Oslo – Norway, 14 June 2024 – Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The…
Containers
A combination of weather conditions, trade demand and geopolitics has buoyed containership freight and charter rates, reports MSI London and Singapore 23 May, 2024. A combination of the ongoing Cape Of Good…
Major Scottish export terminal invests £750,000 to boost refrigerated cargo capabilities The Port of Greenock has expanded its reefer point infrastructure from 32 to 220, significantly enhancing its refrigerated cargo…
John Faraclas live on the global ERT Radio “Voice of Greece”, on the programme “Greeks everywhere “, with Thanasis Choupis.
Issues discussed: 1.A full discussion on Shipping and Geopolitics in the shadow of the fierce conflicts in Ukraine and Gaza.2.On the state of alert in the strategic importance of straits all…
Shipping company ACL’s new transatlantic service in partnership with BG Freight Line and Peel Ports Group will have transit times up to two weeks faster than any similar service travelling…
Port of Newcastle confirms the one-off compensation payment required under the Port of Newcastle Extinguishment of Liability Act 2022 (NSW) has been paid. As of 30 April 2024, the reimbursement…
The Jolly Verde, a full-container ship with a capacity of 6,300 TEU, just entered today into the fleet of Ignazio Messina & C. S.p.A., marks a milestone in the company’s…
Capabilities of new £25m cranes in Greenock key to securing the new route The Port of Greenock has been awarded a new weekly deep sea container service that will directly…
Counting the cost of war on the climate: Red Sea conflict brings massive carbon emissions increases in ocean freight shipping.
Oslo, Norway – 23 April 2024 -Conflict in the Red Sea has brought massive carbon emissions increases in ocean freight container shipping, according to data released by Xeneta today, Tuesday.…
Richard Gunn, leading partner in Reed Smith’s Casualty and Admiralty team, said: “The Court of Appeal decision in Smit Salvage BV & Ors v Luster Maritime SA & Anr (The…
20 year old Handy Containers of 1,750 TEU up by as much as 43% since the new year from USD 6.99 million to USD 8.6 million. Container values have risen…
Updated version released of “Prevention of Pest Contamination of Containers: Joint Industry Guidelines for the Cleaning of Containers” 11 April 2024 – Every year, 250 million containers are transported across…
Oslo, Norway – 13 April 2024 – The seizure of a container ship by Iran in the Strait of Hormuz this morning, Saturday, is ‘extremely concerning’ and threatens to put…
Veson Shipping Market Outlook: Chinese economy’s recovery, elevated interest rates and ongoing political tensions add to an atmosphere of uncertainty
Veson Shipping Market Outlook – End Q2 2024 Forecast Values Chinese economy’s recovery, elevated interest rates and ongoing political tensions add to an atmosphere of uncertainty Overview There are several elements…
Antonis D. Faraklas* on Seamanship and beyond! With the Homerion Conference Auditorium bursting at its seams, Chartworld’s seminar** will remain for ever one of the best of its kind in…
Massive increase in container shipping imports from China into Mexico amid ongoing US trade war.
Oslo, Norway – Growth in demand for container shipping imports from China into Mexico in January 2024 increased by 60% compared to 12 months ago, further fuelling suspicions it has…
Greek Controlled Shipping: An information paper based on data provided to the GSCC by S&P Global Market Intelligence Please find here below an information paper on Greek controlled ships over…
A thorough effort based on the IMO Formal Safety Assessment (FSA) procedure has ensured that the recommendations in DBI’s report CARGOSAFE will form the basis for discussions at the IMO.…
Time is passing fast, and we’re now already at the end of February – I’m sure it’s been a busy two months for everyone. The ITCO Team has been very…
ITCO wishes its Members a Happy Lunar New Year Saturday 10 February 2024. Kung Hei Fat Choy!
Impact of Red Sea crisis on ocean freight shipping is more rapid than Covid-19 as tensions run high across the industry
OSLO, Norway – 30 January 2024 The Red Sea crisis has seen ocean freight rates increase faster than the early months of the Covid-19 pandemic as swathes of shippers are…
Ocean Network Express Steps Forward With Its Green Strategy: Announcement of the inaugural fleet of 12 Methanol dual-fuel containerships
Ocean Network Express Pte. Ltd. (ONE) has signed Ship Building Contracts with Jiangnan Shipyard and Yangzijiang Shipbuilding for a total construction of twelve 13,000 TEU methanol dual-fuel container ships. Each shipyard…
Descartes Releases January Global Shipping Report: December U.S. Container Import Volumes Up 0.4% from November; Port Transit Times Increase ATLANTA, Georgia, January 8, 2024 – Descartes SystemsGroup (Nasdaq: DSGX) (TSX:DSG),…
CSSF calls on governments to restore safe merchant shipping in the Red Sea and Gulf of Aden
CSSF calls on governments to restore safe merchant shipping in the Red Sea and Gulf of Aden 17 December 2023. The Container Ship Safety Forum e.V. (CSSF) urges governments worldwide…
(JACKSONVILLE, Fla.; Dec. 14, 2023) – Crowley and Carbon Ridge Inc, a leading developer of modular onboard carbon capture and storage solutions (OCCS), with support from the U.S. Maritime Administration…