2022, a record year for Piraeus
The Hellenic port closed the year with a net profit of 52.9m euros and a 43.9% increase on 2021
One in two boxships arrives late
Schedule reliability of global container lines rose to 52% in January. However, delays are still over 5 days on average. According
San Pedro Bay ports’ turn for the worse
In February, Los Angeles & Long Beach handled 43.1% & 31.7% fewer containers compared to last year
MSC & Maersk call off their AE1/Shogun
The service, jointly operated by the two carriers under the 2M alliance, linked Asia to Northern Europe
Container storage, now we’re talking
DP World has announced the first commercial use of its BoxBay High Bay storage (Hbs) system
Maersk resumes links with Ukraine
A new barge service between the Romanian port of Constanta and the Ukrainian port of Reni
Container freight rates tumbling
Transport tariffs have taken yet another weekly nosedive, falling by 3% this time
New containerships on the horizon
According to Alphaliner’s report, eighty-nine 7000+ TEU capacity vessels will enter service in 2023
Container freight, it’s a price war
In an increasingly gloomy market environment, carriers are now forced to accept lower profit margins