HomeShipping

Shipping

Shipping Jul, 07, 2023 0

Brazilian ports move more than 113 mt of cargo in May 2023

Cargo movement through Brazilian ports exceeded the 113.2 million mark in May 2023, according to the country’s National Waterway Transportation Agency (Antaq)’s statistical service. The 10.43% growth from May 2022…
Shipping Jul, 07, 2023 0

Shipping emissions levy delayed but goals for greenhouse gas cuts agreed

Attempts to impose a levy on greenhouse gas emissions from international shipping, in order to fund climate action, have been delayed but not extinguished at the conclusion of talks among…
Shipping Jul, 06, 2023 0

MSC builds 1 million TEU lead over Maersk

Mediterranean Shipping Company (MSC) has extended its capacity lead over Maersk Line, 1.5 years after surpassing its Danish rival as the largest liner operator. Following aggressive newbuilding orders, long-term vessel…
Shipping Jul, 05, 2023 0

Cosco Shipping Shares Jump Despite Profit Warning

Cosco Shipping Holdings shares jumped in Hong Kong as investors shrugged off the company’s profit warning and welcomed analysts’ optimism about the stock’s attractive valuations. The stock rose as much…
Shipping Jul, 05, 2023 0

Shipping industry faces appeals for global levy as it sets net-zero target

Antonio Guterres led calls on the worldwide shipping industry to step up to the climate challenge by not only adopting a 2050 net-zero target but agreeing on a global levy…
Environment Jul, 03, 2023 0

IMO on brink of ‘historic failure’ as crunch green talks get underway

Global maritime environment policy is set to be revised at the forthcoming Marine Environment Protection Committee (MEPC) set of meetings at the headquarters of the International Maritime Organization (IMO) in…
Shipping Jun, 30, 2023 0

Maritime freight costs drop 50% from 2022

Nearly two years of the pandemic have brought significant changes to the international maritime freight industry and related costs. During the crisis’s peak, the freight cost per container skyrocketed to…
Shipping Jun, 29, 2023 0

City in Bahia issues notice to Transpetro in oil spill investigation around maritime terminal

The city government of Madre de Deus, in the Metropolitan Region of Salvador, has issued a legal notice to Transpetro and Acelen, the companies responsible for fuel supply in the…
Shipping Jun, 29, 2023 0

Mercosur countries challenge Argentina toll rate on the Paraná-Paraguay Waterway

Delegations from Paraguay, Bolivia, Brazil, and Uruguay recently convened a meeting to challenge Argentina’s imposition of a toll fee on the Paraná-Paraguay Waterway. The neighboring countries argued that the evidence…
Shipping Jun, 29, 2023 0

Wilson Sons celebrates over 500 maneuvers with sustainable tug

Wilson Sons completed the first year of operations with tug WS Centaurus, which uses more environmentally-friendly technology. The WS Centaurus has gone through over 500 maneuvers, providing support for berthing…