Port of Singapore

This port held the top spot on the list until 2010. Still the largest publicly owned seaport, Singapore connects more than 123 countries and 600 ports from its spot on the southern end of the Malay Peninsula.

Port of Tianjin

Tianjin serves as the maritime gateway of Beijing, connecting to multiple waterways via the Grand Canal. Although first used in the first century B.C., the port wasn’t developed until the Tang Dynasty’s reign in seventh century A.D.

COVID-induced inflations projected to continue in 2022

The report alerted, “Delays are likely to continue well into 2022 as COVID breakouts continue throughout supply chains and consumers continue to buy at a healthy rate.” It added the pandemic has a continual impact on global trade given shipping rates skyrocketed, and congestions plus delays have become a

China to Build World’s Largest LNG Dual-Fuel Car Carriers

China State Shipbuilding Corporation received an order to build two of the world’s largest dual-fuel car carriers. Designed and developed by the Shanghai Ship Research and Design Institute, they report that the vessels will be versatile, incorporating new technologies and designs to maximize efficiency and meet future environmental considerations.

Suez Canal Authority Reports Record $6.3B in Revenues in 2021

The Suez Canal Authority reported record results for the number of transits of ships and revenues in 2021 saying that the operations were exceeding the overall growth rate for the shipping industry. Citing the success of its marketing and flexible approach to working with the industry, the SCA said