California and Shanghai proceed with green shipping corridor initiative

Transportation and environmental policy leaders from California state agencies and the ports of Long Beach, Los Angeles, and Shanghai gathered on 12 May to discuss ongoing maritime decarbonization efforts.

The discussions focused on the development of a Green Shipping Corridor between California and Shanghai.

Hosted by the Port of Long Beach, the California-Shanghai Maritime Decarbonization and Green Shipping Corridor High-Level Forum brought together representatives from the California State...

https://container-news.com/california-shanghai-green-shipping-corridor-initiative/

Maersk wins China cargo relay extension

Maersk has won an additional two years for domestic container transshipments between ports in China.

China’s Transport Ministry this week announced an extension of the pilot cabotage program through December 2027.

The program aims to improve domestic export and import container flows between Yangshan port in Shanghai and select ports in northern China. It will also give Maersk (MAERSK-A.CO) more service options in Asia. 

A Maersk spokesperson confirmed the extension in an email to FreightWaves....

https://www.freightwaves.com/news/maersk-wins-china-cargo-relay-extension

Assessing the rise of next-gen supply chain technologies: Port analysis

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Shanghai hits 40 million TEU milestone as volumes grow at Chinese ports

From January to October 2024, Chinese ports handled a total of 276.4 million TEUs, reflecting a 7.6% year-on-year growth.

In October, Shanghai Port recorded a container throughput of 4.15 million TEUs, up by 3.8% compared to the same month last year, while Ningbo Zhoushan Port processed 3.31 million TEUs, marking a 12.9% year-on-year increase. Shenzhen was the third busiest port in China with 2.8 million TEUs in October.

Regarding the year-to-date volumes, Shanghai reached the 40 million TEU...

https://container-news.com/shanghai-hits-40-million-teu-milestone-as-volumes-grow-at-chinese-ports/

India and China in Strategic Contest

The ports of Mundra, Chennai, and Mumbai in India, along with Bangladesh’s Chittagong, China’s Shanghai, Sri Lanka’s Hambantota, and Myanmar’s Kyaukpyu, form critical nodes in the global container shipping network.

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https://container-news.com/india-and-china-in-strategic-contest/

Asia’s Dominance: Box Throughput and Investments at the World’s Busiest Ports

In 2023, the top five ports in terms of container throughput were all located in Asia, underscoring the region’s dominance in the shipping industry. This geographic concentration highlights Asia’s growing influence and strategic importance in the maritime sector.

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https://container-news.com/asias-dominance-box-throughput-and-investments-at-the-worlds-busiest-ports/

How Global Port Cities Drive Trade and Economic Growth

The global hub or nodal port cities are critical to the smooth functioning of global shipping networks and are also becoming competitive powerhouses in the expansive arena of the shipping market.

Currently, over half of the world’s richest cities are port cities, a pattern expected to continue under various future projections. These port cities boast advanced infrastructural capabilities and strategic locations, facilitating most international trade, spurring economic growth, and enhancing...

https://container-news.com/how-global-port-cities-drive-trade-and-economic-growth/