Category Archives for Industry News

HPH Trust plays down new alliance impacts   The impact of the new alliances on the port of Hong Kong has not been as pronounced as elsewhere in the world. The impact of the reset alliances on ports and terminals is still unfolding, but there are signs potential negative effects on transshipment and tariffs may […]

Shanghai berthing delays ease but congestion persists Shanghai’s giant Yangshan terminals are trying to resolve crippling congestion that has created lengthy delays for carriers calling at the world’s busiest container port. Berthing delays caused by congestion at Shanghai’s Yangshan terminals eased slightly in the past week, helping to trim the number of vessels waiting outside […]

NVO boosts JNPT efforts to grow rail Jawaharlal Nehru Port Trust wants container trains to depart its terminals more frequently. Road-to-rail freight conversion that’s critical to easing congestion at Jawaharlal Nehru Port Trust (JNPT) should gain speed from dominant non-vessel-operating common carrier (NVOCC) services provider Allcargo Logistics’ new rail transportation arrangement with Container Corporation of […]

Car carriers face headwinds as ship capacity grows Modest growth in global car carriers’ vessel capacity in 2017 is balanced by uneven demand for vehicles and high-and-heavy cargoes. Auto sales volume appears to have peaked in mature markets such as the US and European Union and continues to face headwinds in other markets, according to […]

Car carriers face headwinds as capacity expands Modest growth in global car carriers’ vessel capacity in 2017 is balanced by uneven demand for vehicles and high-and-heavy cargoes. Auto sales volume appears to have peaked in mature markets such as the United States and European Union and continues to face headwinds in other markets, according to […]

Overall ro-ro shipping market basking in glow of growth The roll-on, roll-off shipping business is riding a wave, with rising cargo volumes delivering increasing profits despite the fragile economic situation in its core European market. The industry took “a big step forward” in 2016, building on the previous 12 months of stabilization and recovery, according […]

Savannah exceeds NY-NJ for trans-Pac alliance services — for now The port of Savannah and its peers in the US Southeast are increasingly attractive to shippers. For the first time, Savannah has more weekly trans-Pacific alliance services than the Port of New York and New Jersey — even if that advantage is lost when carriers […]

Eimskip acquires US container lessor and seller for know-how The deal shows Eimskip has not shied away from its strategy of growth through acquisition despite a recent setback by Norwegian antitrust authorities. Continuing its acquisition spree, Eimskip said it will gain expertise in reducing the cost of handling and using containers by acquiring a majority […]

Yang Ming suspends share trading Yang Ming Line has been able to rely on state support so far through its current struggles. After its 2016 losses doubled to nearly $500 million, Yang Ming on Thursday suspended trading on the Taiwanese stock exchange until May 4 in an effort to reduce the carrier’s equity capital by […]

Yangshan terminals ‘paralyzed’ as ship delays hit three days The unique role Shanghai plays in East Asia supply chains has contributed in part to the recent congestion. Terminal operations at Shanghai’s Yangshan terminals are paralyzed with delays now reaching up to three days and as vessels continue to pile up in the waters outside the […]