According to Drewry’s latest five-year container port demand forecast, volumes are set to increase on average by just under 6% a year. This would add 240m teu to global container port throughput by 2022 – 45m teu a year – “broadly equivalent to the size…
READ MORE >The size of container vessels calling at the port of Melbourne looks set to dramatically increase after Cosco, OOCL and ANL revealed plans to enhance their joint Asia-Australia service (the Loadstar).
READ MORE >Maersk Line will launch its own weekly all-water service from the Far East to Montreal and Halifax.
READ MORE >Ocean Network Express Pte. Ltd. (ONE) has taken delivery of its first new container vessel, the 14,000 TEU ONE Stork. According to ONE, the ship was built at the Kure Shipyard of Japan Marine United Corporation and features the Japanese…
READ MORE >The Pacific Alliance, which includes Chile, Colombia, Mexico, and Peru, held in mid-May a fourth round of talks on a set of ambitious and broad-ranging free trade agreements with Australia, Canada, New Zealand, and Singapore.
READ MORE >Despite overcapacity fears and recent container spot rate erosion, analysts have a positive outlook on profitability for container shipping this year, according to the Loadstar
READ MORE >The 13th annual Singapore Maritime Week (SMW), themed “Positioning for Future Growth – Driving Connectivity, Innovation and Talent”, has officially opened. SMW seeks to generate greater public awareness of Singapore’s maritime sector and feature outreach activities that highlight its vibrancy…
READ MORE >The World Trade Organization (WTO) is forecasting global trade growth of 4.4% in 2018 after a 4.7% increase in 2017, the strongest performance in six years. (source: Sandler, Travis & Rosenberg)
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