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ONE plans world’s first 24,000 TEU container ships

Global container shipping company Ocean Network Express Pte. Ltd. has signed a Letter of Intent (LoI) for charter of six new Ultra Large Container Ships (ULCS) with capacity greater than 24,000 TEU each, the world’s largest class ever.

Singapore bunker sales increase 10.2% year-on-year

Bunker sales in the Port of Singapore increased by 10.2%, says an infographic about October’s 2020 port performance, paying attention to key port indicators as the vessels that arrive, the container and cargo throughput, as well as bunker sales. 

NWSA TEU volumes drop 17% in July

In line with a trend of decreasing port volumes in light of the COVID-19 pandemic, the Northwest Seaport Alliance, including the ports of Tacoma and Seattle, handled 270,388 TEUs in July 2020, a 17.2% decline compared to July 2019. Full imports declined 15.9%, while full exports decreased 23.4%.

Port of Los Angeles: Cargo volumes drop 29.8% in May

The Port of Los Angeles moved 581,665 TEUs in May, a 29.8% decrease compared to last year’s record-setting May, said Port Executive Director Gene Seroka in a news briefing. Five months into 2020, overall cargo volumes have decreased 18.6% compared to 2019. 

Port of Hamburg: Cargo throughput drops in Q1 2020

Port of Hamburg, Germany’s largest universal port, saw seaborne cargo throughput in the first quarter of the year at 31.9 million tons, representing a 7.9% drop on 2019, as a result of the COVID-19 crisis.

Ningbo-Zhoushan Port to strengthen its handling capacity

Ningbo-Zhoushan Port plans to raise $1.6 billion in order to upgrade its facility. Specifically, the port will expand six container terminals which are estimated to increase its annual handling capacity to more than 32 million TEU from 5.6 million TEU during 2020. 

HHLA reports increase of containers handled in 2019

Hamburg-based Hafen und Logistik AG (HHLA) reported an increase in container throughput, with 7.6 million standard containers (TEU) handled at its container terminals in the 2019 financial year. HHLA increased its revenue by 6.8% to € 1.38 billion in the 2019 financial year. 

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