SHIPPING
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Long term container freight rates from US to Far East falls — now back in line with spot market
April 21, 2022 - After months of long-term rates being significantly more expensive than short-term rates on the backhaul US to Far East...
Report: The number of container vessels waiting at Chinese ports have doubled
April 20, 2022 - Supply chain disruptions in Shanghai continue amid ongoing lockdowns in the major shipping and air cargo hub....
Port of Antwerp reports slight drop in cargo throughput for Q1
April 20, 2022 - Port of Antwerp reported 58.3 million metric tonnes in total throughput for the first quarter, a drop of 1.5% compared...
Supply chain issues persist in Shanghai
April 20, 2022 - Some factories in Shanghai are slowly restarting production after over three weeks of stringent lockdown in the Chinese...
New ZIM Mediterranean service starts calling at DaChan Bay Terminals
April 20, 2022 - The new ZIM Mediterranean Premium (ZMP) service operated by ZIM Integrated Shipping (ZIM) started calling at DaChan Bay...
Vietnam logistics group seeks to put up shipping line
April 19, 2022 The Vietnam Logistics Business Association (VLA) plans to establish a new container shipping line to compete with...
PIL boosts intra-Asia network with new Singapore-Surabaya service
April 19, 2022 Pacific International Lines (PIL) is launching a new weekly express service connecting Singapore and Surabaya,...
Shenzhen Port's cargo throughput reached 60M tonnes in Q1
April 16, 2022 Shenzhen Port recorded a total cargo throughput of 59.68 million tonnes in the first quarter of 2022 which includes...
Maersk stops all reefer cargo bookings to Shanghai
April 15, 2022 Amid the ongoing lockdown measures in Shanghai — which began on March 28 — Maersk announced that it is halting reefer...
Yang Ming announces plan to build 5 LNG vessels
April 15, 2022 Yang Ming Marine Transport Corporation (Yang Ming) announced that it will be building five LNG vessels to boost the...
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