HomeShipping

Shipping

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…
Shipping Jul, 02, 2024 0

CMA CGM adds another LNG-powered containership to its fleet

The 13,000-teu LNG-powered containership, CMA CGM Belem, has joined CMA CGM’s large fleet of LNG-fueled vessels. China’s Hudong-Zhonghua said in a statement it has handed over the LNG-powered containership to…
Shipping Jul, 01, 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, 01, 2024 0

New fuel restrictions for ships in Arctic fall short, green groups say

Ships sailing through Arctic waters will no longer be able to use or carry heavy bunker fuel oil under a United Nations shipping agency regulation which took effect on Monday.…
Shipping Jun, 28, 2024 0

Global freight rises but shows signs of weakness in US

Global manufacturing activity and freight are showing signs of a recovery, after a downturn took hold in the second half of 2022 and lasted for most of 2023, which could…