DHI-DCW bags Gwangyang order

Last year, all the Chinese ports handled 16.97 Bt, having exceeded their 2022 volume by nearly 8%. Shanghai throughputs surged, Hong Kong saw a downfall.

“The management of the Red Sea crisis has alleviated concerns of sudden container price rises, providing a more predictable environment”

Valenciaport handled 784,095 containers in the first two months of the year, a growth of +9.97% compared to January-February 2023.

Xeneta data reveals that average spot market rates from China to Mexico have consistently surpassed long-term contract rates since April 2023.

The Port of Salalah has taken delivery of the first four cranes in a series of 10 super-post panamax STS cranes being manufactured by ZPMC. The remaining cranes will arrive at Oman’s largest container port in Q2 2024 with all units fully commissioned in the third quarter of the year.

The Biden administration has announced four key actions designed to strengthen maritime cybersecurity and support domestic crane production. These will make it harder for ZPMC to build and deliver cranes to the US market, pushing up crane prices in the process.