THE Port of Los Angeles posted another monthly record in March with volume up 14

CONTAINER volumes through Virginia Ports increased 4.6 per cent year on year to 210,177 TEU in April, reports the Virginian-Pilot.

CONTAINER throughput at leading container ports in the Yangtze River Delta region grew nine per cent year on year in April on the back of China's solid economic growth. However, the additional volume clogged up Shanghai's Yangshan deepwater port and caused vessel delays.

CHINA Cosco Holdings Co, the country's biggest shipping line, has filed a first half profit warning to the Shanghai Stock Exchange while also predicting an 85 per cent narrower loss of CNY4.87 billion (US$794 million).