Yearly Archives: 2024
US West Coast Ports Brace For New Import Surge
US west coast ports are bracing for a surge in imports.
Factors include the resumption of inventory build-up and returning flows.
Shipping rates...
Red Sea Crisis Impact Assessment For Global Shippers
The next 4-5 weeks will be critical for global shipping and container traffic from Asia to Europe and Mediterranean to Asia.
Container equipment...
Lessons Learned: Fatal Fall From Collapsing Scaffolding
The Hong Kong Merchant Shipping organisation describes an incident in which a sailor was killed in a fall from collapsing scaffolding.
Investigation revealed...
India Scouts Measures To Allay Red Sea Crisis Impact On Export Trade
Global Trade Research Initiative (GTRI) has said that India must prepare for long-term shipping disruptions at the Bab-el-Mandeb Strait, which is crucial for...
EU ETS Impact On EU MRV Reporting
Emissions for the EU Emission Trading System (EU ETS) will be reported and verified through the EU MRV system, which will be revised...
New Dawn For Emissions-Free Nuclear Merchant Shipping?
Core Power, a UK start-up focused on nuclear for maritime applications, and TerraPower, which is owned by Microsoft legend Bill Gates.
The Jiangnan...
Pricing Decline: Shippers Save as Panama Canal Congestion Eases
The cost for shippers to bypass Panama Canal congestion has dropped significantly, with Neopanamax slots averaging $269,000 due to reduced demand amid alternative...
Singapore’s Maritime Triumph In 2023: A Year Of Records
Singapore's maritime industry thrived in 2023, setting records in vessel arrival tonnage, container throughput, and bunker sales.
Despite anticipating challenges ahead, the Maritime...
Escalation Of Red Sea Attacks: A Global Supply Chain Quandary
Yemeni Houthi rebels have intensified attacks on commercial vessels in the Red Sea, disrupting the global supply chain.
The surge in attacks followed...
Tackling Maritime Drug Smuggling: Fostering Cooperation Conference
A recent conference in Houston, co-hosted by BIMCO, INTERPORTPOLICE, INTERMANAGER, the World Shipping Council, and Northeast Maritime Institute, addressed the surge in drug...