September 23, 2023
May 5, 2026
September 23, 2023
Trouble ahead: Container shipping rates sinking further into the red
It’s not looking good for container shipping lines. Peak season is running out of whatever limited steam it previously had. Spot rates are sliding into loss-making territory. Rates “continue to lose ground, bending under
September 23, 2023
Dry Bulk Market: “Rising Tides” as Water Levels Drop in Various Hubs
NEW YORK : The dry bulk market has been on a growth “spree”, as a number of disruptions in key waterways have had an impact on tonnage availability. In its latest weekly report, shipbroker
September 22, 2023
Shipping Industry must work together to create a level-playing field : Rolf Habben Jansen,Hapag-Lloyd CEO
BRUSSELS : The shipping industry needs to work together to accelerate the energy transition and establish a level playing field, ensuring Europe’s competitive edge on the global stage, Rolf Habben Jansen, CEO of Hapag-Lloyd
September 22, 2023
Hapag-Lloyd to use Starlink’s Satellite Internet onboard
HAMBURG : After a successful pilot phase, Hapag-Lloyd is set to transform connectivity at sea with the rollout of Starlink Satellite Internet Technology across its fleet. Since May, crew members aboard four pilot vessels have
September 22, 2023
COSCO SHIPPING signs Memorandum of Cooperation on the construction of a Green Methanol Industrial Chain
SHANGHAI : On September 20, China COSCO SHIPPING Corporation Limited (COSCO Shipping), State Power Investment Corporation Limited (SPIC), Shanghai International Port Group (SIPG), and China Certification & Inspection Group (CCIC) jointly signed the “Memorandum
September 22, 2023
Strategic Marine joins Cyan Renewables-Led Consortium in Advancing Electric Harbour Craft Operations in Singapore
SINGAPORE : Cyan Renewables, together with its consortium of six other partners, announced the launch of a green energy consortium to jointly design and develop electric harbour craft operations in Singapore. Led by Cyan
September 22, 2023
Eyebrows raised at China’s state-owned players’ increased stakes in European Ports
FRANCE : Chinese companies hold investments in some 31 container seaport terminals in Europe and the Mediterranean as of end-August, reflecting the increased activity by China’s state players in Europe’s port network since 2016,
September 21, 2023
‘Laura Maersk’-first container ship powered by green methanol sets sail
COPENHAGEN : The new ship, Laura Maersk, is the world’s first container vessel equipped with a methanol propulsion system. The ship’s godmother is the President of the European Commission Ursula von der Leyen, who
September 21, 2023