Tag: cargo volumes, Chinese ports, coronavirus, TEU
Coronavirus: Cargo volumes at Chinese ports to drop by 6m TEU
The extended Chinese Lunar New Year holidays and ad hoc measures aimed at curbing the spread of the coronavirus are expected to reduce cargo volumes at Chinese...
Port of Singapore container throughput hits record 37.3m TEU
The Port of Singapore’s container throughput in 2019 hit an all-time high of 37.2 million TEUs, amidst challenging global economic conditions driven by...
COSCO Shipping Lines names another 21,000 TEU giant
China’s COSCO Shipping Lines has named its sixth and final 21,000 TEU containership at compatriot Jiangnan Shanghai Changxing shipyard. The vessel, featuring a...
Cosco plans new pier to expand Piraeus capacity to over 10m TEU
Cosco, the operator of Greece’s Piraeus Port Authority (PPA), plans to build a fourth container pier, expanding the port’s capacity to over 10million TEU and making...
Port of Savannah handles record 4.5m TEU in one year
The Port of Savannah moved a record 4.5 million TEU in its fiscal year ending June 30, an increase of more than 305,000 TEUs or 7.3 percent compared to the previous...
Shanghai port container volumes hits 3.7m TEU in May
China’s Shanghai port has handled higher container throughput in May compared to the year-ago period, according to Shanghai International Port Group (SIPG). The...
Hutchison Ports celebrates 50th anniversary, handles 1.3bn TEU
Hutchison Ports, the world’s leading port investor, developer and operator, announced at its 50th anniversary cocktail reception that it has achieved a cumulative...
MOL ship sets new record, loads 19,100 TEU in Singapore
The Ocean Network Express’s ultra-large containership MOL Tribute has set a new record for the most twenty-foot equivalent containers ever loaded onto a vessel with...
Port of Savannah handles record 4.2m TEU in one year
The Port of Savannah handled record 4.2 million twenty-foot equivalent containers (TEU) in its 2018 fiscal year for an impressive 8.4% increase year-over-year,...
CMA CGM places order for nine 22,000 TEU containerships
By Jite Eriabie French container shipping major CMA CGM has confirmed the order for nine 22,000 TEU containerships while releasing results for the second quarter of...
OOCL Hong Kong breaks 21,000 TEU mark, becoming world’s largest containership
Less than two months after the MOL Triumph earned the title of the world’s largest containership by carrying capacity as the first ship to cross the 20,000 TEU mark, a...
Container shipping lines earned $42 less per TEU in 2016
The container shipping lines received an average rate 7% (42 USD) lower in 2016 than in 2015, if they operated in the spot market on all Shanghai Containerized Freight...
