The Port of Long Beach (POLB) has achieved its busiest July on record in terms of TEU volumes, despite a cooldown in consumer spending. More specifically, dockworkers and terminal operators moved 785,843 TEU last month, which represents a slight increase of 0.13% from the previous record set in July 2021. Imports fell 1.8% to 376,175 TEU, exports decreased by 0.5%…
Yang Ming will add another new 11,000 TEU container ship to its fleet, named ‘YM Throne’. The vessel is chartered by Shoei Kisen Kaisha and has been built by Imabari Shipbuilding. Its naming ceremony was held at Imabari Hiroshima Shipyard. Hsieh-Lung Yeh, director general of the Bureau of the Maritime and Port Bureau, MOTC, was invited to officially name the…
Congestion on the US West Coast led to a sharp increase in both demand and capacity on the Asia-US East Coast routes. Quoting Sea-Intelligence data, Xeneta said that in the three months to July 24, capacity between Asia and the US East Coast was up 18.9% on-year to an average of 210,000 teu. “Compared to the average weekly capacity in…
June container volume at Port Houston totaled 323,823 TEU, an 11% increase compared to the same month last year, marking the largest June in its history for containers. This is the fifth month this year with a double-digit increase over 2021, a record year for Port Houston’s container volume. Year-to-date, Port Houston has handled two million TEU, specifically 1,897,065 TEU,…
Port congestion in the US has shifted eastwards with more vessels now waiting at New York and Houston ports than Los Angeles and Long Beach. Congestion at US West Coast ports hit the headlines last year as it reached record levels with vessels waiting more than three weeks to berth at the key ports of Los Angeles and Long Beach…
Orient Overseas Container Line (OOCL) has decided to switch to Electronic Bills of Lading (eBL) in order to enhance the efficiency of the global supply chain, reduce its carbon footprint, and improve customer experience. OOCL’s eBL solution is powered by digital solutions provider IQAX Limited, and built on Global Shipping Business Network’s (GSBN) blockchain platform. OOCL said that by leveraging…
North America’s northwest coast continues to experience port congestion with vessel delays. This is the reason that effective from August, Transpacific services of THE Alliance, comprising Hapag-Lloyd, Ocean Network Express (ONE), Yang Ming and HMM, will have port adjustments. These changes will apply from the 33rd to the 37th week of the year for the alliance’s Pacific North Loop 2…
The Taiwanese container carrier Yang Ming has added a new 11,000 TEU class container vessel, named YM Tutorial, to its boxship fleet. The vessel is chartered by Shoei Kisen Kaisha and built by Imabari Shipbuilding. The name was given at a ceremony held at the Imabari Hiroshima Shipyard on 17 June and is expected to enter Yang Ming’s Transpacific West…
The Port of Los Angeles (POLA) moved 876,611 TEU in June and by mid-2022 has handled more than 5.4 million TEU, matching last year’s record pace. “Halfway through the year, we’ve been able to reduce the number of vessels waiting to berth by 75%, allowing dock workers to efficiently process more vessels,” said Port of Los Angeles executive director, Gene…
US port imports hit another record high this spring, according to the monthly Global Port Tracker report published by the National Retail Federation (NRF) and Hackett Associates. The reasons for that are that the country’s major container ports worked to ease congestion and retailers stocked up before the West Coast dock workers’ labor contract expired. Specifically, US ports covered by…
