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Blog And Company Updates
Jane Doe
11 Jan 2022 | 5 min read
Trending Topics and Expert Insights
Warfare in the Red Sea disrupts global trade
As the conflict in the Middle East simmers on, companies are increasingly avoiding the Red Sea trade route.
ICTSI Manila receives next-generation cranes
International Container Terminal Services, Inc. (ICTSI) has significantly upgraded its ability to handle foreign ultra-container vessels with the recent arrival of three new quay cranes at its flagship Manila International Container Terminal (MICT). Manufactured by Shanghai Zhenhua Heavy Industry Co. Ltd. (ZPMC), the arrivals include two Panamax with a reach of 18 rows across for Berths 3 and 4, and one post-Panamax with a reach of 20 rows across to be deployed at Berth 7. The new cranes expand MICT's fleet to 18 quay cranes - the largest in the Philippines - and will be put into operation after commissioning, enabling yet faster turnaround times at the country's premiere international trade gateway.
Baltimore port, key East Coast maritime lane, is set to reopen following bridge collapse
Less than three months after the main spans of the Francis Scott Key Bridge became a mangled wreck in the Patapsco River, they are now almost entirely gone. And so the 700-foot wide full shipping channel is scheduled to reopen June 10 outside Baltimore.
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