Strong start to 2022 – but clouds on the horizon
The container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose from 123.9 points (seasonally adjusted) to 125.3 points in November, according to the latest flash estimate. The index... more
Barge service for Latin American exports
A new barge feeder service between the port of La Plata, close to Buenos Aires, and the port of Santa Fe, in the northeast of the country introduced by ICTSI’s Argentinian business unit creates a new and direct link to Brazil and Asia. International Container Terminal Services... more
Best’s next step in Barcelona
The port of Barcelona has approved the development of a new phase of the Best terminal, which belongs to Hutchison Ports. The port and terminal operator is set to invest around EUR 60 million in its facility on the Prat wharf. EUR 31 million will be spent on civil engineering... more
A new giant raising its head
In its recent analysis, Unctad provides new insights into the Regional Comprehensive Economic Partnership (RCEP). The Asia-Pacific free-trade agreement set to enter into force on 1 January 2022 will create the world’s largest trading bloc by economic size, according to an Unctad... more
Port Klang going strong again
Port Klang, Malaysia's major sea port, handled almost 12.7 million teu from January to November 2021. Throughput is forecast to surpass the result of 2020, which amounted to 13.3 million teu. The port authority expects that by the end of December volumes handled will reach... more
Chipolbrok's newbuilds come into play
Liner Chipolbrok will soon put a number of newbuilds into service. The first newcomer is M/V “Tai Xing” on her maiden voyage from Penglai in the Chinese province of Shandong to Puerto Bolivar in Ecuador. The vessel is the first of four newbuild XL mpp vessels in this serial... more
Record mark at POLB within sight
The US-West Coast Port of Long Beach will have handled more than 9 million teu by the turn of 2021. So far, the port had handled 8,600,000 teu by the end of November 2021, up 18.3% from the same period in 2020 and already surpassing the current annual record of 8.1 million teu... more
European money for Port of Genoa
The European Investment Bank (EIB) has decided to grant a EUR 300 million framework loan to Autorità di Sistema Portuale del Mar Ligure Occidentale (Port Authority of the Western Ligurian Sea) to contribute to financing the ongoing renewal of the Ligurian port area. The EIB... more