article tag Seaports

Yantian Port recently stated that due to the crowded space of storage yards, the efficiency of terminal operations has been seriously affected. In order to avoid congestion, Maersk, Hapag-Lloyd and ONE made corresponding business adjustments.

On May 27th, the shipping container freight rate from Asia to Europe exceeded US$10,000 for the first time, setting a new historical record.

It is expected that the port congestion in America is going to persist and freight rates will continue up.

Due to the blockade and strike in Columbia, Buenaventura port stops receiving goods, and booking of containers will be canceled.

On May 25, Shenzhen Yantian International Container Terminal announced that due to increasingly serious delays in shipping schedules and five coronavirus confirmed cases, export containers are prohibited to enter the port.

Recently, due to the epidemic and other factors which caused delays in ship congestion, the freight rate of containers from Asia to Europe hit a record high.

It is reported that after the Eid al-Fitr celebrations last week, Chittagong Port, the main seaport of Bangladesh, faced serious queuing of ships and congestion in the container yard.

Israeli airlines and ports have been closed including Port of Ashkelon and Port of Ashdod because of rocket attacks.

As of May 6, Railway Chuanshan Port Station of Ningbo Zhoushan Port has completed a total of 71,358 TEUs of multimodal transportation this year, exceeding the total volume of last year.

Cosco Shipping Ports (CSP) is adding two more berths to its joint venture terminal in Singapore with PSA Corp.