dPiraeus reported that in June it experienced a decrease of 10.1% in containers handled, contributing to a broader 12.9% downturn for the first half of the year. The decline at Piraeus is mainly caused by challenges in global shipping routes through the Red Sea, where Houthi rebel attacks have redirected major shipping companies to circumvent the Red Sea and Suez Canal on routes from Asia to Europe, opting instead for the longer journey around Africa. This has resulted in lines dropping calls at Med ports.
Source - https://www.seatrade-maritime.com/ports/red-sea-crisis-hits-volumes-port-piraeusPreparations are gathering pace for the TMS Awards 2024, which will be held at the Atlantis, The Palm, on Wednesday November 6th. This is the most prestigious event of its kind on the shipping industry calendar and there are around 25 different categories that will be presented with an award on the night, following the deliberations of an elite judging panel. These Awards are the 11th in the successful series organised by The Maritime Standard and are set to be the biggest and best yet. However, time is running out for those wishing to nominate as the deadline is August 1st, just two weeks away. Companies can nominate for as many categories as they wish and can submit independent testimonials as well as the entry form. But it is important to act now, to avoid missing out.
Source - https://www.themaritimestandard.com/hapag-lloyd-red-sea-service-enhances-connectivity/Shippers between the Eastern Mediterranean and the Red Sea will benefit from a new service being launched by Hapag Lloyd on June 15th. The Türkiye Red Sea Express (TRE) will connect Istanbul, Izmir, Aliaga, Jeddah and Aqaba in a round loop service back to Istanbul. The TRE service will be a fixed day weekly and will be maintained by a fleet of vessels with capacities up to 1130TEU. The Saudi Ports Authority (Mawani) has welcomed the start of the TRE service which it believes will further strengthen Jeddah’s position as a transport hub. Ports overseen by Mawani achieved an 8.09% increase in tonnage during May 2024, reaching 27.63 million tons compared to 25. 56 million tons in the same month of 2023. Exported containers saw a 13.61% increase, to 255,297 TEU, while the number of imported containers was up by 5.30%, to 260,065 TEU. Overall, though, the total container volume of 647,839 TEU handled by Mawani last month represented a 10% decrease compared to May 2023. This was the result of a 46% drop, in transhipment activity, to 132,477 TEU, which can be primarily attributed to the political situation impacting Red Sea traffic.
Source - https://www.themaritimestandard.com/hapag-lloyd-red-sea-service-enhances-connectivity/Shippers between the Eastern Mediterranean and the Red Sea will benefit from a new service being launched by Hapag Lloyd on June 15th. The Türkiye Red Sea Express (TRE) will connect Istanbul, Izmir, Aliaga, Jeddah and Aqaba in a round loop service back to Istanbul. The TRE service will be a fixed day weekly and will be maintained by a fleet of vessels with capacities up to 1130TEU. The Saudi Ports Authority (Mawani) has welcomed the start of the TRE service which it believes will further strengthen Jeddah’s position as a transport hub. Ports overseen by Mawani achieved an 8.09% increase in tonnage during May 2024, reaching 27.63 million tons compared to 25. 56 million tons in the same month of 2023. Exported containers saw a 13.61% increase, to 255,297 TEU, while the number of imported containers was up by 5.30%, to 260,065 TEU. Overall, though, the total container volume of 647,839 TEU handled by Mawani last month represented a 10% decrease compared to May 2023. This was the result of a 46% drop, in transhipment activity, to 132,477 TEU, which can be primarily attributed to the political situation impacting Red Sea traffic.
Source - https://www.themaritimestandard.com/hapag-lloyd-red-sea-service-enhances-connectivity/Shippers between the Eastern Mediterranean and the Red Sea will benefit from a new service being launched by Hapag Lloyd on June 15th. The Türkiye Red Sea Express (TRE) will connect Istanbul, Izmir, Aliaga, Jeddah and Aqaba in a round loop service back to Istanbul. The TRE service will be a fixed day weekly and will be maintained by a fleet of vessels with capacities up to 1130TEU. The Saudi Ports Authority (Mawani) has welcomed the start of the TRE service which it believes will further strengthen Jeddah’s position as a transport hub. Ports overseen by Mawani achieved an 8.09% increase in tonnage during May 2024, reaching 27.63 million tons compared to 25. 56 million tons in the same month of 2023. Exported containers saw a 13.61% increase, to 255,297 TEU, while the number of imported containers was up by 5.30%, to 260,065 TEU. Overall, though, the total container volume of 647,839 TEU handled by Mawani last month represented a 10% decrease compared to May 2023. This was the result of a 46% drop, in transhipment activity, to 132,477 TEU, which can be primarily attributed to the political situation impacting Red Sea traffic.
Source - https://www.themaritimestandard.com/hapag-lloyd-red-sea-service-enhances-connectivity/Shippers between the Eastern Mediterranean and the Red Sea will benefit from a new service being launched by Hapag Lloyd on June 15th. The Türkiye Red Sea Express (TRE) will connect Istanbul, Izmir, Aliaga, Jeddah and Aqaba in a round loop service back to Istanbul. The TRE service will be a fixed day weekly and will be maintained by a fleet of vessels with capacities up to 1130TEU. The Saudi Ports Authority (Mawani) has welcomed the start of the TRE service which it believes will further strengthen Jeddah’s position as a transport hub. Ports overseen by Mawani achieved an 8.09% increase in tonnage during May 2024, reaching 27.63 million tons compared to 25. 56 million tons in the same month of 2023. Exported containers saw a 13.61% increase, to 255,297 TEU, while the number of imported containers was up by 5.30%, to 260,065 TEU. Overall, though, the total container volume of 647,839 TEU handled by Mawani last month represented a 10% decrease compared to May 2023. This was the result of a 46% drop, in transhipment activity, to 132,477 TEU, which can be primarily attributed to the political situation impacting Red Sea traffic.
Source - https://www.themaritimestandard.com/hapag-lloyd-red-sea-service-enhances-connectivity/Shippers between the Eastern Mediterranean and the Red Sea will benefit from a new service being launched by Hapag Lloyd on June 15th. The Türkiye Red Sea Express (TRE) will connect Istanbul, Izmir, Aliaga, Jeddah and Aqaba in a round loop service back to Istanbul. The TRE service will be a fixed day weekly and will be maintained by a fleet of vessels with capacities up to 1130TEU. The Saudi Ports Authority (Mawani) has welcomed the start of the TRE service which it believes will further strengthen Jeddah’s position as a transport hub. Ports overseen by Mawani achieved an 8.09% increase in tonnage during May 2024, reaching 27.63 million tons compared to 25. 56 million tons in the same month of 2023. Exported containers saw a 13.61% increase, to 255,297 TEU, while the number of imported containers was up by 5.30%, to 260,065 TEU. Overall, though, the total container volume of 647,839 TEU handled by Mawani last month represented a 10% decrease compared to May 2023. This was the result of a 46% drop, in transhipment activity, to 132,477 TEU, which can be primarily attributed to the political situation impacting Red Sea traffic.
Source - https://www.themaritimestandard.com/hapag-lloyd-red-sea-service-enhances-connectivity/