News
Container shipments drop 14% at Port of Vancouver as consumer demand falls
The Vancouver Fraser Port Authority says container shipments are falling, as consumer demand weakens amid a sputtering economy. The authority says container shipm...
Australia Docks its Largest Containership as CMA CGM Expands Route Capacity
The largest containership to moor in Australia and be deployed to the country is currently completing her maiden circuit through the country. While it is not a new v...
Is the air cargo market finally showing signs of improvement?
Emerging reports suggest that the air cargo market may finally be showing signs of a slight improvement after a year and a half in the doldrums. The latest market...
Trouble ahead: Container shipping rates sinking further into the red
It’s not looking good for container shipping lines. Peak season is running out of whatever limited steam it previously had. Spot rates are sliding into loss-ma...
Shipping rivals CMA CGM, Maersk to collaborate on green fuels
Container shipping giants CMA CGM and Maersk said on Tuesday they will cooperate in efforts to reduce emissions in the sector, including by supporting the use of met...
COSCO developing green methanol industrial chain
As has been well telegraphed, China’s state-owned shipping behemoths are going hard after methanol as a future fuel. To this end, COSCO, the world’s l...
Shipping group Maersk sets up green methanol company
has teamed up with its majority owner to form a new company to produce "green methanol", the shipping company said on Thursday, as it held a naming ceremon...
World’s 1st methanol-powered containership reaches final destination
The 2,100 TEU boxship was assisted into the port of Copenhagen by Svitzer’s tugs and the container ship docked in the Toldboden area of the Copenhagen harbor n...
Critical years ahead for container shipping
MSC and Maersk announced the break up of their alliance earlier this year, but the fall-out from that decision will not be fully realised until January 2025 when the...
Global carriers stalk loss-making intra-Asia operators
Operators in the heavily fragmented intra-Asia trades are coming under severe financial duress and could become the targets of takeovers by global liners, according...
24 February 2024