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 ...

The vessels will be constructed by New Times Shipbuilding and then be leased to a third party. CDB Leasing aims to further increase the market share of the company in shipping market. In the ...

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 ...

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 ...

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 ...

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 ...

Using data from its Global Liner Performance (GLP) and Trade Capacity Outlook (TCO) databases Sea-Intelligence said that in August this year 3.1m teu, or 12.5% of shipping capacity was out of ...

The three Shanghai-based flagship shipyards of CSSC have 183 newbuilding orders on hand which will keep them busy till 2027. Last year the three yards delivered 48 vessels in 2022 and newly ...

Container export volumes increased 3.11% comparing to mid-June. The growth rate of Dalian port, Guangzhou port and SCCT terminal of Shenzhen port exceeded 10%. The domestic container volume ...

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 ...

Currently there are several alternative fuels such as hydrogen and ammonia, but these are still a relatively new concept to the shipping industry. While some major shipping and energy companies ...