Peel Ports has invested in two new ship-to-shore (STS) container cranes for the Port of Liverpool (Terminal 1), to further support growth from Intra European Feeder networks and specialist carrier Atlantic Container Line (ACL). A significant investment for the company, the new container cranes will increase the number of (STS) cranes at the terminal and… Continue reading Peel Ports invests in new STS container cranes for the Port of Liverpool to increase service capabilities
July saw the container shipping industry enter uncharted water, as long-term contracted rates surged by their largest ever monthly increase, climbing by close to one third. According to the latest Long-Term XSI® Public Indices from Xeneta – which crowd sources real-time rates data from leading shippers – the global index recorded a staggering jump of… Continue reading Xeneta container rates alert: shippers stunned as long-term rates surge by almost 30% in a month
Commenting on the current state of the international container shipping market, the British International Freight Association (BIFA) says that it foresees rates remaining at extraordinarily high levels, possibly increasing; with capacity remaining extremely tight; ongoing service delays and container shortages, as well as punitive surcharges. In response to concerns expressed by its members, the trade… Continue reading Freight association sees no change in container shipping fundamentals for months… possibly years
A record volume of cargo was handled at DP World’s two UK ports in the first half of 2021, after the leading global provider of smart logistics invested in capacity and capability to meet customer demand. Between January and June this year DP World’s smart logistics hub at London Gateway saw throughput of 888,000 TEU,… Continue reading DP World reports record first half volumes in the UK driven by investment and growth
ABP’s Port of Ipswich is again the number one for the export of agricultural products in the UK, beating London, Bristol and Southampton to claim the title it has held since 2005. On the 14th July 2021, the Department for Transport published the UK port freight statistics for the UK, reporting that ABP’s Port of… Continue reading ABP’s Port of Ipswich retains first place for agricultural products exports in the UK
The British International Freight Association (BIFA) is encouraging businesses engaged in visible trade between the UK and EU, and the freight and logistics companies that serve them, to make sure that they are fully prepared for rule changes that will take effect over the next six months following an initial postponement. In March, BIFA welcomed… Continue reading Freight association reiterates need for traders to get ready for EU trade rule changes
DP WORLD today announces a major step forward for the capability of its Southampton terminal with the completion of the crane rail extension, which will allow the world’s largest cranes to service the full length of the quay. Part of DP World’s £40m investment this year in Britain’s second largest container terminal, the 120m crane… Continue reading DP World announces completion of major capability improvement at Southampton as world’s largest cranes to service all berths
Cleaner air, healthier communities and tens of thousands of new green jobs are set to become reality thanks to the UK’s revolutionary Transport decarbonisation plan, Transport Secretary Grant Shapps has announced 14 July 2021. With just months to go until major climate summit COP26, the plan provides a world-leading ‘greenprint’ to cut emissions from our seas and skies, roads… Continue reading Government publishes world’s first ‘greenprint’ to decarbonise all modes of domestic transport by 2050
The Global Cargo Shipping Transportation Market stood at USD157.49 billion by value in 2020 and is forecast to grow at a CAGR of 5.87% until 2026, owing to the rising imports and exports of liquid, dry, general, and container cargo trade in the Asia Pacific & Middle East countries like India and Brazil. On the… Continue reading Global Cargo Shipping Transportation Markets Report 2016-2020 & 2021-2026
Long-term contracted ocean freight rates continued their ascent through June, although not with the dizzying trajectory witnessed in recent months. May’s 9% surge in prices eased back to a 2.3% gain in June. However, the latest figures, detailed in Xeneta’s Long-Term XSI® Public Indices, mean rates now stand a staggering 39.2% up year-on-year (having risen… Continue reading Xeneta container rates alert: increase slows, but still no relief in sight for global shippers
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