Global Trade

Having suffered only minor damage the Beirut container terminal has resumed operations as shipping lines return to port

Hapag-Lloyd is the first shipping line to confirm that it will reinstate its services to the Port of Beirut as damage to the container terminal is said to be only minor

Forth Ports and DP World have announced a partnership which will submit a join freeport bid incorporating the Port of Tilbury and DP World London Gateway

Spanish company ESES and its modular container solution, Connectainer, has confirmed its part in the Port of Antwerp-led ePICenter project

Analysis from BIMCO suggests that the total order book for new ships has reached its lowest point in 17 years because of COVID-19

The EU-Vietnam Free Trade Agreement will enter into force on 1 August 2020. Trade between the Port of Hamburg and Vietnam, which has already increased in recent years, should continue to benefit from this agreement the Port said

The Port of Savannah saw its TEU traffic fall by just 1% in the fiscal year 2020 despite the the COVID-19 pandemic as is continues to be one of the best performing and fastest growing ports in the US

Shipwaves, a Mumbai-based digital freight forwarder, has joined Maersk-IBM developed TradeLens platform

The world of ports and shipping has seen the worst downturn in TEU throughput since the financial crash of the late 2000s, according to Drewry’s quarterly container market report

COVID-19 has exacerbated the problem of overcapacity in container shipping has been facing in recent years as the global fleet continues to grow

COSCO Shipping has signed a strategic cooperation agreement with Ant Group and Alibaba Group to jointly explore the application of Ant Blockchain, Ant Group’s blockchain technology, and its potential to transform shipping

Container terminals are feeling the pressure from ultra large container ships (ULCS) calls during the COVID-19 crisis as the current situation sees them arrive laden with cargo