Operations in Shanghai port are getting back to normal as the city’s lockdown eases. CMA CGM said in its latest customer advisory that pressure on Shanghai yard resources is easing, [...]
The global average price for very low sulphur fuel oil (VLSFO) has shot up above $1,000 per tonne this week according to data from Ship&Bunker. Moreover, the price differential to high [...]
The container throughput of China ports for the period January - April 2022 has slightly increased by 1.7% compared to the same period last year, reaching 91 million TEU. At [...]
The impact of supply chain problems, which have existed for two years now, is very large, leading to a significant extension of transport time, both in maritime and inland transport. [...]
Officially launched in June 2019, signatories to the Poseidon Principles – shipping’s green banking initiative – now cover more than 50% of the global ship finance portfolio with news of [...]
Drewry’s composite World Container Index decreased by 0.9% to US$7,657.20 per 40ft container the week of 12 May 2022, compared with the previous week's figure. Despite the fall though, it [...]
The US government has announced it will give another US$234.3 million to the Port Infrastructure Development Program (PIDP) aiming to improve the safety, efficiency, and reliability of the movement of [...]
Climeon’s latest waste heat recovery solution, HeatPower 300 Marine, received a positive reception when it was introduced to the industry at Seatrade Cruise Global in April. The low-temp waste heat recovery system [...]
Maersk has announced the closure of its operations in Russia and Belarus due to the ongoing war in Ukraine. The Danish company has already stopped all vessel operations in Russia [...]
Mediterranean Shipping Co (MSC) has overtaken 2M partner Maersk as the largest carrier on the Asia-Europe tradelane in terms of tonnage deployed according to new analysis from Alphaliner. The Soren [...]
