Yearly Archives: 2024
Maersk Warns Prolonged Red Sea Diversions, Potential Impact Beyond Mid-2024
Maersk, the second-largest global ocean carrier, cautions of extended Red Sea diversions persisting into Q2 and Q3 of 2024.
Despite a U.S.-led military...
Shipping Industry Experiences Unprecedented Volatility With Extreme Earnings Swings
The shipping industry, already known for its volatility, is currently undergoing an extraordinary period of extreme fluctuations in earnings.
Research by Evercore ISI's...
China-US Container Rates Surge Threefold, Reshaping Global Shipping Dynamics
Container leasing rates on the China-US trade route have experienced an unprecedented threefold surge, escalating by 223% following the Red Sea crisis.
This...
Landmark Agreement Reached To Boost Maritime Safety In Europe
In a significant development for maritime safety, negotiators from the European Council presidency and the European Parliament have swiftly reached a provisional agreement...
Mayflower Autonomous Ship: Pioneering Unmanned Research Across The Atlantic
The Mayflower Autonomous Ship (MAS), a groundbreaking project launched in 2015 by Plymouth University, MSubs, and Shuttleworth Design, is the world's first fully...
Hamburg Senate Green lights MSC-HHLA Deal
The senate in Hamburg has agreed to the sale of 49.9% of HHLA-Hamburger Hafen und Logistik AG to the Swiss MSC logistics group....
Alphaliner: Surge In Scrubber-Installed Boxship Fleet
The number of scrubber-fitted container ships is now at an all-time high of 36% of the global boxship fleet.
More liner operators are...
Lessons Learned: An Optimal Solution For Pulling The Pins On Gangway
IMCA provides lessons learned from an incident in which a pin was required to be pulled on a hinge system for the dynamic...
Is Methanol The Future Of Sustainable Shipping Fuel?
Methanol is gaining traction as a bunker fuel for decarbonization in the maritime industry.
ESG compliance and decarbonization goals are driving shipowners to...
[Podcast] Red Sea Attacks: The Impact On Logistics
Houthi militants continue to attack commercial vessels in the Red Sea — disrupting how shipping companies do business, reports NPR.
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