Ships Getting Larger, While Number Of Companies Decreasing
At the end of 2020, there were 944 container ports served by liner shipping services. This is an increase of 13% compared to the...
Insurers Are Set To Raise The Cost Of Cover After Red Sea Attacks
Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have...
Damco Scrapped, Freight Forwarders At Crossroads, What Next?
Shippers face a choice as they plan their freight strategies: the simplicity of a single end-to-end provider or the reduced risk of a...
Freight Rates Shoot Up Due to Rush in Exports
Ocean freight rates are up as much as threefold on year, and the firmness of pricing could remain and help Korea’s shippers for...
An Upgraded Global Ship Lease Credit Rating By Moody’s Investor Service
Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a leading independent owner of containerships, announced today that its Corporate Family Rating has been upgraded to...
Construction Of WSV New Diving Bell Vessel Completed
Damen Shipyards Group has completed the construction of German Federal Waterways and Shipping Administration’s (WSV) new diving bell vessel, says an article published in...
Ningbo Containerised Freight Index
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange.
Weekly composite index covering 20ft, 40ft and Hi Cube box...
Our Small Size Is Now An Advantage, Says ZIM Chief
Israeli container ship operator ZIM Integrated Shipping Services Ltd. is trying to turn its small size into an advantage in a business dominated by...
Global Ship Lease Announces New Loan Facility
According to the press release of Global Ship Lease Inc. published on their website, the company has agreed a new $236.2 million senior secured...
HMM Seeks To Be A Logistics Service Provider Like Maersk
According to a LoadStar article written by Mike Wackett, South Korean carrier HMM is looking to follow some of its peers and transform itself...
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