Ports, shipping industry more agile and resilient from Covid-19

Lessons learnt from the Covid-19 pandemic have made the ports and shipping industry more agile and resilient....

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Canada shuts ports to Russian ships over Ukraine invasion

TORONTO, March 1 (Reuters) - Canada ratcheted up pressure on Russia on Tuesday for its invasion of Ukraine by shutting ports to Russian-owned ships and saying that holdings of all Russian oligarchs and companies in the country are under review....

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Container lines suspend shipments to Russia, Maersk considering

LONDON/COPENHAGEN, Feb 28 (Reuters) - Container shipping company Ocean Network Express (ONE) on Monday suspended bookings to and from Russia while Maersk said it was considering doing the same in response to Western sanctions on Moscow following its invasion of Ukraine....

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US East Coast container port congestion grows as more shippers divert from West Coast

Congestion at East Coast North America container ports worsened as more ships diverted to avoid West Coast gridlock, further delaying the flow of goods to consumers and driving up costs, sources said Feb. 22....

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Europe Ports Rival U.S. for Congestion and Delays

U.S. port congestion gets plenty of unwanted attention these days for the long lines of cargo ships waiting off the East, West and Gulf coasts. But Europe’s supposedly more efficient gateways for trade aren’t faring much better....

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Sea freight rates rise 800% on reduced capacity

SEA freight rates have increased up to 800% in some routes — a 100% increase than in October last year (700%) — due to reduced available capacity on shipping lines and container shortage, based on recent feedback received by the Malaysian National Shippers’ Council (MNSC)....

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Ship carrying Porsches and Bentleys ablaze near Azores, towing boats en route

BERLIN/LISBON, Feb 18 (Reuters) - A ship carrying around 4,000 vehicles, including Porsches, Audis and Bentleys, that caught fire near the coast of the Azores will be towed to another European country or the Bahamas, the captain of the nearest port told Reuters on Friday....

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The CMA CGM Group was awarded the concession of the Beirut Port container terminal and foresees an ambitious development plan

Following the bidding process, CMA Terminals, a fully-owned subsidiary of the CMA CGM Group, a world leader in shipping and logistics, has been chosen to manage, operate and maintain the Port of Beirut’s container terminal for a 10-year period starting in March 2022....

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Why war in Ukraine could be catastrophic for container shipping

Although container shipping in and out of the Black Sea remains a relatively niche trade, a Russian invasion of Ukraine could have catastrophic consequences for global container supply chains....

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Asyad Shipping launches Oman Southeast Asia container service

The arrival of Asyad Shipping owned container vessel at the Port of Sohar is the first of a new direct twice monthly Asyad Line service connecting Singapore and Malaysia with Oman....

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