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November 5, 2021

MOL gives the world a glimpse of future CO2 ships

International Shipping, Trending News
TOKYO : Mitsui OSK Lines (MOL) and compatriot Mitsubishi Shipbuilding have completed a concept study for a large liquefied CO2 (LCO2) carrier that could potentially be the mainstream in the LCO2 shipping market in
November 5, 2021

Russia choose Northern Sea Route to Ship Cargo to Bangladesh

International Shipping, Trending News
The route from St. Petersburg to Bangladesh via Murmansk and Vladivostok is about 3,200 nautical miles longer than sailing the cargo via the Suez Canal. Even the route around Africa would have been faster.
November 3, 2021

Shipping Lines Could Be Sailing Towards Astonishing $200 Billion Profit This Year

International Shipping, Trending News
With stock market-listed ocean carriers reporting even better-than-expected profits for the third quarter, their executive boards are being forced yet again to upgrade full-year earnings forecasts. A third of the way through the final
November 3, 2021

Shipping boss: ‘Christmas will be safe’ from shortages

International Shipping, Trending News
COPENHAGEN : Christmas trading will be safe from supply chain problems, the boss of shipping firm Maersk has told the BBC – adding, “at least that’s what I’m hearing from our customers”. The company
November 2, 2021

MSC announces new surcharges from Europe to America

International Shipping, Trending News
GENEVA : The Swiss box carrier MSC will apply new Peak Season Surcharges (PSS), which will take effect by the end of November, for cargoes transferred from Europe to America. Firstly, MSC will implement
November 2, 2021

Greek shipowners account for 11% of global newbuilding orders

International Shipping, Trending News
Greek fleet has hit an all-time-high in tonnage terms and the country’s shipowners account for 11% of all newbuildings on order. This year the Greek-controlled fleet of vessels over 1,000 gross tonnes reached an
November 2, 2021

A Day in the Life: Maersk’s Coolest Job

International Shipping, Trending News
Ashlee Ellsworth Logistics Project Manager for The Ocean Cleanup There’s an old proverb that states “choose a job you love, and you’ll never have to work a day in your life.” I was always
November 1, 2021

Schedule reliability still very poor, Maersk remains on top

International Shipping, Trending News
Sea-Intelligence has published a Global Liner Performance (GLP) report for schedule reliability, showing moderate results for the majority of the container shipping lines. The report covers schedule reliability across 34 different trade lanes and
October 30, 2021

ONE chalks up another $4bn profit in Q2 and expects $12bn for the year

International Shipping, Trending News
TOKYO : Japanese ocean carrier Ocean Network Express (ONE) said it now expects a net profit of nearly $12bn for its financial year ending 31 March 2022, following a $3.5bn surplus the year before.
October 29, 2021

Pacific International Lines Installs Satellite Communication For Its Entire Fleet

International Shipping, Trending News
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