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.
Porto Itapoá Achieves Major Water Reuse Milestone in Sustainability Push
Porto Itapoá, one of Brazil’s leading ports, has successfully reused over 1 million liters of water in its warehouse operations… Read More
Red Sea Crisis and Global Trends Drive Up Ship Maintenance Costs
The maritime industry is grappling with rising costs for vessel stores and spares as geopolitical tensions in the Red Sea… Read More
Container Spot Rates Plunge as Suez Reopening and Lunar New Year Drive Market Volatility
Container spot freight rates experienced sharp declines this week, driven by a combination of Lunar New Year celebrations in China… Read More
Trump Targets Houthis with Terrorist Designation Amid Ongoing Red Sea Shipping Crisis
President Donald Trump has signed an executive order to begin the process of designating Yemen’s Ansar Allah, commonly known as… Read More
Intermodal Market Experiences Robust Growth in Early 2025
The intermodal market continues its impressive peak into the early months of 2025, defying typical seasonal trends with a notable… Read More
Global Shipping Market Faces Turbulence as Tanker Rates Surge on China Routes
In light of recent sanctions imposed by the US on Russia, the cost to hire oil supertankers on key routes… Read More
U.S. Companies Stockpile Chinese Goods Amid Tariff Uncertainty
Anticipation of potential new tariffs under President-elect Donald Trump has driven a surge in U.S. imports from China, as companies… Read More
Red Sea Trade Route Faces Prolonged Uncertainty Despite Gaza Ceasefire
Global shipping companies remain hesitant to return to the Red Sea trade route, even after a ceasefire between Israel and… Read More
How AI is Revolutionizing Safety Management in the Maritime Industry
The maritime sector is embracing digital transformation, with artificial intelligence (AI) emerging as a game-changer for safety management. Companies like… Read More
DP World Surpasses 100 Million TEU Milestone, Driving Global Trade Growth
Global logistics leader DP World has achieved a historic milestone, surpassing 100 million TEUs (twenty-foot equivalent units) in container handling… Read More
US Ports Anticipate Strong Finish to Year with Promising 2025 Outlook
The container flows through U.S. ports are set to conclude on a strong note, signaling robust improvement prospects for 2025…. Read More
CMA CGM Postpones Peak Season Surcharges for US-Bound Shipments
In a significant update for ocean shippers, CMA CGM has postponed its peak season surcharges on several routes to the… Read More
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