Yearly Archives: 2024
Double Trouble: Panama & Suez Crises Reshape Global Shipping
Suez Canal and Panama Canal-related supply chain delays and increased rates may see shippers and forwarders opting for air cargo.
Shipping operations are...
Lessons Learned: Vessel Collision Highlights Lack Of Proper Lookout
The NTSB report highlighted the importance of managing simultaneous operations and identified it as a contributing factor to the collision.
The report also...
Red Sea Attacks Spur A Surge In Container Ship Rates
Security concerns in the Red Sea have caused a scramble for available ships, pushing up charter rates and spot freight rates.
The Harpex...
Drewry World Container Index Up 23% Last Week
Drewry’s World Container Index increased by 23% to $3,777 per 40ft container this week.
Detailed assessment for Thursday, 18 January 2024
The composite index increased...
HD KSOE, SHI Land Eco-Friendly Ship Orders
KSOE and SHI have won two orders for very large ammonia carriers (VLACs).
Eco-friendly ships such as ammonia and methanol carriers will expand.
...
ESPO Cheers As European Parliament Supports Ports, Urges Action
ESPO applauds the European Parliament's adoption of the Berendsen report, emphasizing a "comprehensive European Port Strategy."
The report recognizes the pivotal role of...
Europe’s Ports Alarmed By Red Sea Conflict Impact
Europe's ports, represented by ESPO, are alarmed by the Red Sea conflict as shipping lines redirect vessels to avoid Houthi attacks, adding up...
Maersk Ocean Network 2025: Enhanced Shipping Connectivity Between Asia And Europe
Maersk introduces its 2025 Ocean Network, promising improved shipping between Asia and Europe.
The mainliner network, supported by dedicated shuttles, ensures operational control...
Port Houston Finishes 2023 On A High Note
Port Houston ended the year on a high note with container twenty-foot equivalent units (TEUs) up 11%.
Loaded imports increased 11% for the...
GTT Bags Tank Design Order For VLEC Trio
GTT has received an order from its partner, the Korean shipyard HD Hyundai Heavy Industries, for the tank design of three new Very Large...