In the third part of our shipping market outlook series, we are focusing on the dry bulk sector with Will Fray, a Director of Maritime Strategies International (MSI). Speaking to the Seatrade ...

Sand opened his weekly rates update with a forecast that container lines’ strong position in negotiations for long term rates and shippers’ desire to secure capacity will lead to fixing higher ...

Container ports in Panama reported a combined volume of 9.57 million teu, up 15.1% compared to 8.32 million teu in 2023, mostly due to the impact of the Panama Canal draught restrictions that ...

PPC is a subsidiary of Hutchison Ports Holdings and administers the ports of Balboa on the Pacific side and Cristobal on the Panama Canal Atlantic entrance. Several economic sectors called for a ...

After two years of unprecedented rises container freight rates were seen as having peaked with a downcycle in 2023 - 2024 driven by overcapacity. However, Parash Jain, Head of Shipping & Ports ...

Export container volume grew 5.9% while the domestic volume dropped 0.3%. The ports of Xiamen, Qingdao and Ningbo-Zhoushan all posted a growth rate of over 10%. Cargo throughput at major coastal ...

At the recent IMO Marine Environment Protection Committee (MEPC) it was agreed the level of ambition for reducing CII as an average across the industry would be by 40% in 2030 compared to 2008 ...

The deal was entered into by Florens Container Investment, an indirect wholly-owned subsidiary of Cosco Shipping Development Co (CSDC), with the seller CLC II, an investment holding firm ...

On Wednesday MSC and AP Moller-Maersk issued a joint statement that the two companies had mutually agreed to terminate the 2M alliance in 2025. The alliance between Maersk and MSC was founded in ...

Upon completion of the deal RSGT will become an associate company of Cosco Shipping Ports. The main asset of RSGT is Red Sea Gateway Terminal, a container terminal at the Jeddah Islamic Port ...

Proudly supported by Filipino Association for Mariners' Employment (FAME), Seatrade Maritime Crew Connect Global brings together leaders from prominent shipping brands for three days dedicated to ...

According to an update by container line Hapag-Lloyd some 31 vessels were at anchor in San Pedro Bay and awaiting berths at LA/LB terminals. This up from more 20 vessels at anchor waiting to ...