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Shipping Feb, 23, 2024 0

Panama Canal’s Revenue Up 14.9% in 2023 Despite Lower Cargo

In 2023, the Panama Canal’s revenue increased by 14.9% to $4.968 billion despite handling less cargo, with only 511.1 million PC/UMS tons moved. Officials shared this news on Thursday. The…
Shipping Feb, 22, 2024 0

Maersk applies new PSS from Far East to East Coast South America

Maersk is adjusting Peak Season Surcharge (PSS) rates for selected routes effective March 1 to 31 March 2024, to ensure continued global service provision. The changes in the peak season…
Shipping Feb, 20, 2024 0

FT: Container lines ‘struggling’ with port congestion and ship shortages

Container shipping lines are struggling to cope with congested ports and shortages of ships as the crisis in the Red Sea drags into a third month, one of the sector’s…
Shipping Feb, 20, 2024 0

Authorities fail to refloat ore vessel in Maranhão

Two attempts to refloat the ship Forte São Felipe failed on Sunday (02/18) in Maranhão. The vessel, carrying 23,000 tonnes of bauxite, ran aground in the Estreito dos Coqueiros navigation…
Shipping Feb, 20, 2024 0

Log-In’s SEA Cabotage Service Makes Inaugural Call at TCP

In January 2024, the Amazon Express Service (SEA) expanded its operations to include weekly stops at the Paranaguá Container Terminal (TCP), adding to its portfolio of coastal shipping routes. This…
Shipping Feb, 16, 2024 0

Brazil’s Antaq celebrates 4 thousand inspections feat

The National Waterway Transportation Agency (ANTAQ) conducted 4,431 inspections, a significant increase compared to the 3,037 inspections carried out in 2018. The data were disclosed during the presentation of the…
Shipping Feb, 15, 2024 0

CMA CGM receives first container ship in a series with unique design

The CMA CGM Group has announced the delivery of the pioneering CMA CGM Mermaid, the inaugural vessel in a series of 10 cutting-edge 2,000 TEU container ships propelled by Liquefied…
Shipping Feb, 15, 2024 0

China’s export container shipping price index soars in January

China’s export container shipping price index jumped 36.2 percent month on month in January 2024, data from the Shanghai Shipping Exchange showed. The average China Containerized Freight Index (CCFI) stood…
Shipping Feb, 14, 2024 0

Wilson Sons Completes Yet Another Norsul Ship Docking at Guarujá Shipyard

Wilson Sons completed the docking of the Norsul 9 Barge, owned by Norsul, at its shipyards in Guarujá, located at the Port of Santos, in February. This marks the third…
Shipping Feb, 09, 2024 0

New cabotage company starts operations in Amazonas port

Norcoast’s entry into Brazil’s cabotage market has sparked excitement among business leaders and union authorities at the Federation of Commerce of Goods, Services, and Tourism of Amazonas (Fecomércio AM). Operations…