The container shipping market has become used to cyclicality over the decades, and it experienced an unprecedented peak in 2021 and 2022 with record rates and profits for liners. But with consumers ...
The world's largest capacity container ship has set off on its maiden voyage. Measuring 400 m (1,312 ft) in length and 58.6 m (192 ft) wide – or the size of four soccer fields for those more familiar ...
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World’s first nuclear-powered container ship design targets 16,000 TEU capacity
On March 9, South Korean shipbuilding giant HD Hyundai announced it had signed a ...
The return of vessel queues outside Singapore, and many other ports for the first time since Covid, points to trouble in the system that transports 45% of global trade by value. At least 6-7% vessel ...
The Georgia-based port has approved several projects that will add more container units this year. The Georgia Ports Authority has approved capital improvement projects that will expand shipping ...
The Georgia Ports Authority (GPA) handled nearly 5.6 million TEUs (twenty-foot equivalent container units) in 2024, up 12.5% from 2023, making Savannah “the fastest growing container gateway on the ...
Spot rates are on the rise as capacity management, demand and conflict begin to affect the global container market.
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