Box ships transit expanded Suez in first trial run A view of the existing canal from a container ship.LONDON – Three container ships sailed through the “new” Suez Canal over the weekend in the first trial run of a second shipping lane alongside the existing waterway ahead of the official opening next month. The inaugural […]
Read More →Box ships transit expanded Suez in first trial run
on July 27, 2015in Industry News
Box ships transit expanded Suez in first trial run A view of the existing canal from a container ship.LONDON – Three container ships sailed through the “new” Suez Canal over the weekend in the first trial run of a second shipping lane alongside the existing waterway ahead of the official opening next month. The inaugural […]
Read More →Panama Canal is on track to open its expanded locks in April
on July 3, 2015in Industry News
Panama Canal is on track to open its expanded locks in April The new locks at the Pacific end of the Panama Canal began to fill with water in late June in preparation for months of testing of their new gates before they open to commercial traffic next April. The flooding of the Pacific locks, […]
Read More →Panama Canal is on track to open its expanded locks in April
on July 3, 2015in Industry News
Panama Canal is on track to open its expanded locks in April The new locks at the Pacific end of the Panama Canal began to fill with water in late June in preparation for months of testing of their new gates before they open to commercial traffic next April. The flooding of the Pacific locks, […]
Read More →Shippers told to prepare for global container weight verification rule
on June 30, 2015in Industry News
Shippers told to prepare for global container weight verification rule In exactly one year new global regulations requiring every packed container have a verified container weight will go into effect, and shippers need to be prepared, an industry trade group warns. “One year from today, global containerized maritime commerce will need to comply with new […]
Read More →Shippers told to prepare for global container weight verification rule
on June 30, 2015in Industry News
Shippers told to prepare for global container weight verification rule In exactly one year new global regulations requiring every packed container have a verified container weight will go into effect, and shippers need to be prepared, an industry trade group warns. “One year from today, global containerized maritime commerce will need to comply with new […]
Read More →New Panama locks to open in April, but at higher cost
on June 23, 2015in Industry News
New Panama locks to open in April, but at higher cost The new locks at the Pacific end of the Panama Canal began to fill with water this week in preparation for months of testing of their new gates before they open to commercial traffic in April. The flooding to the Pacific locks, following that […]
Read More →Milan-Charleston LCL service set to launch amid weak volume growth on trade
on June 22, 2015in Industry News
Milan-Charleston LCL service set to launch amid weak volume growth on trade CaroTrans is launching a new weekly, direct less-than-container-load service from Milan to Charleston starting next month, amid weak westbound volume growth on the trade lane. U.S. containerized imports from the Mediterranean rose 0.5 percent in the first four months of 2015, while export […]
Read More →Colombo International Maritime Conference to address growing regional trade potential
on June 22, 2015in Industry News
Colombo International Maritime Conference to address growing regional trade potential Ninety per cent of the world’s trade is moved through shipping and is considered as the wheels of global trade. It helps the global economy propel and develop new markets to create wealth among nations. In this context, Sri Lanka known to be a historical […]
Read More →Asia-Europe rates shed 80 percent in a year, SCFI data shows
on June 19, 2015in Industry News
Asia-Europe rates shed 80 percent in a year, SCFI data shows HONG KONG — Asia-Europe freight rates are now 82 percent lower than at the same time last year, dropping by 15.6 percent this week to settle at the latest record low of $205 per 20-foot container, according to the latest reading of the Shanghai […]
Read More →