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Los Angeles port handled 8% fewer containers in Oct
17 Nov 2021 7:33 PM ISTGene Seroka, executive director, Port of Los Angeles, said the port handled around 900,000 TEUs in October, down about 8 percent from last year. Final...
Freight rate reduction could take 18-30 months
17 Nov 2021 12:22 PM ISTGlobal freight rate reduction could take anywhere between 18-30 months, according to Sea‑Intelligence, a research & analysis provider with strong...
Higher freight rates push Hapag-Lloyd 9-months revenue up 71%
12 Nov 2021 2:56 PM ISTContainer carrier Hapag-Lloyd reported a 71 percent increase in revenue to $17.9 billion for the first nine months of 2021 compared to $10.5 billion...
COP26- New task force to aid maritime industry to net-zero goal
12 Nov 2021 2:32 PM ISTThe vision of the task force is to drive decarbonisation of the industry, help the global seafaring community in its green transition and push to...
Long Beach handled lesser containers in Oct, freight rates steady
12 Nov 2021 1:12 PM ISTPort of Long Beach handled 789,716 TEUs in October 2021, down 2.1 percent from October 2020 but still the second-busiest October on record.Â
12 players in race for 30-year deal to operate JNPT container terminal
10 Nov 2021 4:44 PM ISTMajor global port operators including India’s biggest private port operator APSEZ (Adani Ports and Special Economic Zone Ltd), Dubai government-owned...
Maersk, wind turbines maker Vestas sign deal for container transport
10 Nov 2021 4:23 PM ISTA.P. Moller-Maersk and Vestas, a global leader of offshore wind turbines, have formed a long-term strategic partnership for containerised transport.
Container availability still worrying, prices decline
10 Nov 2021 10:32 AM ISTHuangpu, China continued to have the highest Container Availability Index (CAx) value in October, followed by Memphis and Dallas, according to data...
Tacoma terminals to collect dwell fees
9 Nov 2021 3:04 PM ISTTerminals at the Port of Tacoma, Washington have decided to collect dwell fees from importers.
Container dwell declining in LA port; congestion continues globally
6 Nov 2021 3:44 PM ISTFrom 87,485 containers in the port of Los Angeles on November 1, 2021 when the dwell fee of $100/container went into effect, the congestion has...
Congestion affecting vessel availability, rates
6 Nov 2021 12:36 PM ISTWith 2.4 million TEUs (10 percent of the live container fleet) currently waiting globally, congestion is a major factor influencing vessel...
CMA CGM buys Los Angeles terminal Fenix Marine Services for EV of $2.3 bn
3 Nov 2021 7:46 PM ISTFrench container carrier CMA CGM signed a deal to acquire 90 percent stake in Fenix Marine Services (FMS) terminal in Los Angeles for an enterprise...
Air cargo rates climb as Iran war disrupts global capacity
16 March 2026 6:31 PM ISTAmazon Air takes off to Northeast India, delivering 5X faster
16 March 2026 6:01 PM ISTDP World Mundra handles 1.5 million TEUs in FY24–25
16 March 2026 5:38 PM ISTPM Modi launches fully automated bulk terminal at Haldia Port
16 March 2026 12:56 PM ISTDP World posts $24.4 billion revenue and $6.4 billion EBITDA in 2025
13 March 2026 5:16 PM ISTStrait of Hormuz disruption fuels congestion at key Indian ports
13 March 2026 4:36 PM ISTIATA launches three new AI initiatives for air cargo digitalisation
13 March 2026 4:32 PM IST



















