for fruit and vegetables again

Australians could be forced to pay significantly more for fruit, vegetables, milk, and other groceries over the next three years due to rising trucking fees. Transport and…

Drewry's

Drewry’s composite World Container Index decreased by 1% this week

Drewry’s composite World Container Index decreased by 1% to $1,741.44 per 40ft container this week. Its detailed assessment for Thursday, 11 May 2023 states the following: The composite index has decreased by 1% this week, and has dropped by 77% when compared with the same week last year. The latest Drewry WCI composite…

Sea-Intelligence

Schedule reliability rises close to pre-pandemic levels

There were noticeable improvements across all metrics of schedule reliability and average delay on a global, carrier, carrier alliance, and trade lane level in 2023-Q1. This continues a trend that we saw for most of 2022 as well, with the metrics now closer to the pre-pandemic levels than to the…

Bangkokmax now favourite vessel type for regional box trades

Originally designed to access the city port of Bangkok on the Chao Phraya River, Bangkokmax container ships have become the preferred vessels for regional trades in Asia, and…

Indian container volumes shrink as Mundra Port takes a hit

Indian ports got off to a slower start in the fiscal year 2023-24, which began on 1 April. According to exclusive data obtained by Container News, combined volumes out of…

"We introduce a single-use real-time carbon dioxide monitor"

According to statistics from ASOEX, the export of Chilean plums to China in 2022/23 will hit a record high of 55,000 tons. Plums, including prunes, have become the second largest Chilean fresh fruit exported to China after cherries. The Chilean stone fruit season is about to start. Frigga, a professional…

Sea Intelligence

Schedule reliability continues to increase in March 2023

Sea-Intelligence has published issue 140 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including March 2023. As the report itself is quite comprehensive and covers schedule reliability across 34 different trade lanes and 60+ carriers, this press release will…

African air cargo market fixes sights on long-term growth

Africa’s air cargo market is setting its sights on long-term growth, but for now, the continent continues to suffer from the strength of the US dollar and the impact of…

World first in Antwerp port area: drone network officially launched

Six autonomous drones will perform daily flights in the Antwerp port area, a world first that will make an important contribution to the overall security of the complex port environment. Recently launched, the 'D-Hive drone-in-a-box' network is the result of a partnership between the Port of…

A.P. Moller - Maersk inaugurates its first warehouse & distribution facility in Cape Town, South Africa

A. P. Moller – Maersk (Maersk), a global integrator of logistics, today inaugurated its first warehousing & distribution (W&D) facility in Cape Town, South Africa. Present at the inauguration were Ryan Best, Head of Logistics & Services, Maersk Indian Subcontinent, Middle East and Africa, Lubabalo Mtya,…

Hubert Vortkamp GmbH

"Retailers have very rigorous regulations these days when it comes to fresh produce logistics"

For 40 years now, Hubert Vortkamp Ltd has been involved in the transport of temperature-sensitive products, including fruit and vegetables. The company, which has locations in Ahaus and Billerbeck, has gradually expanded its range of services over the years, as Andreas Vortkamp, who is the second…

"Our fresh-keeping sachets help extend the shelf life of stone fruit"

According to statistics from ASOEX, the export of Chilean plums to China in 2022/23 will hit a record high of 55,000 tons. Plums have become the second-largest Chilean fresh fruit exported to China after cherries. As the stone fruit season in the southern hemisphere comes to an end, the stone fruit…

Drewry's

Drewry’s composite World Container Index up 1% this week

Drewry’s composite World Container Index increased by 1% to $1,763.28 per 40ft container this week.  The composite index has increased by 1% this week, but has dropped by 77% when compared with the same week last year. The latest Drewry WCI composite index of $1,763 per 40-foot container is now 83% below the peak of…

Sea-Intelligence

Volume contraction slowing in North America West Coast ports

On an annualized basis against 2019, the rate of contraction for laden imports across the major North America West Coast ports declined in March 2023. While this could very well be a temporary easing up, it could also be an indication of normalizing market conditions. The figure below shows the laden…

Container charges face new regulations in UAE amid transparency concerns

Local container charges levied by ocean carriers and freight forwarders are poised to face scrutiny from the trade regulators in the United Arab Emirates (UAE). The Dubai…

Mexican mango pack house opens

Empaque Don Jorge I (EDJI) is open, packing and ready for the transition north. EDJI is the hometown packhouse of El Grupo Crespo, a hydro-thermal packhouse and the home to El Grupo Crespo’s brands--Crespo Organic, RCF and the Mango King-- and is located in Rosario, Sinaloa, Mexico. The packhouse packs more than 15 brands…

UK road transport prices hit April record as double-digit inflation remains

The latest data from the TEG Road Transport Price Index has revealed that haulage and courier prices increased slightly from March to April. With haulage prices up 3.6% and courier prices up 2%, this follows the pattern of the last four years, except for the immediate aftermath of Covid-19. Year-on-year,…

Alliances’ capacity stands at just 39%

Alphaliner's latest report shows that the major container shipping alliances control just 39% of the global box shipping fleet, far below the 80% they previously had. The…

March 2023 global air cargo markets show continued decline against previous year’s demand performance

The International Air Transport Association (IATA) released data for March 2023 global air cargo markets showing a continued decline against previous year’s demand performance. This trend began in March 2022. Global demand, measured in cargo tonne-kilometers (CTKs*), fell 7.7% compared to March 2022 (-8.1%…

Liner supply falls as operators reduce average sailing speed by 4%

During the COVID-19 pandemic, liner operators increased the average sailing speed by up to 4% due to strong demand and widespread port congestion. Today, the situation is very different and in the first quarter of 2023 the average sailing speed has slowed to 13.8 knots, down 4% y/y, and could drop by 10%…

"The mood in fresh produce logistics has been on the upswing again since February"

The transport and logistics sector has been under pressure in recent years. Rising wage and energy costs, as well as the ongoing lack of drivers, are also having a noticeable impact on fresh produce logistics. However, there is also light at the end of the tunnel for medium-sized logistics companies, believes Max Saara (right), sole owner of Kühltransporte Joachim Jacobs G…

Container freight rates hit a speed bump

The Shanghai Containerised Freight Index (SCFI) turned negative following four weeks of stable or rising rates: SCFI dropped 3.6% week over week after four weeks of rising or…

Rural Roads Alliance outlines infrastructure priorities to Australian parliament

The newly-formed Rural Roads Alliance has given evidence to a parliamentary inquiry, reiterating its call for an emergency funding package totalling nearly $5.5 billion in…

Asyad Ports Company sees 88% growth in handling services

Asyad Ports Company, a subsidiary of the Asyad Group, has announced an increase of 88 percent in the volumes of handling during its 2022 operations. There was a 15 percent…

Today’s food wastage costs the world’s economy about $1 trillion per year

Suboptimal transport conditions and equipment play a significant role in food wastage; upgrading refrigerated equipment with telematics can be a realistic, sustainable part of…

“The use of CA and post-harvest solutions is becoming a need and a must”

Reducing waste by extending the fruit life through a focus on improving shipping conditions is one of the main motivations for the controlled atmosphere experts Liventus Global, based in Santiago, Chile. According to Germán Sims, Global Commercial Manager of Liventus, “The products most requested by…

MSC boosts support for Asia-India trade with New Shikra Service

To meet growing global demand, and strengthen Asian port connectivity and availability, MSC is proud to unveil a new inter-Asia service between the main ports of China and…

Drought threatens Panama Canal

Insufficient rainfall has once again forced the Panama Canal to reduce the draft of ships passing through. Alhajuela and Gatún, the two artificial lakes in the Caribbean province of Colón that supply…

Kenya to export more fresh produce to the Netherlands by sea

The Netherlands is Kenya's third largest export market. Now, the two countries have indicated they want to mitigate climate change effects within their mutual trade. Over 100…

PhilaPort welcomes ZIM Colibri Xpress

The Port of Philadelphia continues to grow its portfolio of services. On Wednesday, April 26, 2023, PhilaPort welcomed the maiden call of a new ocean liner service to its Packer Avenue Marine Terminal. PhilaPort, along with terminal operator Holt Logistics, welcomed M/V EM SPETSES as part of ZIM…

Container freight rate slide on larger Indian trades slows amid contract negotiations

The slide in container freight rates on some of the trade routes out of India seems to have slowed, according to the latest market analysis by Container News. On the westbound…

ONE sees annual earnings and profits decline

Ocean Network Express (ONE) has reported a plunge in its revenue, earnings and profits for FY 2022 (April 2022 - March 2023). In particular, the Singapore-headquartered ocean…

Container shipping consultancy Drewry warns that uptick in spot rates and charter-hire prices is transitory

The signals have been quite positive within the container shipping sector of late; spot rates are up, charter rates and durations are up, second-hand ship sales are brisk and…

Drewry's

Drewry’s composite World Container Index decreased by 2% this week

Drewry’s detailed assessment for Thursday, 27 April 2023 shows that the composite index has decreased by 2% this week, dropping by 78% when compared with the same week last year. The latest Drewry WCI composite index of $1,740 per 40-foot container is now 83% below the peak of $10,377 reached in September…

Sea-Intelligence

Shippers can still find marginal gains in ocean reliability

Even with historically low schedule reliability in 2021, there were 3 deep-sea services that had 100% schedule reliability across the entire year. In fact, roughly 11% of the deep-sea services were at 70% or higher. What this means, is that even in the most trying of times, shippers can find those…

Trucco expanding distribution center in New Jersey

Trucco, a global sourcing company and nationwide distributor of fresh produce, announced the expansion of its distribution center located in Vineland, New Jersey. The company has received approval from city planners to add an additional 67,000 square feet to the building located at 2440 North Mill Road,…

DP World reports 19.5 million TEUs in 2023 first quarter

DP World handled 19.5 million TEUs across its global portfolio of container terminals in the first quarter of 2023, with gross container volumes increasing by 1.4%…

China plans pilot smart port construction to promote cross-border trade facilitation

According to the General Administration of Customs, China is set to start construction of pilot smart ports, as part of the efforts to further improve business environment at…

'Expanding global presence and implementing lean operations'

COSCO SHIPPING Ports Limited today announced first quarter results of the Company and its subsidiaries for the 3 months ended 31 March 2023. 2023 First Quarter Results…

Containers shifting away from US Pacific ports: Gulf of Mexico the big winner

More than 1m teus per year have shifted away from US West Coast ports, with Gulf of Mexico ports being the big winners, according to a report by Descartes Systems Group. The…

Valenciaport sees quarterly decline in container traffic despite March’s increase

Port of Valencia handled more than 1.1 million TEUs in the first quarter of the year, translating to a year-on-year decrease of nearly 10%, despite the box growth in March.…

Drewry’s all-new Container Freight Portal combines ocean freight procurement and cost benchmarking intelligence

Drewry Supply Chain Advisors, the ocean freight cost benchmarking and procurement support division of Drewry Shipping Consultants, has announced the launch of Drewry Container…

Port of Guangzhou focuses on continuously serving Belt and Road Initiative

This year marks the 10th anniversary of the China-proposed Belt and Road Initiative (BRI), a platform for international cooperation that demonstrates China's vision and…

Port of Oakland container volume rises in March

The Port of Oakland’s March total container volume increased 10.7 percent over February 2023 volume. Overall exports (loaded and empty containers) rose 13.1 percent compared to February 2023. Overall imports also rose by 7.9 percent.  Exports: In Q1 of 2022, the Port of Oakland saw 34,335 TEUs of produce (fresh…

Quebec wholesaler opens new facility and discusses summer programs

Canadawide is getting wider. Just recently, the Montreal, Quebec-based produce wholesaler opened a new facility just 10 minutes away from the company's current operations. With that new space, it doubles the company’s pallet capacity for storage as well as doubling their banana ripening rooms. In all,…

Slight decline in freight throughput at the port of Rotterdam in first quarter of 2023

In the first quarter of 2023, 1.5% less freight passed through the port of Rotterdam than in the same period last year. In total, 111.7 million tonnes were handled compared with 113.4 million tonnes in the same period in 2022. The fall mainly concerned the throughput of containers and freight in the…

COSCO supports new international land-sea trade corridor development

COSCO SHIPPING Tianjin, Guangxi Beibu Gulf Port Group, and the Port of Singapore Authority (PSA) attended the shareholder investment agreement signing event for Beigang New Energy Investment in Singapore on 3 April. This is another significant step taken by COSCO SHIPPING to put into action the series of important agreements…

Panama Canal enforces lower draught restrictions due to ongoing drought

The level of Gatun Lake has been falling faster than anticipated, putting pressure on the critical shipping route, despite implementing water-saving measures. In response, the…

South Africa: Transnet Port Terminals claims to be ready for citrus exports

State-owned Transnet Port Terminals (TPT) has started handling citrus exports at the Durban and Port Elizabeth (Gqeberha) container terminals for the season. The container…

Dole seeks to develop major €50 mln logistics hub near Balbriggan

A pre-planning process is underway on a €50 mln project by Dole to move many of its operations to a major new facility site close to Balbriggan, next to a junction on the M1…