Norwegian shipping company Golden Ocean Group expects that the dry bulk shipping market can absorb 10% of new vessel capacity due to port congestion and demand for coastal trade in China. Although the number of new ship deliveries needs to be reduced by 40% to maintain high charter rates, the market still shows resilience and potential for growth.
SF Express Group has signed a cooperation agreement with Jilin Tonghua International Inland Port to advance pharmaceutical logistics, cold chain delivery, and warehouse management services. The partnership aims to leverage Tonghua's geographical advantages and abundant pharmaceutical resources. Operations are expected to launch within two weeks, contributing to Tonghua's goal of becoming 'China's Pharmaceutical City'.
South Riding Point in the Bahamas is a dedicated oil loading and unloading port equipped with modern facilities and safety guarantees. The inner harbor and island berths provide efficient docking for oil tankers, utilizing mandatory pilotage and radio communication to ensure safe and efficient operations.
This article highlights the importance of modernized ports in ensuring the resilience of the U.S. economic supply chain. It discusses a recent crisis triggered by union strikes and calls for investments in automation and technology to enhance port efficiency, safeguarding national security and competitiveness.
Demurrage fees refer to the charges incurred when cargo remains at the port beyond the final free days, calculated per container, per day, and can accumulate quickly. The Flexport team offers solutions like 'pre-pulling' services to help you reduce costs and improve logistics efficiency.
The Djibouti Port and Free Zone Authority (DPFZA) is committed to becoming a vital platform for global business and logistics, enhancing the investment environment and infrastructure development. The authority actively promotes Djibouti as a hub for international trade, driving business growth and economic expansion.
Maersk has launched two new rail services connecting DP World London Gateway with Hams Hall and iPort Doncaster. This initiative aims to address the growth in port container transport, enhance inland connectivity, and promote a shift from road to rail transport, contributing to sustainable development.
The German logistics industry has shown strong interest in the Belt and Road Initiative. DHL announced three transport routes based on the initiative, enhancing international logistics efficiency. Additionally, the opening of a new distribution center in Leipzig has created numerous job opportunities and attracted foreign investment to the region, highlighting the importance of modern infrastructure.
Hakodate Airport is a modern civil airport located in Hokkaido, Japan, offering a variety of domestic and international flight services. Since its opening in 1961, the airport has undergone continuous upgrades, with the latest terminal completed in 2005. Numerous airlines provide convenient travel services for passengers, ensuring easy access to major cities and the unique attractions of Hokkaido.
Cape Town International Airport is a major aviation hub in South Africa and Africa, having developed significantly since its opening in 1954. It is renowned for its excellent service and has received multiple international awards, including being named 'Best Airport in Africa' in 2014. The airport has also experienced steady growth in passenger traffic over the years.
