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Shipping Nov, 28, 2022 0

France’s CMA CGM sees profits ebbing as shipping boom fades

CMA CGM said it expects a pullback in shipping markets to accelerate in the fourth quarter due to high energy prices and flagging consumer spending, and this will reduce its…
Shipping Nov, 28, 2022 0

Box rates could deteriorate to pre-Covid levels in December

Further slides in the Shanghai Containerized Freight Index (SCFI) are continuing, and it is expected that in December, freight levels will be at pre-pandemic levels. On 18 November, SCFI stood…
Shipping Nov, 25, 2022 0

Hidrovias do Brasil (HBSA) to operate largest convoy in the country

Hidrovias do Brasil (HBSA) will operate Brazil’s largest convoy, consisting of 35 barges with a transport capacity of up to 70,000 tonnes, each 346 meters long and 75 meters wide.…
Shipping Nov, 23, 2022 0

Νew IMO regulations to support container freight market recovery

The limited increase in ship supply driven by the new International Maritime Organization (IMO) regulations is expected to contribute to the recovery of the shipping freight market in the medium…
Other Logistics Nov, 22, 2022 0

project44: blank sailings rise as new threat to global container transport

The global container market continues to experience a drop in demand influenced by increasing retailers’ stocks. Such a scenario discloses a change in strategy in the supply chain from “just…
Shipping Nov, 22, 2022 0

China adds over 100 new container shipping routes

China’s major sea ports are opening up more than 100 new container shipping routes this year, providing solid support for the stability of supply chains as well as bolstering China’s…
Ports and Terminals Nov, 17, 2022 0

Brazil health regulatory agency grants shore leave to freighter crews

Crew members working on freighters are now authorized to leave the vessels again and head to the shore at the Port of Santos thanks to a decision of the Brazilian…
Shipping Nov, 16, 2022 0

Authorities knew about risks posed by ship that crashed with bridge in Rio de Janeiro

The accident with the ship that hit the bridge connecting Rio de Janeiro to the neighboring city Niteroi on the evening of Monday, November 14, called attention to the issue…
Shipping Nov, 16, 2022 0

Wilson Sons invests in Brazilian startup that developed ‘dynamic draft’ technology

Wilson Sons acquired a minority stake in Argonáutica Engenharia e Pesquisas. This 100% Brazilian startup gained recognition for its ReDraft technology (a system that calculates the dynamic under keel clearance…
Shipping Nov, 14, 2022 0

Rates for ex-Asian cargo into East Coast South America drop more than 50%

The latest Platts Americas Container Freight Commentary, released on Monday by S&P Global, indicates that ex-Asian cargo bound for the East Coast of South America saw the greatest decline on…