HomeShipping

Shipping

Economy Oct, 28, 2024 0

High freight rates strain global supply chains, threaten vulnerable economies

Global shipping costs surged in the first half of 2024, driven by unprecedented disruptions in major maritime routes and rising operational costs. The strain on supply chains and economies is…
Shipping Oct, 25, 2024 0

Hapag-Lloyd raises outlook on stronger-than-expected demand

International shipping company Hapag-Lloyd raised its full-year earnings guidance on Thursday (Oct 24) citing stronger-than-expected demand and higher freight rates. Despite increased expenses from the diversion of vessels around the…
Maersk container
Shipping Oct, 22, 2024 0

Maersk applies reefer surcharge from Chile and Peru to Asia

Danish ocean carrier Maersk has announced the introduction of a new peak season surcharge (PSS) from Chile and Peru to Asia. The surcharge of US$1,000 per container will be applicable…
Photo available at https://www.vesselfinder.com/ship-photos/679986
Shipping Oct, 21, 2024 0

Houthis execute drone assault on Maersk-chartered vessel

A Maersk-chartered container ship has been reportedly attacked by Houthis in the Arabian Sea, as the Iran-backed Yemeni rebel group continues targeting vessels in response to the Gaza War. Houthi…
Economy Oct, 18, 2024 0

Paraguay’s Economic Strain as River Water Levels Plummet

The historic drop in the water levels of the Paraguay River threatens to disrupt Paraguay’s economy, increasing transportation costs and driving up the prices of essential goods. As warnings grow,…
Shipping Oct, 18, 2024 0

Freight rates will stay high next year – no respite for shippers, predicts Drewry

Some three million teu of new tonnage arriving next year will most likely be “more than offset” by further market disruption, ensuring no respite for embattled shippers, according to Drewry.…
Ports and Terminals Oct, 17, 2024 0

Bulk Carrier That Struck Rio-Niterói Bridge Departs for Turkey After Two Years

The bulk carrier São Luiz departed from the Port of Rio de Janeiro on Sunday morning (13) after nearly two years anchored in Guanabara Bay. The operation, which took about…
Shipping Oct, 16, 2024 0

USAID provides funding to fight maritime corruption in major ports

The Maritime Anti-Corruption Network (MACN) has received two-year project funding from the US government’s development agency USAID to help in the fight against transnational maritime sector corruption. These funds are…
Shipping Oct, 15, 2024 0

Maersk Tango Service Undergoes Rotation Change to Address Delays

A.P. Moller–Maersk’s Tango service has been significantly affected by port congestion in ECSA and the ILA strike. Consequently, the average number of delays has increased to between 8 and 11…
Fonte: André Coelho / Instituto Mamirauá
Shipping Oct, 14, 2024 0

Amazon River shipping halt may last until January

The suspension of cargo shipping on the Amazon River is expected to continue at least until the end of this year, according to companies operating in the region. For about…