World’s Container Fleet Capacity Set to Reach All-Time High
Ships larger than 12,000 TEUs have contributed two-thirds of the 10 million TEU added since early 2021.
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Ships larger than 12,000 TEUs have contributed two-thirds of the 10 million TEU added since early 2021.
Growth in the container segment of the shipping industry has been making headlines for a long time, but it just smashed through a record. Surpassing t...
Global container volumes hit a record 17.46 million TEUs in August, while ocean pricing reached a two-year high, CTS reported. The post Global container volumes hit record 17.46 mi...
Global container fleet capacity is set to reach a new record of 34 million TEU, driven by high levels of new ship deliveries and limited recycling activity, according to BIMCO. At...
The port expects to be able to handle 12 million TEUs annually once construction is complete.
While already recognized for many years as the world’s busiest container port, Shanghai exceeded its own records, handling a staggering 5.135 million...
The order has propelled the global backlog of new vessels to the equivalent of 46.5% of the existing container ship fleet, the highest level since 2009, according to Linerlytica.
Maersk has confirmed an order for 26 LNG-fuelled container ships, each with a capacity of 18,600 TEU. According to DynaLiners, the agreement follows earlier market speculation that...
Construction is underway on a $669 million Delaware terminal designed to handle 1.2 million TEUs annually beginning in 2029.
The larger of the two orders is for a dozen 22,000-TEU ships that the carrier said will “boost [its] competitive advantage” on routes such as the Far East to Northwest Europe.
Global port congestion is approaching 4 million TEUs as strong container demand, weather disruption and tight vessel capacity continue to pressure major trade lanes, according to D...
The port brought in 1.5 million TEUs for the first quarter of its fiscal year, up 2.7% from that same period last year, and representing the second best quarter in its history.
The contract with South Korean shipyard Hanwha Ocean pushes the global order book for LNG-fueled vessels to more than 6.8 million TEUs.
The port handled 997,177 TEUs in September, beating the previous record of 987,191 TEUs set in October 2024.
Unprecedented volumes demonstrate the underlying strength of global container trade, analyst says. The post World container volumes post record 17.3 million TEUs in July appeared f...
China United Lines (CU Lines) has placed an order for two 14,000 TEU container ships at Hudong-Zhonghua Shipbuilding. The newbuildings are scheduled for delivery during 2028 and 20...
The Port of Los Angeles posted a record summer with year-to-date volume up 1.5% as officials expect continued strength. The post Port of Los Angeles posts record 2.9M TEUs, eyes st...
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The drop in transit cargo was a deliberate operational trade-off made to free up space for inland freight, which has allowed hinterland volume to grow sharply this year.
U.S. container imports rose to 2.6 million TEUs in August, the third-highest monthly total on record, as port delays increased.
Imports climbed 3.8% from July to 2.60 million TEUs as gains at East, Gulf and West Coast gateways coincided with a broad increase in sourcing-market volumes and rising port transi...
The Port of Los Angeles reported on Friday that it has just completed the strongest month in the port’s history, with container volumes dramatically a...
Each ship will have a capacity of 18,600 twenty-foot equivalent units, with dual-fuel engines that can operate on liquefied natural gas.
Alabama’s $100 million Montgomery inland container terminal will link central Alabama shippers to the Port of Mobile via CSX rail. The post New $100M inland rail terminal will hand...
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