HomeShipping

Shipping

Shipping Jul, 15, 2024 0

Two vessels report being attacked off Yemen, UKMTO says

Two vessels came under attack on Monday (July 15) in the Red Sea off Yemen’s port city of Hodeidah, with one ship reporting it had sustained some damage, Britain’s maritime…
Shipping Jul, 12, 2024 0

Brazil set to become sustainable ship recycling hub

With the country’s extensive coastline and robust maritime industry, many existing facilities, primarily engaged in shipbuilding and repair, have the potential to expand into ship recycling, according to the NGO.…
Shipping Jul, 12, 2024 0

Rising shipping costs hit global trade hard – DW

The significance of the Red Sea shipping route for global trade is enormous. But for over six months now, Houthi militias from Yemen have been attacking ships in the region…
Other Logistics Jul, 11, 2024 0

Svitzer invests in three new tugboats in brazil to support growth

Svitzer, a leading global towage provider, has announced the signing of a contract with Shipyard Rio Maguari for the construction of three new tugboats. This significant investment underlines Svitzer’s continuous…
Shipping Jul, 11, 2024 0

Panama Canal expects new water reservoir for ship crossings in 6 years

The Panama Canal expects to complete a billion-dollar construction of a new water reservoir within six years that will help ensure the passage of 36 ships a day, the administrator…
Shipping Jul, 05, 2024 0

Box rates now four times higher than pre-pandemic

Container freight rates continue to trend upwards with Q3 looking like it will be one of the most profitable quarters in liner history with July generate rate increases appearing to…
Shipping Jul, 04, 2024 0

Lack of seafarers challenges cabotage, quality of port service throughout Brazil

The insufficient number of Merchant Marine officers, known as seafarers, will significantly impact Brazilian shipping by 2030, leading to a deficit of professionals ranging between 2,000 and 4,000. This conclusion…
Shipping Jul, 03, 2024 0

FT: Chinese exporters raise fears of Christmas freight crisis

At southern Chinese Christmas tree maker Golden Arts Gifts & Decor, the mood is anything but festive. With freight costs rising due to attacks on Red Sea shipping by Yemen’s…
Shipping Jul, 03, 2024 0

MSC’s market share now at 20% as fleet nears 6 million TEUs

MSC now has a market share of 20%, as its aggressive newbuilding drive and ship purchases placed the largest liner operator’s fleet at just under 6 million TEUs. Alphaliner’s report…
Other Logistics Jul, 03, 2024 0

Maersk pulls out of bidding for Germany’s DB Schenker, shares spike

Danish shipping group Maersk said on Monday (July 1) that it is no longer interested in buying DB Schenker as integrating the logistics firm would pose too many challenges. German…