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Port News
MSC strikes 45-year deal for Nigerian box terminal
Swiss shipping giant MSC Group has secured a 45-year concession to develop a new container terminal at Snake Island Port…
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Port News
Shanghai’s box boom exposes a resilience blind spot
In container shipping, the leverage – and the real fragility – now lives where the cranes greet the sea, writes…
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Port News
AD Ports takes stake in Egyptian box terminal operator
AD Ports Group has moved to deepen its presence in Egypt’s container sector with the acquisition of Saudi Egyptian Investment…
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Port News
Box rates rates sink to lowest levels since Red Sea crisis
Container freight rates are sliding further, with Drewry’s World Container Index (WCI) dropping 8% this week to $1,761 per feu…
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Port News
Box handling capacity forecast to record biggest rise this year since the global financial crisis
PSA International remains the world’s largest global terminal operator, while worldwide container handling capacity is forecast to record the biggest…
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Maritime News
Russia: First NSR International Boxship Route to Start as Box Volume Grows
Russian officials are again highlighting the growth of shipping and specifically containership along the Northern Sea Route. In just…
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Maritime News
Portugal Finds Cocaine Hidden in Rotting Hides as Koreans Seize Missed Box
Portugal’s Judicial Police seized more than 1.5 metric tons of cocaine, which they believe was part of a larger…
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Port News
Record container production out of China allays box shortage concerns
The huge swings in containership deployment brought about by Donald Trump’s on/off trade war has seen rates rocket and congestion…
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Port News
Quarter of all box tonnage now deployed on Asia-Europe tradelane
The Red Sea shipping crisis – and the need to take the far longer route via the Cape of the…
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Port News
CMA CGM signs $600m Vietnam box terminal deal
France’s CMA CGM has penned an agreement with Saigon Newport Corporation (SNP) to develop a new $600m deepwater terminal in…
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