Shipping - Page 12

Container shipping rates spiked more than 70% in 2018 when Trump ramped up tariffs on China.

JNPA handled its highest-ever container volume of 7.05 million TEUs in 2024, likely to increase to 10.4mn TEUs in 2025.

Carriers will be wary that they could be at risk if the Houthis deem their voyages to have any connection with Israel.

It’s far too early to expect any formalised changes in the next few weeks: eeSea.

Garden City Terminal gets cargo moving in about a day compared to a week’s wait at West Coast ports.

Terminal’s capacity has increased to approximately 1.4 million TEUs.

Shippers can evaluate carrier reliability on five dimensions including transit time as well as cancellation rates.

"Container trading is beginning to slow in China, signaling the usual seasonal lull."

As 4.4 million TEUs were contracted during 2024, order book grew despite deliveries hitting a high of 2.9 million TEUs.

Platform simplifies insurance certificate generation for shipments using customer-provided details.

Automation talks to continue; details of the agreement not released yet.

DP World has invested more than $11 billion in port infrastructure through new builds, expansions and acquisitions.