Global container shipping volumes rose by 4% year on year in the fourth quarter after a rebound in the second half of last year, but fell 0.6% in the first quarter.
Full-year 2016 container volumes worldwide rose by 1.8% at the world's top 100 ports to 555.6 million, up from 1.5% growth in 2015..
The only port in the global top 20 ports to register double-digit growth was Port Klang in Malaysia, which saw volumes increase by 10.8% in 2016 to 13.2 million TEU, pushing to the port up to 12th place globally.
Other notable high growth ports were Colombo in 23rd place with 10.6% growth to 5.7 million TEU; Manila took 33rd place with 11.3% growth to 4.4 m...
According to data from the Damietta Port Authority, Damietta port handled 87,800 Twenty Foot Equivalent Unit (TEU) in January, up 31.4% year on year, while cargo volume rose 37% to 3.06 million tonnes (mt).
The volume of exported goods increased from 390,100 tonnes in January 2016 to 674,500 tonnes in January this year - an increase of 284,400 tonnes - supported by the rise in the exported quantities of methanol, fertilisers, and molasses.
In 2016 the port registered a container throughput increase of 12.6% compared to 2015, after handling 810,300 TEU.
The number of vessels during January 2017 rose 6.3% year on year to 220 ships, up from 207 during the ...
The Port of Virginia is confident of handling mega-ships of 13,000 TEU or more, after accommodating vessels of 10,000-TEU ships on a weekly basis so far.
"We anticipate, with all these new networks and alliances, that the east coast is going to see the 13,000-plus-TEU ships this year," Virginia Port Authority's chief executive officer, John Reinhart, said.
"We're excited about the opportunity, because we can bring them in today."
According to Mr Reinhart, the port is equipped with the cranes and has the water depth to handle 13,000-TEU plus ships.
"The thing is making sure that we have the facilities laid out ...
APL is to launch the China Southeast Asia Service 5 (CS5) a weekly service which links North and Central China, Korea and Taiwan directly to Manila in the Philippines.
The company said in a statement that the new service is being introduced to enhance APL's network coverage between the Northeast and Southeast Asia trades.
The new CS5 service's coverage of North and Central China complements APL's Japan Taiwan 6 (JT6) service that serves the South China-Manila trade network, offering a broader China-Philippines market coverage. With port calls to both North and South Manila, as well as competitive transit times from Manila to North China, the CS5 servic...
The UK's major seaports saw cargo volumes decline 3% in 2016 to 473.5 million tonnes (mt) compared with the previous year.
In the fourth quarter, UK ports handled 117.2 mt of freight, down 4% year on year, according to data from the UK Department for Transport.
Import volumes decreased by 2% to 73.3 mt in the fourth quarter, while export tonnage fell by 7% year on year to 43.9 mt....
South Carolina Ports Authority (SCPA), centres on Charleston, reported nearly 9% increase in container volume since its fiscal year began in July.
Total fiscal year-to-date container volume reached nearly 1.4 million Twenty Foot Equivalent Unit (TEU) last month, compared to 1.3 million TEU handled during the same period last year. SCPA said in a statement that it handled 175,820 TEU in February, an increase of 11.3% over February 2016.
Last month was the best February on record for pier container volume, or boxes handled.
SCPA moved 98,259 containers across its docks in February, bringing fiscal year-to-date pier container volume to 783,931 containers.<...
APL has announced the launch of the China Southeast Asia Service 5 (CS5) – a weekly service which links North and Central China, Korea and Taiwan directly to Manila in the Philippines.
Introduced to enhance APL’s network coverage between the Northeast and Southeast Asia trades, the new CS5 service’s coverage of North and Central China complements APL’s Japan Taiwan 6 (JT6) service that serves the South China-Manila trade network, offering a broader China-Philippines market coverage.
With port calls to both North and South Manila, as well as competitive transit times from Manila to North China, the CS5 service will further enhance shippers&r...
The first of 10 giant ships purchased from South Korea will be delivered in Iran in March 2018, said Managing director of the Islamic Republic of Iran Shipping Lines (IRISL).
Mohammad Saeedi said that after the delivery of the first 14,500 Twenty Foot Equivalent Unit (TEU) container ship built by South Korea's Hyundai Heavy Industries Company (HHI), the remaining vessels will be delivered to the IRISL at monthly intervals.
Under the contract, valued at USD 650 million, Hyundai will build 14,500 TEU container ships and 50,000 DWT product tankers.
The contract is part of IRISL's plan to renovate its fleet through a total investment of USD 2.5 bill...
Norway has given the green light to build the world's first ship tunnel stretching from the Norwegian Sea to the North Sea along Norway's west coast.
The 1.7-km tunnel will cost an estimated USD 319 million and will take a decade to construct. It will allow for year-round safe passage of freight and tourist ships between Bergen and Alesund.
Currently, ships must sail around the Stad peninsula, a route known for its treacherous seas, as American Shipper reported quoting a Splash 24/7 story.
The tunnel, which will be built under a 645-metre mountain, will be 45 metres high and 36 metres wide in order to accommodate ships with a draft of 12 metres....
Hong Kong's container volume surged 26% to 1.44 million Twenty Foot Equivalent Unit (TEU) in February compared to 1.14 million TEU in the same month last year, according to statistics from the Hong Kong Maritime and Port Board.
Most of Hong Kong's volume is from the container terminals at Kwai Tsing that handled 1.14 million container in February, an increase of 16.8% over the same month last year.
Export containers totalled 518,000 TEU, a year-on-year increase of 9.4%. Imports totalled 618,000 TEU, 23.8% higher than in February 2016.
The port of Singapore handled 2.3 million TEU last month, while the world's busiest port, Shanghai, handled ...