The Panama Canal water shortages, the influence of geopolitics on shipping, HMM stake for sale but who’s buying, who are CStar Line, and much more in the latest episode of Maritime in Minutes.
Analysts Sea-Intelligence noted this week that the level of blanked sailings this year is at about a third of the four-year average and just 25% of 2019’s high at a lowly 3%, on some trades.
The east Chinese port of Guangzhou and the southern Chinese port of Jiangsu have inked strategic cooperation framework agreement to jointly develop shipping and logistics services.
Four additional members from across the value chain have joined the Silk Alliance green corridor cluster initiative.
MISC and Samsung Heavy Industries (SHI) have received Approval in Principle (AiP) from DNV for a jointly developed concept for a Floating CO2 Storage Unit (FCSU).
German carrier Hapag-Lloyd is reported to have failed to make the cut for the next stage in the sale of the South Korean government’s controlling share in the country’s largest shipping line HMM.