October 28, 2024
March 21, 2026
October 28, 2024
Carbon emissions in ocean container shipping hits record high
OSLO : The ongoing impact of conflict in the Red Sea, spiraling freight rates and congestion across global ocean container supply chains resulted in record high carbon emissions in Q3. The Xeneta and Marine
October 28, 2024
High freight rates strain global supply chains, threaten vulnerable economies : UNCTAD
GENEVA : Global shipping costs surged in the first half of 2024, driven by unprecedented disruptions in major maritime routes and rising operational costs. The strain on supply chains and economies is intensifying, with
October 28, 2024
Panama Canal’s net income rose to $3.45 Billion despite drought
PANAMA CITY : The Panama Canal’s profit increased about 9.5% in the fiscal year ended in September to $3.45 billion despite a severe drought that reduced the number of vessels that passed through the
October 28, 2024
Shanghai Port joins hands with Germany’s Port of Hamburg on building green shipping corridor
SHANGHAI : At the 2024 North Bund Forum held recently, China’s Shanghai Port and Germany’s Port of Hamburg vowed to work together on building a green shipping corridor, aiming to promote green transformation of
October 26, 2024
Scan Global Logistics expands into Ireland to strengthen Transatlantic trade network
HVIDOVRE : Scan Global Logistics (SGL), a global leader in transport and logistics solutions, is proud to announce the establishment of its first office in Ireland, yet again expanding its European footprint. This new
October 26, 2024
COSCO SHIPPING Ports expands investment in Thailand’s Laem Chabang Port
SHANGHAI : COSCO SHIPPING Ports (CSP) announced the strategic acquisition of equity in two major terminals at Thailand’s Laem Chabang Port. This acquisition includes： ——a 12.5% stake in Thai Laemchabang Terminal Co., Ltd. (TLT)
October 26, 2024
Ship owner in Baltimore bridge collapse agrees to pay $102 million for cleanup
WASHINGTON : The owner and manager of the cargo ship that caused the deadly Baltimore bridge collapse have agreed to pay more than $102 million in cleanup costs to settle a lawsuit brought by the Justice
October 26, 2024
Safety a key concern in transition to net zero shipping
LONDON : The drive to decarbonize shipping requires robust safety measures to protect the lives of seafarers dealing with novel technologies and alternative fuels. Delegates representing the global maritime community gathered in Barcelona, Spain
October 26, 2024