US shippers are diverting east coast cargo, already shifted from the Panama Canal to via Suez, to west coast ports, boosting southern California port volumes and raising box leasing prices through the roof.
![Unifeeder vessel sailing into port]( "Unifeeder vessel sailing into port")
Unifeeder has started new reefer focused service between Manzanillo in Panama and four Colombian ports.
![The-Red-Sea-Crisis-Article.png]( "The-Red-Sea-Crisis-Article.png")
Over 50 vessels attacked by Houthi rebels in the Red Sea, thousands of ships diverted via the Cape of Good Hope, and billions of dollars of trade disrupted in the Red Sea crisis.
The Deputy Administrator for the Panama Canal Authority (ACP), Ilya Espino de Marotta, says the waterway does not expect changes to current vessel transit restrictions until at least April.
The World Shipping Council (WSC) is the latest organisation to put forward a Greenhouse Gas (GHG) pricing proposal to the International Maritime Organization (IMO) although it expects elements of different proposals to form a final agreed structure.
The Port of Virginia has announced it is expanding its international connections with two new services that connect directly with the Latin American market.
South Korean shipping company HMM remained profitable in Q4 2023 despite the pressure on container markets.
The Lloyd’s Register (LR) and five Greek ship owning companies have banded together to launch a global nonprofit Maritime Emissions Reduction Center (M-ERC) in Athens to optimise the efficiency of the existing fleet.
