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.
Shippers Frustrated as Spot rates Rise With Demand
As demand surges on the Asia-European trades, carriers and forwarders find themselves grappling with escalating spot rates, leading to frustrations… Read More
Shipping Bonds Issues Momentum Continues
A growing number of shipping companies have taken advantage of the low interest rate environment and tapped the debt capital… Read More
Trump: Friend or Foe of US Infrastructure?
As a candidate, Donald Trump deserved credit for identifying a policy that damages jobs, competitiveness, and economic growth: underinvestment in… Read More
Container Record Broken at Port of Los Angeles
Maersk Line has claimed it set a record when the Maersk Evora loaded and unloaded 24,846 TEUs. The carriers says… Read More
Jaxport Sets New Cargo Records In 2017
The port of Jacksonville‘s public seaport terminals achieved record growth in containers, vehicles and overall tonnage during the fiscal year… Read More
Shipping In Russia’s Arctic Could Quadruple By 2025
Shipping traffic through Russia’s Arctic waters will increase four-fold by 2025 on the back of a projected rise in exports… Read More
Watch: Jaxport Partners Leading the LNG Revolution
The Port of Jacksonville and its partners are playing a leading role in the advancement of liquefied natural gas (LNG)… Read More
Parts For Geothermal Power Plant Offloaded in NYNJ
The ZIM LUANDA, operating on ZIM Container Service Atlantic (ZCA), carried a special consignment of parts for a geothermal power… Read More
Low Shipping Connectivity Makes Weaker Economies More Vulnerable
In a globalized world, trade, communication, and finance depend on the possibilities for people, companies and societies to connect, and… Read More
Port Trip To Korea, Japan Focuses on Trade Development
Long Beach Mayor Robert Garcia and Harbor Commission President Lou Anne Bynum led a Port of Long Beach business development… Read More
UN Report: Supply Does Not Create Demand for Container Shipping
Seaborne trade grew by 2.6 percent in 2016, to reach 10.3 billion tons, but the pace remained below the historical… Read More
Port Of Baltimore Set Cargo Record In FY2017
The Helen Delich Bentley Port of Baltimore’s public marine terminals handled more containers and general cargo tons than ever before… Read More
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