November 13, 2023
March 20, 2026
November 13, 2023
Soaring fees at Panama Canal have LNG Shippers taking long route
NEW YORK : Liquefied Natural Gas shippers increasingly are opting to travel up to two weeks longer and almost 6,000 nautical miles further to bypass the Panama Canal as transporters of other fuel pay nearly $4 million to jump
November 13, 2023
Wilson Sons terminals grow 26% in October
BERMUDA : Wilson Sons, a leader in port and maritime logistics in Brazil, reported a strong growth in operations at its container terminals in October. With modern infrastructure, Rio Grande Container Terminal (RS) and
November 13, 2023
NYK boosts fleet with new LNG-powered PCTC
TOKYO : Japanese shipping company Nippon Yusen Kaisha has taken delivery of Sweet Pea Leader, the latest LNG-fueled pure car and truck carrier (PCTC), at Tadotsu Shipyard, part of Imabari Shipbuilding Group. Ordered from Nihon Shipyard,
November 11, 2023
Analyst says Maersk rate cutting behind Q3 losses
HONG KONG : Analysis by Hong Kong-based Linerlytica suggests that the sudden and deep decline in container freight rates in the third quarter was initiated by Maersk Lines’ attempts to recover market share. Container
November 11, 2023
A plan to join the Red Sea with Mediterranean — an alternative to the Suez Canal : Report
It has been speculated that one of the reasons behind Israel’s desire to eliminate Hamas from the Gaza Strip and completely control the Palestinian enclave is to give itself the chance to better explore a dramatic
November 11, 2023
Ruth Wood appointed as permanent CEO at Mersey Maritime
BIRKENHEAD : Just five months after becoming Interim Chief Executive of Mersey Maritime, Ms. Ruth Wood has now been appointed to the role on a permanent basis. Ruth Wood is a former senior manager
November 11, 2023
NAVTOR and Voyager Worldwide to Merge in Landmark Industry Combination
EGERSUND : NAVTOR, a leading e-Navigation and performance technology provider to the maritime industry, and Voyager Worldwide, a leading provider of maritime technology solutions, announced that both companies have agreed to merge in a landmark
November 10, 2023
Container Shipping bracing for downturn : Hapag-Lloyd Chief
HAMBURG : The container shipping industry faces a few years of headwinds as low freight rates, a weak European economy and widening geopolitical turmoil cloud the outlook, the head of the world’s fifth-biggest carrier said.
November 10, 2023