A sluggish last two years has been left behind according to consultancy MSI in its monthly liner shipping report for April, but the devil is in the detail as figures for early 2024 skewed by sluggish year-on-year comparisons.
Iranian Foreign Minister Hossein Amirabdollahian says it considers the crew of the Portuguese-flagged vessel MSC Aries held since 13 April a “humanitarian issue”.
OOCL is expanding its Asia - Latin America network with a new service linking China, Japan, and Korea with Mexican ports.
A total of 60 methanol auxiliary engines have been ordered for 12 container vessels for Chinese owners.
The rapid growth in lithium battery shipments has raised concern over the increased fire risk for containerships.
After a relative lull in attacks on shipping the Houthi targeted two container ships in the Red Sea and the Indian Ocean.
Freight rate indices are sending mixed messages but most of the latest indicators show a steady decline in rates as lines and shippers negotiate annual contracts on the transpacific.
Shipping emissions have surged as a result of the Middle East conflict, propelling Xeneta’s Carbon Emissions Index (CEI) to a new record.
A new hospital ship will offer surgery, care and education to patients and healthcare professionals in sub-Saharan Africa.