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...

World’s Largest Container Ship Is Running on HSFO With Scrubbers

The newest vessel to take the title of the world's largest boxship is now in operation, using HSFO with a scrubber as its main...

All About Freight & Shipping: Costs, Issues And Shortages

Freight & shipping costs & delays The pandemic's extremely high logistics costs have been one factor in inflation. However, since the spring of 2022, maritime freight...

Box Lines Refusing To Cut Capacity in Price War

Container freight rates are still falling, while charter rates are holding up, suggesting that liner operators are chasing market share, even if it means...

Maersk To Divest Maersk Supply Service

Maersk (Maersk) has reached an agreement with A.P. Moller Holding, the parent company of the A.P. Moller Group, for an intended divestment of Maersk...