Maersk sees container demand slowing as recession looms

by gsdominio@gmail.com | Nov 2, 2022 | Uncategorised

Shipping group Maersk (MAERSKb.CO) warned on Wednesday of slowing demand for transport and logistics as a global recession looms and cut its forecast for container demand this year, even as it beat third-quarter earnings expectations. “It is clear that freight...

Climate change will impact port infrastructure in the coming decades

by gsdominio@gmail.com | Oct 27, 2022 | Uncategorised

A scientific publication led by the academic from the University of Valparaíso and researcher from the ANID CIGIDEN Center, Patricio Winckler, addressed the impact of climate on the operating conditions of seven large state ports in Chile, a system that plays a...

Panama Canal reports drop in container cargo transiting through its Neopanamax locks

by gsdominio@gmail.com | Oct 24, 2022 | Uncategorised

The Panama Canal reported a surprising drop in container cargo transiting its Neopanamax locks during fiscal year 2022 (which runs from October to September), falling from 51.2 million to 50.2 million. By contrast, the amount of containerized cargo transported through...

After two years of shipping snarls, things are starting to turn around

by gsdominio@gmail.com | Oct 17, 2022 | Uncategorised

After two years of port congestions and container shortages, disruptions are now easing as Chinese exports slow in light of waning demand from Western economies and softer global economic conditions, logistics data shows. Container freight rates, which soared to...

DP World adds new trade routes to open global markets, ease supply chain congestion

by gsdominio@gmail.com | Oct 10, 2022 | Uncategorised

UAE-based global logistics major DP World said it added more than 23,000 nautical miles of new trade routes across the globe, including connections between India, Middle East and Africa, and new connections between Latin America, Europe and Asia during...