Import and export volumes grew 3.4% and 8.5%, respectively.In August, the NWSA moved 320,564 TEUs, a 2% increase from August 2018. International imports were down 2.5%, while exports were up 9.6%.
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NWSA: Total YTD container volumes up nearly 6%
The Northwest Seaport Alliance’s total container volumes from January through August 2019 reached 2,562,328 twenty-foot equivalent units (TEUs), a 5.8% increase from the same period last year.
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Hapag-Lloyd Raises Full-Year Earnings OutlookAt the same time, first half 2021 EBIT is expected to be roughly USD 3.5 billion compared to approximately $600 million in the first half of 2020.
More than 600,000 teu impacted from Yantian falloutEstimates suggest more than 600,000 teu has now been affected from the fallout of an outbreak of Covid-19 around Yantian Port in southern China with ports around the world braced for a severe shortage of equipment in the coming weeks, just as the US peak
MSC takes 1,102 teu sister shipsAccording to Alphaliner data, this latest swoop takes MSC’s secondhand buying spree to 49 ships since last August.
Container line schedule reliability at record low for 6th month runningContainer line schedule reliability fell to its lowest level for the sixth consecutive month according to Sea-Intelligence.
The oceans are becoming a large container terminalWe continually read, see and hear news of hundreds of containers fallen into the sea from large containerships with their huge decks full of crumpled teu and feu.
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