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Shipping Jun, 03, 2024 0

Egypt and Brazil look to enter the ship recycling sector

New final destinations for ships are opening up with both Egypt and Brazil looking to get into the ship recycling sector. Egypt’s transport ministry has signed a memorandum of understanding…
Shipping May, 31, 2024 0

“Green” Ship with 145,600-Ton Capacity Docks at TCP, Marking a Milestone in Sustainable Maritime Transport

TCP, the operator of the Paranaguá Container Terminal, celebrated a milestone on May 29 with the arrival of the CMA CGM Paraty. This state-of-the-art vessel, launched in 2024 by the…
Shipping May, 31, 2024 0

Panama Canal increases vessel draft ahead of schedule

The Panama Canal has issued an advisory to shipping lines stating that, effective on may 30, it has increased the maximum authorised draft to 13.7 m. This adjustment, originally scheduled…
Shipping May, 29, 2024 0

ANTAQ Unveils Madeira River Concession Project to Investors

The National Waterborne Transport Agency (ANTAQ) presented details of the Madeira River concession project to potential investors on Tuesday, May 28, underscoring its priority status within the agency’s portfolio. The…
Shipping May, 28, 2024 0

Safety and Shipping Review 2024: Maritime Losses Plunge to Record Lows Despite Increased Risks

Maritime security remains critical as oceans transport 90% of global trade goods. Thirty years ago, the global shipping fleet lost around 200 large vessels annually. But these figures have changed…
Shipping May, 27, 2024 0

Surging China Exports Boost Shipping Rates to Latin America

Container shipping rates between China and Latin America have significantly increased due to surging Chinese exports and high demand for cargo space, prompting shippers to add more capacity on the…
Shipping May, 27, 2024 0

Brazilian Bill Seeks to Protect Seafarers’ Vacation Rights

The Chamber of Deputies is currently reviewing Bill 1392/24, which aims to amend the Consolidation of Labor Laws (CLT) to prohibit companies from scheduling vacations for maritime workers during their…
Shipping May, 24, 2024 0

Legislative changes may be needed to the benefit of the port sector, says director of ANTAQ

In a presentation last Tuesday (21), Eduardo Nery, the general director of ANTAQ (National Waterborne Transport Agency), highlighted the potential need for legislative changes to streamline processes and enhance the…
HMM to join the Alliance
Shipping May, 24, 2024 0

HMM’s methanol-powered ships to ply world’s first green shipping route

South Korea is pursuing an ambitious project to launch the world’s first green shipping route. And 9,000 TEU methanol-fueled container ships being built by the country’s flagship carrier HMM is…
Shipping May, 23, 2024 0

Brazilian Government Allocates R$3.44 Billion for Naval and Port Infrastructure Initiatives

The Merchant Marine Fund Board of Directors (CDFMM) has approved financial support totaling R$3.44 billion for 21 naval and port infrastructure projects. Interested companies will be eligible to secure financing…