7 February 2025 Watson Farley & Williams (“WFW”) and Hogan Lovells jointly advised on three separate green ship financing transactions with an aggregate value of US$1.5bn+. All three transactions, one…
Containers
Trump’s China import tariffs on top of massive ocean freight rate increases due to conflict in Red Sea are perfect storm for US shippers, analysts warn.
A delay in tariffs on Mexico imports does little to ease the pain for US shippers still facing a 10% hike on tariffs from China in addition to massive increases…
Port records 2.26 million TEUs last year03 Feb 2025, Oakland, United StatesPort of Oakland experienced a solid 2024, processing 2.26 million TEUs, representing a 9.5% increase over 2023.READ MORE Significant…
Ocean container freight rates to fall further in February following Middle East ceasefire as carriers take action to slow market decline
Oslo, Norway – 31 January 2025 – Middle East ceasefire and Lunar New Year will see ocean container freight rates fall further in February – with carriers now taking action…
President Trump and his policies may mean short term pain for China but it may force China to make bigger reforms and ultimately lead to long term gain. The CFOs…
Container shipping supply chains in a high-paced substitution of risk to handle – stakes are high
What a start to the year we have seen – not only carriers offering ‘special deals’ to selected customers to attract new business and container shipping alliances reshuffle, but on…
Marine Money is the event which opens the New Year highlighting the key issues for the sector, and its 16th annual London Ship Finance Forum was no exception. At a full…
Analysts warn Trump’s America First trade policy on import tariffs is hurting US shippers
Oslo, Norway – 21 January 2024 – Donald Trump has not immediately followed through with his election vow of sweeping import tariffs, but uncertainty in his trade policy leaves US…
Container sector bullish after stellar 2024, but downside risks could prompt 2025 slowdown
21 January 2025 – Container sector bullish after stellar 2024, but downside risks could prompt 2025 slowdownVeson Nautical says increased Suez Canal transits after recent ceasefire agreement between Hamas and…
INTERCARGO Quality Panel Expansion Enhances Sector Collaboration to Drive Maritime Excellence
The International Association of Dry Cargo Shipowners (INTERCARGO) announced today a strategic development in meeting the needs of its ever-growing global membership. Following a productive INTERCARGO Quality Panel meeting with…
Ocean container shipping rates may fall after deal reached to avoid port strikes on US East Coast and Gulf Coast
Oslo, Norway – 9 January 2025 – Strikes at ports on the US East Coast and Gulf Coast, which would have caused an economic and supply chain crisis, have been…
Riyadh, Saudi Arabia, XX December 2024: Folk Maritime Services Company, a Public Investment Fund (PIF) company and emerging leader in regional liner and feeder services, has finalized a strategic agreement…
Petraki, Dominguez, Dragnis, Vokos and Vardinoyannis among the personalities recognised at 21st Lloyd’s List Greek Shipping Awards Shipowners Angelicoussis, Capital, DryDel and Star Bulk won major awards in a ceremony…
CII Presents the Connie Award to Allen Clifford of MSC Mediterranean Shipping Company (USA) and the Lifetime Achievement Award to Clifford Pyron of Georgia Ports Authority
Awards were presented at industrywide luncheon on December 9 at the Marriott Newark Liberty Airport Hotel Newark, NJ (December 10, 2024) – The Containerization & Intermodal Institute (CII) honored Allen Clifford, Executive…
MIDDLETOWN, RI – December 10, 2024 – KVH Industries Inc. (Nasdaq: KVHI), today announced that Seaspan Corporation (Seaspan), a world leading independent containership lessor, has signed an agreement to equip…
[29 November 2024] – Ocean Network Express (ONE) Europe is pleased to announce the relocation of its Ireland branch to a new office in Dublin, effective 27th November 2023. Following…
The new hub port marks the company’s first green and smart port investment in South America 15.11.2024 –Located in the central part of the Peruvian coastline, approximately 78 kilometres north of Lima,…
APM Terminals awards civil works and electrification contract for Maasvlakte II expansion to CareGo, a consortium of ABB, Dura Vermeer and GMB
The contract for civil works and electrification for the expansion of APM Terminals Maasvlakte II (MVII) container terminal in Rotterdam, the Netherlands, has been awarded to CareGo, a consortium comprising…
Sector heading for record breaking year fuelled by high charter rates and post-covid container boom Orders of new container vessels are up by ~52% year-on-year with 254 new contracts placed…
Milestone comes as company positions itself to lead shipping through an unprecedented era of transformation London, United Kingdom; 31 October 2024: V.Group (“V.”), the global ship manager and marine services provider, celebrates…
DNV Grants AiP to HD Hyundai Heavy Industries for Ammonia DF large container vessel
Seoul, Korea, October 30, 2024 – DNV has awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for its 15K TEU ammonia dual-fuelled container vessel design.…
Steady growth in flexitank usage around the world prompts container owners and specialist insurer to offer safety guidelines to assist shippers, forwarders, carriers and terminals to handle cargo carried in…
New five-in-one foldable marine shipping container to reduce cost, space, and carbon
World first ISO certified five-in-one shipping container set to improve the transportation and logistics industries’ efficiency and sustainability. Boca Raton, Florida, USA, Thursday 24th October 2024: Compact Container Systems (CCS) has launched…
INTERCARGO, the International Association of Dry Cargo Shipowners, has announced significant changes to its leadership following its Annual General Meeting. The new appointments will take effect from 1 January 2025.…
The Bayes Costas Grammenos Centre for Shipping, Trade and Finance marked its 40 anniversary by hosting the 5th Athens Triennial Meeting Global business leaders, diplomats, policymakers and senior academics gathered…