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- Industry Information - © Gualberto BecerraBy Charlie Bartlett, technology editorOOCL Utah’s near-collision on Sunday with a Panama Canal lock gate suggests a tragic and costly accident is waiting to happen, say experts.V...
2023-03-14
Wes AmelieBy Mike WackettHaving lost significant business as a consequence of the Russian invasion of Ukraine, commercial feeder operators in North Europe face reduced transhipment demand, together...
2023-03-10
Port Elizabeth © Wirestock Dreamstime.comBy Alex LennaneSouth Africa is set to see a shift from air freight as importers and exporters eye tumbling sea freight rates and improved ocean reliability....
2023-03-03
OOCL Spain. Credit OOCLBy Mike Wackett 22/02/2023The timing couldn’t be worse: with consumer demand lethargic and inventory stocks stubbornly high, ocean carriers are preparing to receive an armada...
2023-02-23
By Bangladesh correspondent 16/02/2023Foreign containerships calling at Chittagong are facing long delays before they can load containers at the port.Under the Bangladesh Flag Vessels Protection A...
2023-02-17
Mersin International Port. Credit MIPData analytics company Russell Group estimates the Iskenderun Port closure, following the devastating earthquakes in the region, could cost it around $679m by t...
2023-02-10
Port of Los AngelesBy Mike Wackett Ocean carriers are pulling capacity from Chinese export routes and redeploying the ships to more robust tradelanes with growth potential.Moreover, the weakness in...
2023-02-02
© Mr.siwabud VeerapaisarnBy Mike Wackett13/01/2023Ocean carriers do not expect consumer demand in North Europe to recover until at least March, when they hope container freight rates from Asia will...
2023-01-16
© Mr.siwabud VeerapaisarnBy Mike Wackett 10/01/2023Having lost about 80% of their daily hire rate values last year, the containership charter market has now stabilised – but the outlook for the sec...
2023-01-11
By Nick Savvides 04/01/2023Conventional reefer ships that played a critical role in shipping perishables during the pandemic could be forced into retirement by new International Maritime Organizati...
2023-01-06
Fifteen months after ordering the first of its new 16,200 TEU containerships, which Maersk says will usher in a new era in ocean shipping, work began for the construction of the first of the ships....
2022-12-30
Egypt is looking for outside investors for the Suez Canal, but without giving up control over its operations, according to the Suez Canal Authority (SCA). In February, SCA head Osama Rabie announce...
2022-12-23
Recent trends for softer cargo volumes at the Southern California ports continued in November. Both the ports of Los Angeles and Long Beach, however, believe that it is a temporary slowdown partial...
2022-12-16
The maritime industry must take immediate collective action on an unprecedented scale to bring the decarbonization of the industry on track with the trajectory set for decarbonization by the Paris ...
2022-12-09
PortMiami, while best known as the cruise capital of the world, is also continuing to enhance its cargo operations. Last week, on November 17, the CMA CGM Osiris (156,000 dwt) became the largest co...
2022-11-25
Efforts are beginning to experience with different forms of hydrogen as a power source for vessels including early tests aboard cruise ships and offshore supply vessels and joining the process will...
2022-11-18
TT Club continues to raise the alarm about the unresolved hazards of cargo fires, a perennial problem in container shipping. The club estimates that a serious box fire happens every 60 days, as ill...
2022-11-11
Mediterranean Shipping Company (MSC) has become the latest major carrier to advise customers of the potential financial costs that it expects to pass on related to the potential expansion of the Eu...
2022-11-04
Offshore wind developer Orsted wants to zero out the biodiversity impact of its installations by 2030, and it is partnering with the World Wildlife Fund to look for ways to do it - starting with ec...
2022-10-28
Eastern Shipbuilding Group has cut steel for the future USCGC Rush, the final Offshore Patrol Cutter in its four-ship series for the U.S. Coast Guard. “USCGC Rush is part of a class of ships that b...
2022-10-21
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