A single modern container ship can now carry more cargo boxes than existed in most entire ports just a few decades ago. The largest vessels afloat move upward of 24,000 twenty-foot equivalent units, ...
The world’s container liner business is now so consolidated that it can deftly match vessel capacity to cargo demand. This change — courtesy of mergers and alliances — is structural, not cyclical. If ...
Maersk’s terminal operator is set to build a new 1,300-foot container berth at Alabama’s Port of Mobile that would expand capacity at the gateway by 50 percent. The Alabama Port Authority and APM ...
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 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 ...
China's largest container ports continue to endure congestion and delays weeks after multiple typhoons hit the eastern part of the country, causing some carriers to skip calls at the gateways.
HOUSTON (ICIS)–Global container capacity could surge by year’s end as speculation about a return of commercial shipping to the Suez Canal increases, but the change could lead to congested ports and ...