The yawning imbalance between China’s import and exports is another way functional ocean capacity, like with port congestion, is being sapped by forces beyond the control of ocean carriers.

Current plans call for the development of a 600-meter quay and a 49-acre backup ecosystem able to handle 800,000 TEUs annually.

Europe’s third-largest port offset a sharp drop in US trade with solid increases in imports from China, Malaysia and India, while seeing big gains in intra-Europe volumes.

As contract tendering season on the European trades gets underway, carriers are stepping up capacity management efforts to elevate spot rates and better match supply with demand.

Remarks from the group’s CFO came as the carrier’s third-quarter financials showed year-on-year declines.

The carrier’s CEO also confirmed Gemini is mulling a price premium, which he forecast would be a “small three-digit number per TEU” to reflect the inventory cost savings customers achieve through the alliance’s consistent on-time delivery.

Responding to market weakness that resulted in an 83% year-on-year decline in third-quarter profits, the carrier said it is “optimizing operations by adjusting port calls and vessel deployment across trade lanes.”

The rebels are incentivized to keep up some level of threat in the Red Sea because they are loathe to give up leverage that generates financial and military support, according to an S&P Global analyst.

Doug Otto will serve a 17-month term at the helm of the port due to previous plans to retire in early 2027, but will oversee projects that aim to position Mobile as a gateway for reaching inland US markets.

With 196,000 TEUs of new capacity added to its fleet, the latest orders mean Evergreen will leapfrog both Hapag-Lloyd and Ocean Network Express in global capacity to become the fifth-largest container line.

With typical seasonal lulls setting in after a slower-than-usual peak season, forwarders generally do not expect India-Europe rates to show any sort of an uptick until January.

A predicted annual growth rate of 9% for the space economy to 2035 will intensify the demands on cargo handlers.

A predicted annual growth rate of 9% for the space economy to 2035 will intensify the demands on cargo handlers.

While premium pricing has long been elusive for ocean carriers, the cost benefits from the Maersk-Hapag Lloyd alliance may prove to be enough to justify overhauling the network.

While premium pricing has long been elusive for ocean carriers, the cost benefits from the Maersk-Hapag-Lloyd alliance may prove to be enough to justify overhauling the network.

The South Coast Air Quality Management District governing board has approved an emissions reduction plan that requires the ports to develop and implement charging and fueling infrastructure and invest in zero or near-zero-emission trucks, locomotives and cargo handling equipment.

The United States Trade Representative also confirmed in a statement Sunday that planned 100% tariffs on China-built ship-to-shore cranes and other cargo handling equipment, due to take effect Monday, have also been suspended for a year.

Lured by shorter voyage times and commensurate cost savings, shipping companies have dipped their propellers into the frigid Arctic waters since the northerly routes became commercially viable due to warmer conditions about 15 years ago.

The latest Global Port Tracker report warns of double-digit declines in imports for the rest of the year and no growth in early 2026.

With its unit costs falling in the aftermath of its alliance with Hapag-Lloyd, the carrier is becoming more confident in discussions with customers on charging a premium for services that in Q3 came with schedule reliability of around 90%.