Transolve Global

07 Dec WA State Government announces $273 million port project

Posted at 13:16h in Australia, Australian Infrastructure Programs, Australian Ports, Ports by susan pop 0 Comments

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The premier of Western Australia has announced a $273 million investment that will advance the Westport project into its planning phase, marking a major milestone for its development. This announcement coincides with the release of the Westport Business Case Summary, which recommends relocating container trade to...

30 Sep Freight rates starting to trend down on particular trades

Posted at 09:28h in Freight Forwarding, Freight Rates, Ocean Freight, Ports by susan pop 0 Comments

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Recent data indicates a downward trend in freight rates around the globe, with prices taking a steady tumble ahead of what is traditionally the commencement of the peak trading period. Here we take a closer look at the various geographical regions: Asia-Europe An early peak season that...

30 Sep Capacity record broken at Panama Canal

Posted at 09:27h in Panama Canal, Ports by susan pop 0 Comments

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The containership  MSC Marie has broken a record at the Panama Canal, becoming the largest vessel by TEU capacity ever to transit the waterway. The MSC Marie is 366 metres long, 51 metres wide and has a maximum capacity of 17,640 TEU and its arrival not only highlights...

30 Sep Night movements permitted at Pasir Panjang

Posted at 09:24h in Global Port Update, Global Trade, Ports, Singapore, Supply Chain by susan pop 0 Comments

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The Maritime & Port Authority of Singapore (MPA) has announced that night movements of line-towed container barges will be allowed to and from the Pasir Panjang Terminal. This initiative aims to enhance connectivity with regional ports, as well as improve port efficiency, reduce the time...

30 Sep First signs of a deal emerge in long-running German port dispute

Posted at 09:23h in Port Disruptions, Ports by susan pop 0 Comments

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Germany's United Services Union (ver.di) has recommended its members accept the latest offer from port employers in a long-running wage dispute that has regularly disrupted port operations at Hamburg, Bremen, Bremerhaven, Wilhelmshaven, Emden and Brake. A final decision regarding the acceptance of the offer will be...

05 Aug Florida International Terminal renews Port Everglades lease for another decade

Posted at 12:16h in Ports, USA by susan pop 0 Comments

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Florida International Terminal (FIT) has successfully renewed its lease agreement at Port Everglades for another 10 years, following authorisation by the Broward Country Commissioners and the local Port Authority. This extended tenure will see FIT invest $25m  into the container terminal over the next 24 months,...

05 Aug Hugh K. Leatherman Marine Terminal to re-open

Posted at 12:09h in Ports, USA by susan pop 0 Comments

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A settlement has been reached between South Carolina Ports Authority (SC Ports) and the International Longshoremen's Association (ILA) that will see The Port of Charleston's Hugh K. Leatherman marine terminal finally re-open. The agreement reached gives Leatherman's crane operators a choice to remain state employees or...

05 Aug Port congestion shifts to India

Posted at 11:46h in Freight Forwarding, Global Port Update, Global Trade, India, Logistics, Ports, Shipping by susan pop 0 Comments

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Whilst vessel delays are lessening across key gateways such as Singapore, Ningbo, Qingdao and Klang in North and Southeast Asia, and equipment availability improves in China, it appears the converse is occurring across India. At Singapore there has been a slight improvement in wait times of...

15 May Global Terminal and Port Update

Posted at 20:08h in Global Port Update, Global Trade, Ports by susan pop 0 Comments

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Terminals across the globe appear to be operating in a timely manner, with only minor delays being experienced. North East Asia: Qingdao has a minimal one-day delay, whilst both Ningbo and Shanghai have a delay of one to 1.5 days. South East Asia: Singapore is...

15 May Australia and New Zealand Terminal and Port Update

Posted at 20:05h in Australia, Australian Exports, Australian Imports, Australian Ports, New Zealand, New Zealand Ports, Ports by susan pop 0 Comments

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Terminals across Australia are operating in adherence to schedules, with only minor delays being experienced in certain locations: Patrick Terminals are experiencing minimal delays of 0.5 days in Brisbane and Melbourne, with an average one-day delay in Sydney and two days in Melbourne. DP World...