The container shipping market has hit rock bottom and is starting to bounce in some regions according to the latest reports from the Baltic Exchange, but the upward trend will be short lived says Drewry.
As the Panama Canal restricts the number of transits alternatives for shipping from Asia to the US East Coast are being sought and Canadian Pacific Kansas City (CPKC) believes it has solution connecting by rail from Mexico’s Lazaro Cardenas port.
Chinese shipbuilders are forecast to receive newbuilding orders in excess of 50 milllion dwt this year as the market rebounds from 2022.
Japanese shipowner Mitsui OSK Lines (MOL) has become the latest impact partner of the Global Centre for Maritime Decarbonisation (GCMD) in Singapore.
Fuel tester VPS has provided more details incidents of contaminated bunker fuel originating from Houston recently reporting damage to 14 vessels.
The potential of nuclear power for zero emission shipping has attracted mainstream attention but Precious Shipping Managing Director Khalid Hashim takes issue with the idea
The Southern Chinese port of Xiamen inked cooperation agreement with PSA International to establish a friendly port relationship and extensive cooperation.
Fresh from its low D grading by Ship It Zero, Chinese carrier Cosco has announced the launch of a 700 teu zero emission containership.
AP Moller – Maersk is forecasting that global container shipping volumes could contract by up to 4% this year.