West Coast Ports Suffering As US Container Imports Plunge By 37%
As anticipated, US container imports in February were massively down from the highs of the previous year, with US west coast ports in particular...
Coal Cargoes To Boost ‘Upside Volatility’ in Capesize Sector
Russia’s invasion of Ukraine and subsequent turmoil in global energy markets has upended long-established Capesize cargo flows and voyages have lengthened with tonne-miles rising...
As Dry Bulk S&P Overtakes Tanker Sector, GoodBulk Offloads Cape Pair
Monaco-based GoodBulk is widely reported cashing in on investments made in this segment six years ago.
GoodBulk is noted for selling two 2012-built,...
UAE’s Fujairah Needs To Step Up Investments For New Bunker Fuels
UAE's Fujairah must step up investments for storage and supply of new alternative fuels as these markets are still lacking traction at the world's...
How Much Will Container Lines ‘Earn’ In 2023?
Listed container shipping lines often highlight adjusted earnings before interest, taxes, depreciation and amortization.
A year after IFRS 16 came into play, the...
The Impact On Supply Chains By Direct-To-Consumer Brands
The need for consumer-goods suppliers to sell directly to consumers at the start of the pandemic has forced them to manage complex retail supply...
Yemen.. UN Moves To Declare A New Truce.. And Piracy In The Red Sea
Yemeni shipping sources confirmed that a Greek commercial cargo ship flying the flag of “Liberia” was attacked off the western coast of Yemen...
Take A Look At The Horrifying Massive Oil Tanker That Ran Aground!
The lifeboat overturned twice in stormy seas as a rescue operation was launched.
A Marine Accident Investigation Branch annual report from 1993 concluded...
Rotoboost’s Pre-combustion Carbon Capture System Gets LR AiP
The innovative carbon capture system uses thermocatalytic decomposition, which converts natural gas into hydrogen and solid carbon prior to combustion.
The AiP validates...
Maersk Air Cargo Introduces Europe-China Air Freight Services
The scheduled Eurasia operation will commence 20 March
Maersk’s newly opened air freight hub at Billund Airport in Denmark enables customers to avoid...