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Shipping Aug, 12, 2021 0

Ship sailing under Panama flag runs aground in northern Japan, splits in two

A Panamanian-registered ship ran aground in a northern Japan harbour, then split in two and was leaking oil, but there were no injuries among the 21 crew and the oil…
Shipping Aug, 11, 2021 0

CMA CGM applies new reefer surcharges worldwide

The French shipping company CMA CGM has published new rate increases for reefer containers across the world. Firstly, CMA CGM has already set a Port Congestion Surcharge (PCS) of US$1,000…
Ports and Terminals Aug, 11, 2021 0

Ningbo Terminal Closure Could Spark New Congestion Crisis

One of Ningbo’s container terminals has closed due to a positive Covid test, sparking fears of a Yantian-style nightmare for cargo owners. According to Chinese media, a port worker at…
Shipping Aug, 10, 2021 0

World’s largest container ship sails to Yantian on maiden voyage

After a stopover at the Port of Taipei, Taiwan, the largest container ship in the world – the Ever Ace – is headed to the Port of Yantian, China. The…
Shipping Aug, 09, 2021 0

Container equipment prices double in the space of 12 months

Prices of dry freight shipping containers have doubled over the past year to reach historic highs but will moderate over the next few years, according to Drewry’s recently published Container…
Shipping Aug, 09, 2021 0

Paraná River drought affects Argentine exports

The Paraná River is the main Argentine trade route. About 80% of the country’s agricultural exports flow through its waters towards the Atlantic Ocean. So when the river reached its…
Shipping Aug, 09, 2021 0

Maersk changes ASAS service scale

Maersk has communicated to its customers that beginning September 2021, its ASAS service, which operates between Asia and the East Coast of South America, will no longer stop at the…
Shipping Aug, 08, 2021 0

A.P. Moller – Maersk reports record earnings and continued growth momentum in logistics in Q2

In the second quarter of 2021, A.P. Moller – Maersk continued to deliver strong growth and profitability, with record-breaking performance marking the 12th quarter of successive year-on-year earnings progress. Revenue…
sugar / açúcar
Sugar and Ethanol Aug, 04, 2021 0

BP Bunge Bioenergia: High freight prices affecting sugar trade

The high price of transoceanic freight has led sugar consumers around the world to buy less and instead use up their inventories, causing a temporary oversupply of the sweetener in…
containers
Shipping Aug, 03, 2021 0

Hapag-Lloyd Publishes Semi-Annual Preliminary Data and Enhances 2021 Earnings Outlook

Based on preliminary figures, Hapag-Lloyd expects an EBITDA of approximately US$4.2 billion (approximately EUR 3.5 billion) for the first half of 2021 compared to approximately US$1.3 billion (approximately EUR 1.2…