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Ports, Terminals & Canals
Throughput, congestion, labor, and waterway constraints worldwide.
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MSC partially restores Suez transits on Indusa service
3+ hour, 47+ min ago (150+ words) MSC will partially restore Suez Canal transits on its Indusa service following a review of security and operational conditions in the Red Sea. The service, which connects the Indian subcontinent, the United States and Mexico, will resume Red Sea operations…...
Maersk, Hapag-Lloyd Expand Suez Canal Return Despite Red Sea Risks
2+ hour, 14+ min ago (555+ words) Building Structurally Low-Carbon Supply Chains in a Changing… Maersk and Hapag-Lloyd are moving more Gemini Cooperation services back through the Suez Canal, increasing their exposure to the Red Sea despite renewed security concerns in the region. The two carriers said…...
Maersk, Hapag-Lloyd Set for Return to Suez Canal Shipping
3+ hour, 20+ min ago (311+ words) © jon_chica / Adobe Stock Shipping group Maersk said on Monday that four more of its joint container services with Germany's Hapag-Lloyd will resume sailings through the Suez Canal, as they gradually return to using the shortcut between Asia and Europe. The Asia-Europe…...
Splash Singapore: SGX???s William Chin on the financialisation of freight
5+ hour, 33+ min ago (697+ words) Freight markets are undergoing one of the biggest financial transformations in commodities, with shipping moving steadily from a world where rate volatility was simply accepted as a cost of doing business to one where risk is increasingly transferred, priced and…...
Gemini Cooperation to shift four services back through Red Sea, Suez Canal
8+ hour, 14+ min ago (98+ words) Hapag-Lloyd and Maersk will reroute four Gemini Cooperation services through the Red Sea and Suez Canal following an assessment of the region’s security situation. The NE4, SE1, SE2 and IEX services will transition from the Cape of Good Hope route to the shorter…...
Panama canal traffic to be cut again as drought from El Niño worsens
4+ hour, 30+ min ago (518+ words) Latest daily reductions will further choke one of the world’s most important shipping lanes The Panama canal plans to again cut maritime traffic due to worsening drought caused by the El Niño climate phenomenon, further choking up one of the…...
Maersk, Hapag-Lloyd Accelerate Return to Suez Despite Red Sea Risks
19+ hour, 21+ min ago (599+ words) Stock image: A Maersk containership is seen near Suez Canal Bridge which is known as the "Peace Bridge" in the Suez Canal, Egypt, August 6, 2023. Suez Canal Authority/Handout via REUTERS Maersk and Hapag-Lloyd are significantly expanding their return to the…...
Risky Suez backhauls to speed delayed Asia-Europe services
20+ hour, 54+ min ago (104+ words) Journal of Commerce More News & Analysis Hapag-Lloyd expanding Africa terminal operations The deal with long-time partner DP World is focused on five ports: Dakar (Senegal), Luanda (Angola), Dar es Salaam (Tanzania), Banana (Democratic Republic of Congo) and Maputo (Mozambique). NS…...
Port of Los Angeles Caps Record Summer as U.S. Import Strength Holds Up
14+ hour ago (563+ words) The Port of Los Angeles capped its strongest three-month cargo stretch on record in August, adding to evidence that Southern California’s container gateway is carrying stronger-than-expected momentum into the fall. Los Angeles handled 955,907 twenty-foot equivalent units (TEUs) in August, bringing…...
Port of Long Beach: Progress on Cooperative Agreement and 'Port Partners' Business Opportunity -
17+ hour, 39+ min ago (185+ words) LONG BEACH —The Port of Long Beach will host the next quarterly meeting to update the public regarding progress on the cooperative agreement with the South Coast Air Quality Management District and the Port of Los Angeles to develop zero-emissions…...