Port News

Jump in US containerized imports from Asia to extend port congestion: Demand for Chinese imports likely to put pressure on container rates

Containerized imports to the US from Asia jumped by 28.6 percent year over year in February 2021 according to the latest data from PIERS by IHS Markit. This is the seventh consecutive monthly double-digit rise with over 1,347000 TEU (twenty-foot equiva…

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Digitalizing the maritime sector set to boost the competitiveness and resilience of global trade

A new report launched today by the World Bank and the International Association of Ports and Harbors (IAPH) shows that better digital collaboration between private and public entities across the maritime supply chain will result in significant efficien…

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