This Week Trends
Typhoon “Muifa” made its first landfall in China on the coast of Zhoushan, Zhejiang Province on September 14, 2022, with maximum sustained winds of up to 151 km/h, with maximum sustained winds of up to 126 km/h. It is...
Yang Ming Marine Transport Corp gave an optimistic outlook for the first half of this year on expectations that container shipping rates would remain high, reports TaipeiTimes.
High freight rates
Yang Ming president Patrick Tu told an investors’ conference in Taipei...
Adam Grant, a professor at the Wharton School, talks about the impact of the COVID-19 pandemic on the world of work.
Leaders should take the opportunity to give their employees more control over their schedules.
Companies should reflect...
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Hot Stuff Coming
Fujairah Investor Adds $35m To GTI Statia Oil Storage in Caribbean
GTI Statia has 60 tanks
Investment after years of 'challenging' market
'Extremely high demand for fuel storage'
Prostar Capital, which owns 40% of the...
May Imports at Busiest U.S. Seaport Drop 9% Amid Tariff Disruptions
May imports to Port of Los Angeles down 9% year-on-year.
Incoming cargo due to rebound after China tariffs lowered to 30% from 145%.
...
MSC Makes $700m Gram Car Carriers Takeover Bid
The board of Gram Car Carriers (GCC) have unanimously recommended to shareholders a takeover bid from MSC through its subsidiary SAS Shipping Agencies.
...
Wall Street’s Stock Market Results Muddled Up
Stocks ended a wobbly day with mixed results on Wall Street Friday as the market cooled off following a two-day rally.
Asian shares...
LATEST ARTICLES
NCFI Shows Diverging Trends as Middle East Rates Surge
The latest update of the Ningbo Containerised Freight Index (NCFI), released by the Ningbo Shipping Exchange, reveals notable divergence across major trade lanes, with...
Merchant Vessel Beats Back Pirate Raid Amid Red Sea Revival
A merchant vessel successfully thwarted a coordinated pirate attack in the Bab-el-Mandeb Strait early Friday morning, underscoring the persistent volatility in one of the...
Fire Incident at Manila North Harbor Prompts Investigation and Safety Review
Fire reaches second-alarm status, requiring a major response.
Authorities contain damage to the lower decks after hours of firefighting.
An investigation is underway,...
War Risk Premiums Shift: Red Sea Rates Drop While Black Sea...
War risk premiums for vessels sailing through the Red Sea have fallen sharply following the recent ceasefire and decline in Houthi attacks.
In...
Container Shipping Faces Year-End Pressure as Demand Softens and Disruptions Rise
Blank sailings surge with 64 cancellations across five weeks.
Spot rates jump, but sustainability remains uncertain.
Severe storms disrupt Asian terminals and delay...
EU Moves to Permanently End Russian Gas and Oil Imports by...
The European Union will effectively and permanently stop the import of Russian gas and move towards the phaseout of Russian oil under the provisional...
Maersk Pushes Decarbonisation Frontier with 50/50 Ethanol-Methanol Blend Trial
Maersk to trial 50/50 ethanol-methanol blend on the vessel Laura Mærsk
Initial E10 test confirmed safe integration and strong performance
Ethanol offers another...
India Moves Closer to Arctic Access Under New RELOS Pact With...
A logistics support agreement ratified in Moscow opens the door for Indian naval and commercial vessels to access Arctic ports.
The pact supports...
Major Newbuild Programme Launched Amid Strong Shipping Demand
A major owner has placed a $1.6 billion order in Chinese shipyards for a mix of VLCCs and container ships.
This newbuild programme...
Air Lubrication Systems Selected for Nine New RoPax Newbuilds
Nine new RoPax vessels being built in China will be fitted with air lubrication technology.
The order marks the largest RoPax installation programme...





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