The Port of Haicang, part of greater Xiamen, posted a 20.7% year-on-year increase in the first container throughput to 3.12 million Twenty Foot Equivalent Unit (TEU).
From January to June, the port imported and exported 2.49 million TEU, up 21.43% year on year. Within this total, imports rose 19.5% to 1.27 million TEU, while exports increased by 23.4% to 1.21 million TEU. Domestic trade volumes grew by 4.41% year on year to 632,100 TEU.
Haicang port covers 12.4 square kilometres. Developmental focus is on port transportation, the energy industry and warehousing (bonded storage).
As many as 36 storage facilities capable of handing 10,000 tonnes will be b...
Bahri, a global leader in transportation and logistics, has further expanded its multipurpose fleet with the addition of ‘ASLAF’, a 300,000 Deadweight tonnage (dwt) carrier built by Hyundai Heavy Industries (HHI) in South Korea.
Bahri took delivery of the new vessel at HHI’s Mokpo shipyard in South Jeolla Province, South Korea, bringing the number of VLCCs in its fleet to 39 while increasing its total fleet size to 86.
“This marks yet another milestone for Bahri and reinforces our preeminent position in the global oil transportation industry,” said Ali Al-Harbi, Acting CEO of Bahri.
“‘ASLAF’ is the third V...
COSCO Shipping Ports' throughput increased 14% year on year in June to 7.4 million Twenty Foot Equivalent Unit (TEU), a third of the gains - 1.5 million TEU - driven by company ports outside of mainland China.
Even laggard regions such as the Pearl River Delta cluster of ports achieved volume growth of 13% to 2.3 million TEU from two million TEU in June 2016.
Throughput at newer ports in the southeast rose 15% in June to 454,500 TEU and in the southwest, by 30% to 113,700 TEU.
Volumes at ports in the Yangtze River Delta region rose by 7% year on year to 1.7 million TEU, while throughput in the key Bohai Rim cluster increased by 4% last month to reac...
Port of Oakland handled 80,253 laden Twenty Foot Equivalent Unit (TEU) import containers in June, up 5.1% year on year and breaking the monthly record of 78,326 TEU set in June 2006.
Port of Oakland Maritime Director John Driscoll said that "As we near autumn, retailers begin stocking up for the holidays.”
He said that "Healthy volumes now might be a preview of what we can expect for peak season.”
Total volume includes imports, exports and empty containers. Export volume rose 2.4% year on year....
Frankfurt-Hahn Airport (HHN) has more than doubled its first half cargo volume year on year, up 52% to 49,000 tonnes.
In June, alone, the airport posted a record 8,670 tonnes of freight - a 101% year-on-year gain.
The airport's two biggest cargo producers, Silk Way West and Nippon Cargo Airlines (NCA), both increased volumes and Silk Way and Etihad also increased their frequencies.
HHN vice president Roger Scheifele said the airport also benefited from charters and additional scheduled cargo flights out of the United States by Senator International and Air Atlanta Icelandic....
Container volumes at the port of Singapore have risen in June compared to the year-ago level, according to preliminary estimates from the Maritime and Port Authority of Singapore (MPA).
In June 2017, box throughput was recorded at 2.82m Twenty Foot Equivalent Unit (TEU), an increase of 8.5% compared to 2.6m TEUs seen in June 2016.
Last month’s volumes, however, dipped by 5.7% month-on-month from 2.99m TEU posted in May, which is the highest monthly volume so far this year.
In the first six months of 2017, Singapore port handled total throughput of 16.14m TEU, an improvement of 6.3% compared to 15.18m TEU in the same period of 2016....
DP World may recommence the expansion of the USD 1.6 billion fourth terminal at its flagship Jebel Ali port in 2018.
The expansion work was shelved last year owing to a softening in the container shipping market.
The company said last year it was slowing down work in Jebel Ali, the biggest port in the Middle East and North Africa, by postponing new additions to Terminal 3 into this year and postponing the construction of phase one of Terminal 4 which was scheduled for completion next year.
"Current capacity at Jebel Ali is 18 million Twenty Foot Equivalent Unit (TEU). At the same time, 1.3 million TEU will be added to T3 in the second half of 2017,...
Spot rates for shipping containers from Asia to northern Europe in the week ending Friday dropped 4.5% to USD 969 per Twenty Foot Equivalent Unit (TEU), according to the Shanghai Containerized Freight Index (SCFI).
Asia-Mediterranean trade fell 4.7% to USD 906 per TEU.
Asia to the US west coast declined 3.3% week over week to USD 1,333 per FEU while those to the east coast slipped 2.1% to USD 2,307 per FEU....
The Karachi Port Trust (KPT), the country’s oldest seaport, handled a record high 52.49 million tonnes (mt) of cargo in the fiscal year ended June 30, 2017.
This is 5% higher than 50.05 mt in the previous fiscal year 2016. KPT said in a press statement on Wednesday, “The cargo handling operations, including export and import at KPT, remained brisk in the financial year 2016-17 and the KPT broke its own record.”
The port, which has a long history of handling imported urea, loaded the commodity for export for the first time in contemporary times after supply gluts in local markets.
KPT said in a statement, “The port recorded handli...
APL is launching a new fortnightly service that directly connects Central China, Korea and Japan to Hawaii, branded the Aloha Express (AEX) service.
The AEX service will serve the ports of Shanghai, Busan, Yokohama and Honolulu. From the Asian ports where the AEX service is calling, shippers can expect to benefit from extended connectivity to markets such as Hong Kong, South China, Southeast Asia, and the Middle East amongst others via APL's extensive global network.
A company said that Designed with the best transit time in the industry, the AEX service promises cargo delivery from Shanghai, Busan and Yokohama to Honolulu in just 19, 15 and 12 days respective...