Shipbroker Braemar has reported a 46% increase in its container charter market index, Boxi, as carriers scramble to deploy tonnage on the diverted Asia to Europe trades which are now navigating around the Cape of Good Hope.
A device for removing nitrous oxide emissions from ammonia engine exhaust will be installed on an NYK Line vessel in 2026.
Global motor racing series World Endurance Championship (WEC) has turned to air freight to avoid delays with ocean shipping due to the Red Sea crisis.