The terms "port" and "seaport" are used for different types of port facilities that handle ocean-going vessels. Global trade is largely dependent on maritime transportation into these destinations. There are major ports in six of the seven continents, from Port Said in Egypt to Australia’s Port of Melbourne, to the Port of Santos in Brazil. Asia is home to many of the world’s busiest seaports; the Port of Shanghai is the largest in the world in both cargo tonnage and activity, followed by the Ports of Singapore and Hong Kong.
Escalating Middle East Tensions Trigger Projected Surge in War Risk Premiums and Freight Rates
In a significant escalation of tensions in the Middle East, Iran’s capture of the MSC Aries, a container ship linked… Read More
Baltimore Bridge Collapse: Impact on Local Economy and Global Trade
Following a cargo ship collision with a motorway bridge in Baltimore, concerns have arisen regarding potential disruptions to both local… Read More
February U.S. Import Container Volume Continues Strong Performance: Descartes
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released its March Global Shipping Report for logistics and… Read More
$3.24 Billion Methanol Plant Planned On Port Of Lake Charles Property
Lake Charles Methanol II LLC (Lake Charles Methanol) has unveiled plans to invest $3.24 billion in the construction of a… Read More
Porto Itapoá Implements Electric Vehicle Patrols to Reduce Carbon Emissions
In a strategic move aimed at enhancing sustainability and reducing carbon emissions, Porto Itapoá has partnered with surveillance company Segurpro… Read More
China-US Container Leasing Rates Rise Threefold, Container Demand Recovery on the Horizon
The global shipping industry experienced a significant surge in rates over the past couple of months, as an aftermath of… Read More
February U.S. Container Import Volumes Up 7.9% from December Driven by Chinese Imports
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released its January Global Shipping Report for logistics… Read More
Synergy Logistics and Techdinamics Revolutionize Shipping Integration for Efficient Warehouse Management
Synergy Logistics, a leader in warehouse technology innovation, has recently announced a groundbreaking partnership with Techdinamics, a renowned provider of… Read More
Navigating Digital Transformation: Insights from ODeX’s Ocean Freight Shipping Report
ODeX, a prominent provider of digital solutions for ocean freight shipping, has unveiled a comprehensive report shedding light on the… Read More
Porto Itapoá Innovates with In-House Emergency Cage for Port Rescue Operations
In a groundbreaking move within the Brazilian port industry, Porto Itapoá introduces an exclusive and innovative solution for emergency situations:… Read More
Corn Belt Ports Expands Presence with New Office to Boost Tri-State Growth
In a move to catalyze economic development in the Tri-State region, Corn Belt Ports inaugurated its latest office at the… Read More
South Carolina Ports Propel Midlands Economy with a $22.3 Billion Impact
South Carolina Ports play a pivotal role in the economic vitality of the Midlands region, generating an impressive $22.3 billion… Read More
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