APM seals Shanghai terminal joint venture

SIGP facilitates Astrid Mærsk’s milestone green methanol bunkering operation in Shanghai, marking a notable first for China.

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.

China Cosco Shipping Corporation Limited , the State Power Investment Corporation Limited (SPIC), Shanghai International Port Group (SIPG), and China Certification & Inspection Group (CCIC) have signed a memorandum of understanding (MoU) to jointly develop a green methanol industrial chain