Assessing possible impacts on States of future shipping decarbonization
LONDON : International shipping plays a central role in global trade, carrying 70% of that trade by value and more than 80% by volume. However, it is also
Record earnings for HMM in the first quarter
SEOUL : HMM announced its financial results for the first quarter of 2022, in which the company recorded record profits, mainly due to freight rates and efficient fleet
MSC Ghana Awarded Outstanding Shipping Company of the Year
GENEVA : After an outstanding 2021, MSC Ghana was recently recognised with the Outstanding Shipping Company of the Year at the Ghana Agricultural and Agro-Processing Awards. This is
CMA CGM and WWF join forces for “greener”shipping and logistics
MARSEILLE : CMA CGM Group has partnered with the WWF France aiming to “green” the shipping and logistics sectors, fight illicit trafficking in protected species and preserve marine
Shippers still favouring contracts, despite short-term spot rate discounts
SINGAPORE : While long-term container contract rates from Asia continue to advance, ocean carriers have been busy offering significant discounts on spot rates from China this week, as
How global trade is responding to Russia’s invasion of Ukraine
NEW DELHI : The scale of economic sanctions imposed on Russia are unprecedented. It has been suggested this conflict could be remaking the world order, with Russia choosing
IMO circular on Ukraine crisis – Security situation in the Black Sea and the Sea of Azov
LONDON : International Maritime Organisation (IMO) has issued a Circular on the ongoing Ukraine crisis which reads as follows. The ongoing military action in the Black Sea and
East Coast ports about to get slammed by a lot more ships
NEW YORK : There were 63 container ships waiting off East and Gulf Coast ports on Friday morning, plus another eight off the transshipment hub in Freeport, Bahamas
IMO heeds meeting call over impact of Ukraine conflict on Shipping and Seafarers
IMO has responded to calls for council meeting over ships and seafarers trapped in the Ukraine and wider Black Sea region. LONDON : UN-body has called an extraordinary session
Tianjin Port Container Terminal sets new Gross Berth Productivity Record on the Madison Maersk
TIANJIN : In Tianjin, China, a snowstorm had just passed, and the temperature hit a low of -10 degrees Celsius, but the Tianjin Port Container Terminal (TPCT) team was fired
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