Abbey Chen’s Post

Shandong – world’s largest port by cargo volume in 2023 The north Chinese port of Shandong posted a cargo throughput of 1.71 billion tons in 2023, an increase of 5.6% year-on-year, making it the world’s busiest cargo handling port. Shandong also claimed the title of the world’s second largest container port having last year formed a ports cluster with Qingdao Port as the leader and Rizhao Port and Yantai Port as the backbone. Combined container volume at Shandong port was 41.32 million teu in 2023, an increase of 10.8% year-on-year, surpassing Singapore. In 2022 Qingdao was the world’s fifth largest container port handling 25.7 million teu. https://lnkd.in/ggEuXYyk

This is another example of Syndicate… which is fuelling cost of transportation from Chittagong port to different destination. The group of syndicate interestingly successful to impose the old and inefficient serial number and fixed rate of lighter vessel rates which is like curtailing. Companies are handicapped by this group and were forced to pay the fixed rate instead of a market driven rate. I would urge the Shipping Advisor to look in to this seriously and bring the competitive market in lighter vessel management. Foreign Investors’ Chamber of Commerce & Industry - FICCI

Shandong – world’s largest port by cargo volume in 2023 The north Chinese port of Shandong posted a cargo throughput of 1.71 billion tons in 2023, an increase of 5.6% year-on-year, making it the world’s busiest cargo handling port. Shandong also claimed the title of the world’s second largest container port having last year formed a ports cluster with Qingdao Port as the leader and Rizhao Port and Yantai Port as the backbone. Combined container volume at Shandong port was 41.32 million teu in 2023, an increase of 10.8% year-on-year, surpassing Singapore. In 2022 Qingdao was the world’s fifth largest container port handling 25.7 million teu. https://lnkd.in/ggEuXYyk

🔥BREAKING NEWS: Crane Collapse at Keelung Port🔥 - A Chinese vessel struck and collapsed a crane at Keelung Port on 14.9.24 - No injuries were reported, but five containers were damaged. - The incident disrupted container operations at Piers 20 and 21. - The crane was being replaced as part of a new delivery for China Container Terminal Corporation. - An investigation is underway, and all damaged equipment is insured. 🌍 For more insights, subscribe to our renowned newsletter and reports to stay ahead in container shipping! https://lnkd.in/dH4CEhzt 🌟For free real-time container tracking, email us your shipping line name and BL/container/booking number at info@maritimeanalytica.com #ContainerShipping #Maritime #Logistics #SupplyChain #ShippingNews #IndustryInsights #ContainerTracking #Sustainability #FreightForwarding #MaritimeInnovation #DigitalTransformation #ShippingTechnology #Trade #MaritimeIndustry #ShippingNews #Maersk #CMACGM #HapagLloyd #Carriers #MSC #GlobalTrade #SeaFreight #Freight #Export #Import #AI #Newsletter #BigData #ArtificialIntelligence #OceanFreight #Ports #Maritimeanalytica

🔥BREAKING NEWS: Crane Collapse at Keelung Port🔥 - A Chinese vessel struck and collapsed a crane at Keelung Port on 14.9.24 - No injuries were reported, but five containers were damaged. - The incident disrupted container operations at Piers 20 and 21. - The crane was being replaced as part of a new delivery for China Container Terminal Corporation. - An investigation is underway, and all damaged equipment is insured. 🌍 For more insights, subscribe to our renowned newsletter and reports to stay ahead in container shipping! https://lnkd.in/dH4CEhzt 🌟For free real-time container tracking, email us your shipping line name and BL/container/booking number at info@maritimeanalytica.com #ContainerShipping #Maritime #Logistics #SupplyChain #ShippingNews #IndustryInsights #ContainerTracking #Sustainability #FreightForwarding #MaritimeInnovation #DigitalTransformation #ShippingTechnology #Trade #MaritimeIndustry #ShippingNews #Maersk #CMACGM #HapagLloyd #Carriers #MSC #GlobalTrade #SeaFreight #Freight #Export #Import #AI #Newsletter #BigData #ArtificialIntelligence #OceanFreight #Ports #Maritimeanalytica

Did you know? The Port of Shanghai is the busiest port in the world in terms of cargo tonnage. The port is located at the mouth of the Yangtze River and covers an area of 3,619km². The port comprises 125 berths with a total quay length of about 20km. It serves more than 2,000 container ships every month and accounts for a quarter of China’s total foreign trade. Wusongkou, Waigaoqiao, and Yangshan are the three main container port areas of the Port of Shanghai. The container terminals have over 13km quay length, 43 berths, and 156 quay cranes. Shanghai Port has two bulk cargo terminals and three break-bulk terminals, which are located in the Luojing, Wusong, and Longwu areas. The cruise terminal covers an area of 160km2, with an 850m quay wall and four large berths. Container volume at Shanghai port exceeded 49m TEU in 2023, a 1.7 million TEU increase compared to 2022, or a 3.6 % growth in throughput. #Procurement #SupplyChain #FunFact #CollectiveSpend #Trivia #BusiestPort #Shanghai #China

Cosco Shipping Container Lines has just inked a major deal with CSSC yard for a fleet of six advanced 13,600 TEU container vessels, developed by Hudong-Zhonghua Shipbuilding. This deal, like a similar one signed with Seaspan Corp just days ago, is breaking tradition by settling in Chinese RMB, a move that reflects the expanding global influence of the currency in the shipping industry. What does this mean? Switching to RMB not only mitigates exchange risks but boosts profitability and competitiveness for Chinese shipbuilders. Hudong-Zhonghua’s new vessels, with lengths of 336 meters and widths of 51 meters, promise a capacity of 14,096 TEU and sockets for 2,000 reefer containers, making them a powerhouse for global trade. Construction kicks off in November 2025, with deliveries expected by 2027. This marks another milestone in Hudong-Zhonghua’s remarkable journey, securing orders for 21 large container ships this year alone! Stay tuned as we chart the course for the next generation of global shipping. #CoscoShipping #HudongZhonghua #Shipbuilding #MaritimeInnovation #RMB

🔥Crane Collapse at Keelung Port🔥 - A Chinese vessel struck and collapsed a crane at Keelung Port on 14.9.24 - No injuries were reported, but five containers were damaged. - The incident disrupted container operations at Piers 20 and 21. - The crane was being replaced as part of a new delivery for China Container Terminal Corporation. - An investigation is underway, and all damaged equipment is insured. 🌍 For more insights, subscribe to our renowned newsletter and reports to stay ahead in container shipping! https://lnkd.in/dH4CEhzt 🌟For free real-time container tracking, email us your shipping line name and BL/container/booking number at info@maritimeanalytica.com #ContainerShipping #Maritime #Logistics #SupplyChain #ShippingNews #IndustryInsights #ContainerTracking #Sustainability #FreightForwarding #MaritimeInnovation #DigitalTransformation #ShippingTechnology #Trade #MaritimeIndustry #ShippingNews #Maersk #CMACGM #HapagLloyd #Carriers #MSC #GlobalTrade #SeaFreight #Freight #Export #Import #AI #Newsletter #BigData #ArtificialIntelligence #OceanFreight #Ports #Maritimeanalytica

Present and Future of Chittagong Port in Bangladesh.🇧🇩 New Mooring Terminal: The game-changer for Chattogram port https://lnkd.in/gTHuzdbJ Present and Future of Chittagong Port,Bangladesh 🇧🇩

Port congestion and tight capacity easing Singapore is a crucial link in supply chains, the port addressed the congestion by reopening Keppel Terminal reducing waiting time for berthing to 2 days instead of 5 days. This improvement would see fewer vessels omitting the port, leading to more sailings from Singapore. Supply chains have come to terms with the Cape of Good Hope diversions and other issues such as the Panama Canal restriction. The situation is easing, vessels and cargoes should now be flowing more freely. However, time is needed to adjust supply chains, which has been aided by increased vessel numbers and capacity. The global terminals are clearing bottlenecks and ship operators are dampening spot rate due to expanding capacity on transpacific and Asia-Europe services, reported Container News. #shippingindustry