From Crisis to Contingency: Evaluating the Effects of Baltimore’s Bridge Collapse on Maritime Trade Around 01:28am on Tuesday, March 27th, the Singapore-flagged vessel – DALI – collided with Baltimore’s iconic…
Containers
[17 JULY 2024] – BidBird, an innovator in maritime logistics technology, is launching its Monarch™, a groundbreaking freight management system set to transform container handling practices on vessels in port.…
LSEG Shipping Research – Extreme weather disruptions at the Cape of Good Hope bring container traffic to a standstill
London, July 10th, 2024: Severe weather conditions near the Cape of Good Hope has brought container traffic to a halt this week according to analysis by LSEG Shipping Research. Since Monday…
Descartes releases July Global Shipping Report: June 2024 U.S. Containerized Imports continue strong year-on-year gains
ATLANTA, Georgia, July 9, 2024 — Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released its July Global Shipping Report for logistics and supply chain professionals. U.S. container import…
REMINDER – 2024 ITCO Members Meeting, Houston (October 28/29) – Registration Open and Benefit from Special Hotel Room Rates
The 2024 ITCO Members Meeting will take place at the the Woodlands Hotel, Curio Collection by Hilton on Tuesday October 29th, 2024 1. Meeting RegistrationThe Registration Fee to attend the…
XENETA RATE UPDATE: Spot rate growth slows but ocean container shipping market will remain extremely challenging.
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…
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!