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Container equipment shortage due to logistics not fleet under investment

Container shipping remains disrupted by box equipment shortages which are restricting available capacity and so forcing freight rates to record highs. However, this is being driven by empty container repositioning issues rather than inadequate fleet. According to Drewry’s Container Equipment Forecaster, the global ocean-borne container equipment fleet is expected to end the year having declined 1.1% to 39.9 million teu, compared to a 3.3% projected fall in 2020 global container ... [+]

Mission Space Logistics: DHL moves from Global to Galactic Forwarding

DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, normally moves goods that stay in the Earth’s atmosphere. Now they have partnered with D-Orbit, a specialized company covering the entire lifecycle of a space mission, including logistics services, for the ... [+]

Panama Canal Administrator’s Year End Remarks:

A Legacy of Resilience and Action to Benefit our Customers, Country, and World This month marks the close of the Panama Canal’s 21st year under Panamanian administration. Looking back, our resilience this year attests to the experience and world-class workforce built over the decades. Despite facing ... [+]

Rehoboth, a Small Business Success Story at Port Everglades

Broward County awarded 10-year franchises to Rehoboth Terminal LLC to provide cargo handling and stevedore services at Port Everglades to export used vehicles to Haiti via their sister company, ACCORDIA Shipping. The Broward County Commission unanimously approved these long-term franchises after Rehoboth’s first year ... [+]

New Weekly Direct-Asia Service from Port NOLA

THE Alliance has announced a new direct-Asia container service that will call the Port of New Orleans (Port NOLA), the East Coast Loop 6 (EC6) service via the Panama Canal. Members of THE Alliance Ocean Network Express (ONE), Hapag-Lloyd, Hyundai Merchant Marine (HMM) and Yang ... [+]

US Ports Fare Well in Congressional Year-End Legislation

U.S. members of the American Association of Port Authorities (AAPA) – the unified and collective voice of America’s seaports – are pleased that many port-related programs championed by AAPA and its members are included in the FY 2021 Omnibus appropriation package and in the FY ... [+]

Hapag-Lloyd orders six ultra large container vessels of 23,500+ TEU

Hapag-Lloyd has signed an order for six ultra large container vessels. The Korean ship yard Daewoo Shipbuilding & Marine Engineering will build the 23,500+ TEU vessels and deliver them to Hapag-Lloyd between April and December 2023. The vessels will be deployed on the Europe – ... [+]

THE Alliance announces service network adjustments for 2021

The members of THE Alliance have adjusted their current network to offer customers increased capacity on trade lanes for which there is greater demand. The setup of THE Alliance’s network has been evaluated and reconfigured to ensure even better frequency, more competitive transit times and ... [+]

Biggest container cranes ever for Port of Oakland on the way

Towering new cranes are coming to the Port of Oakland to handle the massive ships calling the seaport. These new cranes will be the tallest ever at Oakland, and rank among the largest in the U.S. Stevedoring Services of America (SSA) is investing in the ... [+]

Congress Passes Landmark Legislation for the Port of Corpus Christi and the Nation

Congress passed the bipartisan Water Resources Development Act (WRDA) of 2020, which provides authority for the U.S. Army Corps of Engineers (USACE) to carry out water resource development projects and studies; the legislation also reforms and provides policy direction to the USACE for implementation of ... [+]

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