Ecological ships with “alternative propulsion” reach 40% of new…
The percentage of "alternative" or green propulsion containerships in the newbuild order book has exceeded 40%.
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port news
Classification of Chinese ports changes during the pandemic
A combination of changing trade patterns, pandemic-related closures, and strategic reorganizations has seen 8 of…
Debt payment improves credit rating for DP World
Moody's upgraded its credit rating on DP World to Baa2 from Baa3 after the company's net debt to EBITDA ratio fell…
Port of NY/NJ surpasses record for volume handled in its entire history
The port of NY/NJ in the United States exceeds the historical record for volume handled in its entire history, says…
Maersk to integrate, not seek new alliance of container lines
Senior Maersk officials have informed Alphaliner the line will be integrated and will not seek to establish another…
Throughput Drops for COSCO Shipping Ports Seaports
Shanghai-based terminal group COSCO Shipping Ports posted a 2.2% decline in throughput for 2022 after a significant…
Port of Los Angeles remains as the number one port in the USA
According to Alphaliner, the Port of Los Angeles confirmed that it handled 9.9 Mteu in 2022, its second-best annual…
Two STS cranes removed from Charleston’s Wando Welch Port Terminal
Two STS gantry cranes from the Wando Welch terminal in Charleston destined for the Canadian port of Saint John, New…
DP World: predicts drop in freight rates during 2023
Arab shipping and port company DP World expects freight rates to continue to fall by as much as 20 percent in 2023,…
Sale of the Hamburg container terminal between HHLA and COSCO (CSPL)
The status of the agreement between COSCO Shipping Ports (CSPL) and HHLA at the closing of the planned sale of a…