HomeShipping

Shipping

Paraguay River
Shipping Jan, 04, 2023 0

Paraguay River downspout nearing record lows

Paraguayan shipping companies and authorities expressed their concern on Jan 03 after the downspout at the Paraguay River nears its third consecutive all-time low. With current levels matching those of…
Shipping Jan, 02, 2023 0

What to expect in 2023 – 4 key trends in freight forwarding

After almost three years of unprecedented supply chain disruptions, 2023 will bring its own unique set of challenges and opportunities. The effects of the COVID-19 pandemic, the rising cost of…
Shipping Dec, 30, 2022 0

Ocean freight goes from peak to trough in 2022

If ocean freight rates have been falling week after week in recent months, with the PCR31 rates, which follow the lane from North Asia to the East Coast of South…
Shipping Dec, 30, 2022 0

Euroseas joins boxship scrapping trend

Greek tonnage provider Euroseas has sold a 2001-built Panamax boxship for scrapping, joining Evergreen Marine Corporation and Shreyas Shipping & Logistics, which offloaded ships for demolition earlier this month. Singapore-based Star…
Shipping Dec, 30, 2022 0

Ukraine says Russia delaying inspections of ships

According to Ukraine’s Infrastructure Ministry, a total of 99 vessels have been waiting for inspection in the Bosphorus Strait for over a month. Seventy-two were headed west to be loaded…
Shipping Dec, 29, 2022 0

Ship insurers to cancel war cover for Russia, Ukraine from Jan. 1

Ship insurers said they are cancelling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the face of steep losses. P&I (protection…
cargo freight in China
Shipping Dec, 26, 2022 0

Shipping hit by soaring cases of covid in China

Ships are backing up along the coastline of China as soaring cases of covid take out port staff. With the country easing its strict zero-covid policies this month, hundreds of…
Other Logistics Dec, 23, 2022 0

Log-In buys Grupo Oliva Pinto for BRL 100 million

Log-In announced on December 23 that it bought Grupo Oliva Pinto for R$100 million. According to the company, R$ 25 million will be paid in cash, and the remainder will…
Shipping Dec, 22, 2022 0

Sea-Intelligence sees deployed capacity remain high during CNY 2023

Chinese New Year (CNY) sees a production slowdown in Asia while the major shipping lines announce blank sailings in order to bring supply in line with demand. According to Sea-Intelligence,…
Ports and Terminals Dec, 21, 2022 0

Brazilian port sector celebrates 8.6% growth in October

The Brazilian port sector celebrated an 8.6% movement growth in October year-on-year. In total, Brazilian public ports had a throughput of almost 105.2 million tonnes, up 18.3%. Private terminals also…