
Ports & Logistics
Stay informed with the latest news, analysis and market insight from the ports and logistics sector through our expert coverage

Panama Canal draught restrictions could leave carriers ‘high and dry’
A lack of rainfall has led to escalating draught limitations, with another curb scheduled for the end of the month, which would place the limit at 43.5 ft. Each incremental cut has ‘significant’ volume ramifications, Xeneta’s Peter Sand says

Demand slump weighs on box terminal valuations
Container terminals benefited from supply chain congestion during the pandemic. But with demand growth now stagnant and finance costs rising, the shine has come off the sector

New York and New Jersey volumes soften as throughput losses even across coasts
The port of New York and New Jersey continued to see volumes fall from last year’s records but gained on 2019 levels after two months of falling slightly below. Meanwhile, April cargo volumes declined at virtually the same levels between the US west and east coasts

Weak demand and strong supply threaten liner balance
Capacity ordered during the pandemic is entering the market as demand slows. A recovery in volumes may not come until 2024

Fire breaks out on Eagle Bulk ship in South Korea
The 63,707 dwt vessel will undergo inspection to ascertain the extent of any damage, while an investigation has been launched into the cause of the fire, company says

Ports climate initiative to set up green fuel readiness framework
Project agrees to an extension with a new focus on clean fuels, shore power and green corridors following Rotterdam’s example

Box ports at forefront of growing drugs problem
Smugglers are diversifying the routes and tactics to bring narcotics to Europe. TT Club calls for greater awareness of the trade and the steps needed to counter it

The week in charts: Ukraine export hub empty | Green corridors risk becoming greenwash | Carriers avoid price war as box rates stabilise
Dark fleet operator Gatik reflags four tankers with Mongolia, Suez Canal groundings double this year and dry cargo sector dominates ship recycling market

ONE joins blockchain-based logistics platform GSBN
Digitalisation has the potential to enable a quantum leap in shipping sector, GSBN said, calling for trusted collaboration

Charterparty expectations holding back decarbonisation efforts
By bringing together machine learning software and high-frequency data, it is now possible to reimagine the traditional expectation that ships race across the ocean to queue up for a berth

APM Terminals Bahrain to be region’s first fully solar-powered seaport
The system will be able to generate 18.5 GW of electricity per year that will be used for powering various port operations, including container handling, crane operations and lighting. AP Moller-Maersk unit APM Terminals aims to achieve net zero by 2040

ICTSI to develop megaboxship-capable Berth 8 at MICT
Operations set to begin in 2025 with the delivery of two quay cranes. The port operator is also modernising and upgrading berths 1 to 5, adding extra reefer points
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