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Maersk is no longer the world’s largest shipping line

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

Mediterranean Shipping Company (MSC) has unseated Maersk as the world’s largest shipping line by container capacity, according to data from the shipping analytics firm Alphaliner. The shakeup ends Maersk’s 25-year reign as the undisputed champion of cargo shipping....

The largest container ship of COSCO SHIPPING Lines arrived at the Valencia’s Port

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

This past weekend, the container ship ‘CSCL Pacific Ocean’, belonging to COSCO SHIPPING Lines with a capacity of 19,000 TEU, has scaled for the first time at the CSP Iberian Valencia Terminal, being the largest container ship of the shipping company that...

Freight rates continue to climb, no decline in congestion at ports

by gsdominio@gmail.com | Jan 21, 2022 | Uncategorised

Has been off to an ominous start for shippers – no let-up in climbing freight rates, port congestion globally at higher levels and demand continuing to increase in key markets like the U.S. The Drewry’s composite World Container Index (WCI) increased 1.6 percent...

Suez Canal expansion due to finish in July 2023

by gsdominio@gmail.com | Jan 18, 2022 | Uncategorised

A project to expand parts of the Suez Canal is expected to be completed after two years of work in July 2023, the chairman of the Suez Canal Authority (SCA) said on Sunday. The SCA announced accelerated plans to extend a second channel of the canal and to enlarge an...

The US is spending billions of dollars deepening port harbors to make room for ‘mega’ container ships that are only getting bigger

by gsdominio@gmail.com | Jan 16, 2022 | Uncategorised

The Ever Ace, the world’s largest cargo ship, is as long as four football fields and can carry over 23,000 containers. Container ships like this one have more than doubled in size over the past decade. While the massive vessels can hold more Amazon orders than...

Global port congestion is getting worse+

by gsdominio@gmail.com | Jan 12, 2022 | Uncategorised

According to data from Sea-Intelligence, overall, 11.5% of the global capacity has been taken out of the market due to vessel delays in November 2021, a slight improvement from 12.3% in October 2021. “However, it seems that there is no sign of imminent...
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Climate change will impact port infrastructure in the coming decades

Climate change will impact port infrastructure in the coming decades

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

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

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...

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