Panamax Container Ships Remain Profitable Despite Obsolescence Predictions
Panama Canal Limits Created Panamax Ships – and Their Legacy Endures.
Panamax Vessels Age but Continue to Deliver Strong Charter Returns.
Neo-Panamax Era Ends Newbuilds, Not the Panamax Market.
For over a hundred years,...
Suez Canal Container Traffic Slips Despite High-Profile Returns
Suez Canal Sees Year-on-Year Decline Even as Some Container Ships Return.
Container Ship Traffic Through Suez Falls as Megamax Vessels Stay Away.
Selective Recovery Masks Ongoing Weakness in Suez Canal Container Flows.
Despite the...
Wan Hai Orders 49,300 New Containers in USD 118M Deal
Wan Hai Lines orders 49,300 new containers as part of a major fleet expansion programme.
The investment is valued at USD 118.1 million and split between two manufacturers.
The move reflects confidence in...
Edison and Knutsen Sign Contract for New 174,000 m³ LNG Carrier to Be Built...
A new LNG carrier of 174,000 cubic meters will take shape at Hanwha Ocean’s yard in Geoje (Okpo), following a long-term charter deal signed in Norway between Knutsen OAS Shipping and its Italian energy...
China’s Trade Surplus Climbs Past $1 Trillion for First Time
China’s trade surplus crossed $1 trillion within just 11 months, setting a new global record.
Exports continue to far outpace imports despite US tariffs.
Chinese goods are reshaping markets across Europe, Southeast Asia,...
DP World Unifies Marine Services Under One Global Identity to Strengthen Integrated Logistics Vision
DP World announced that it is unifying its Marine Services businesses under a single global identity, marking a major step in its evolution into a fully integrated logistics provider.
A Unified Brand Structure
According to the...
Everllence Confirms Successful Run of Ethanol-Fuelled Four-Stroke Engine
Everllence announced that its 21/31 dual-fuel four-stroke engine has successfully run on ethanol at its test facility in Frederikshavn, Denmark. The engine performed across all load points, showing that the platform can operate on...
Seasonal Correction Expected as Capesize Rates Face Pressure
Capesize spot rates near $40,000 remain above seasonal norms, with futures signaling a sharp correction ahead.
Vale projects the seaborne iron ore trade to stay broadly flat over the next five years.
...
US Container Imports Drop in November, But Still Strong Historically
US container imports fell 7.8% in November compared with last year, partly due to weak demand from China and one less shipping day.
Imports from China dropped nearly 20%, dragging overall volumes downward.
...
CSM Launches “She Beyond” Initiative to Boost Women’s Representation at Sea
CSM has expanded its commitment to women in maritime with the launch of the “She Beyond” initiative, a programme created to strengthen support for women working at sea. The company brought female seafarers from...