In the face of growing port congestion resulting from the Red Sea crisis Maersk and MSC are struggling to maintain weekly schedules between East Asia and the Mediterranean.
AP Møller – Maersk expects a stronger financial performance in the second half of the year as container spot rates hit their highest level since August 2022.
Lloyd’s Register (LR) and ABS have awarded approval in principle (AiP) for a 3,500 teu ammonia-powered container ship design developed by a cross-industry task force.
Surging container freight rates and port congestion. Refloating the Dali in Baltimore. Is more consolidation in offshore marine to come? Just some of the topics we’ll be discussing in this episode of Maritime in Minutes.