A proposal from the United States Trade Representative’s (USTR) office that would charge Chinese ships up to $1.5 million to call at U.S. ports could disrupt ocean carriers and potentially cause ...
A supply and demand imbalance continues to weaken pricing on U.S. container trade routes as ocean carriers chase a softer ...
In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. “The 2023 record is now likely ...
MPC Container Ships ASA ( ($MPZZF) ) just unveiled an update. MPC Container Ships ASA has announced several strategic initiatives, including ...
Attacks on container vessels in the Red Sea have been wreaking havoc on one of the world’s most important trade routes for weeks, and shipping giant Maersk warned Thursday that the disruption could ...
"Assuming a significant increase in recycling of older ships and a reduction in average sailing speeds, we forecast that ...
Cyprus Mail on MSN
Suez Canal return could dent global container ship demand
A potential return to normal Red Sea and Suez Canal routings looms large over the container shipping market outlook, with the shift expected to have a material impact on ship demand and overall market ...
Congestion at the Port of Singapore has gotten so bad that 90 percent of container ships are arriving at the site later than scheduled, Singapore’s transport minister Chee Hong Tat told the country’s ...
Larger ships don’t necessarily increase accident rates, but the damage they cause can be more catastrophic. The massive container ship that toppled Baltimore’s Francis Scott Key Bridge isn’t anywhere ...
The ongoing supply and demand imbalance is driving down container prices on U.S. trade routes, as ocean carriers deploy more ships in a soft market. Spot rates as of Dec. 11 from Asia to the U.S. West ...
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