Liner operator Hapag-Lloyd announced new surcharges ahead of a possible January strike by the International Longshoremen’s Association at East and Gulf Coast ports. The post Hapag-Lloyd US port strike ...
Figures provided to the Financial Times by Drewry, a maritime research consultancy, show that production of 20-foot equivalent units — the industry’s standard size for a container — fell 71 ...
Russia's foreign ministry said that the "Ursa Major," built in 2009, sank after an explosion ripped through its engine room and that two of its 16 crew were missing.
Traditionally it’s a slower month but this December the port will likely surpass 900,000 20-foot container equivalent units or TEUs, and it’s on track to handle 10 million this year for only ...
SHANGHAI -- Shanghai Port became the first in the world to see the annual container throughput exceed 50 million 20-foot equivalent units (TEUs) on Sunday. The port has ranked first globally for ...
Container shipping rates from Asia to India have doubled over the past month, with spot rates for shipping a 20-foot container (TEU) from Shanghai to Mumbai’s Nhava Sheva Port climbing from $800 ...