Reefer rates between the US west coast and Far East rose by almost 60% in April, as typical year-long contracts expired and new ones were negotiated.
Container volume at eight major Chinese ports increased 5.8% year-on-year in late April following the operational resumption of factories and ports, especially in Yangtze river delta region.
Members of the European Parliament (MEPs) voted to extend the scope of the EU Emissions Trading Scheme (ETS) to include maritime transport.
The green energy required to make carbon-free fuels for shipping would require all of the world’s current production of renewables.
Shanghai-based Jinjiang Shipping is to launch a new service to Thailand and Vietnam in Southeast Asia.
The first LNG terminal at Fangcheng port, Guangxi province is preparing to accept international vessels.