Strong demand in the US has sent major east and west coast ports up the list of terminals handling the largest volume of containers per year, writes Alphaliner.
The large bottlenecks across the container market continue to grow day by day, with 141 vessels currently waiting in line off ports in China and the US, show new figures from VesselsValue.
Activities have resumed in Chinese ports Ningbo and Zhoushan, according to Bloomberg News, after a typhoon forced the two ports to shut down, consequently leading to vessels queuing up.
The Australian Competition and Consumer Commission (ACCC) is investigating whether Australian ports have jacked up prices for handling of goods. The ports deny price-gouging despite best earnings in ten years.
The volume of goods shipped from major container ports along the US West Coast drops to the lowest level since 2010. Concurrently, the number of containers leaving the ports empty has been record-high, according to Bimco.
French CMA CGM has agreed with Abu Dhabi's AD Ports Group on a multi-million dollar investment in a new container terminal at the desert state's Khalifa Port.
Cargo traffic moving through the Port of Hamburg grew steadily in the first half of the year, particularly in March and the second quarter.
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