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Shipping Aug, 05, 2022 0

BR do Mar: gov’t issues decree allowing companies to enroll in the cabotage program

Seven months after sanctioning the law that established the incentive program for cabotage navigation, known as BR do Mar, the Federal Government issued, on August 3rd, a decree that defines…
Shipping Aug, 04, 2022 0

Lloyd’s to insure Black Sea grain shipments for up to $50M each

London’s insurance industry is gearing up to cover Ukrainian grain and fertilizer shipments via a safe corridor, which could require up to $50 million per insured cargo, said industry sources…
container vessel
Shipping Aug, 04, 2022 0

Liner schedule reliability improves for the first time since the start of the pandemic

For the first time since the start of the pandemic liner schedule reliability has improved on a year-on-year basis, but six out 10 boxes are still arriving at port late…
Shipping Aug, 03, 2022 0

Taiwan turmoil prompts detours and delays for global shipping

China’s announcement of military drills around Taiwan as U.S. House Speaker Nancy Pelosi visits the island is creating ripple effects across global shipping chains, prompting detours and delaying energy shipments. Gas suppliers are…
Maersk
Shipping Aug, 02, 2022 0

What do the results of this shipping giant teach us about freight?

Container shipping giant Moller Maersk raised its earnings forecast for the second time this year after congestion on commercial lanes and ports drove up global freight rates, creating an “exceptional…
Shipping Aug, 02, 2022 0

Yara uses cabotage navigation to ship fertilizers in bulk

The fertilizer giant Yara commenced on August 1st the first shipment of fertilizers in bulk via cabotage shipping in Brazil. From its pier in Rio Grande do Sul, the company…
Shipping Aug, 01, 2022 0

Sea freight Santos-Shanghai rises 400% in two years

The sea freight cost between Santos and Shanghai rose 400% in two years. The hike was one of the main consequences of the covid-19 pandemic on Brazilian logistics, according to…
Shipping Jul, 25, 2022 0

Gov’t to prioritize waterway transportation in Brazil

The BR dos Rios project, which aims to encourage waterway transportation in Brazil, is one of the Federal Government’s priorities for this year. Mário Povia, the national secretary of ports,…
Shipping Jul, 21, 2022 0

Mega containerships may be reaching size limit accommodated by ports

In view of the need to expand cargo handling capacity, the international port scenario is progressively experiencing an unfettered increase in the size of vessels. However, the passage of these…
Shipping Jul, 20, 2022 1

High Brazil-Asia freight costs keeps industry apprehensive

Brazil-Asia maritime freight costs, critical for industrial input supplies, increased again in July. The average monthly price was US$10,550 per 40-foot container (about 12 by 2.5 meters), up 30.2% from…