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100 ships across LA/LB ports, freight rates zoom across intra-Asia trades
20 Jan 2022 11:05 AM ISTWith no signs of easing, total container ships backed up across Los Angeles/Long Beach ports touched 100 on Wednesday, January 19, 2022, according to...
Danaos announces $1bn in incremental contracted revenue, sale proceeds
19 Jan 2022 11:51 AM ISTNYSE-listed Danaos Corporation has signed new charter arrangements for 11 vessels ranging between 2,500 and 10,000 TEUs with major liner companies.
ZIM signs charter deal for three 7,000 TEU carriers for $400mn
18 Jan 2022 9:00 PM ISTNYSE-listed, Israeli ocean carrier ZIM Integrated Shipping Services announced an eight-year charter agreement with a shipping company affiliated with...
Carriers cancel 13% sailings adding to supply chain pressure
17 Jan 2022 11:38 AM ISTAs many as 73 cancelled sailings have been announced out of 553 scheduled sailings across the major trade lanes -Â Transpacific, Transatlantic and...
APM Terminals to bring forward net zero greenhouse gas emission target by a decade
14 Jan 2022 7:40 PM ISTTwo new solar arrays installed in January 2022 at APM Terminals Barcelona are the first of five planned as part of an ambitious project that will...
Singapore remains world’s busiest transhipment port
14 Jan 2022 5:43 PM ISTThe Port of Singapore reported a record high container throughput of 37.5 million twenty-foot equivalent units (TEUs) in 2021. Singapore handled 599...