What were described as “seemingly interminable queues around the world” have taken out 11% of global containership capacity across 2021 while volumes grew at 7%. In normal times around 2% of ...

Inbound volumes of 1.9m teu were the lowest since February 2021, according to analysis from the McCown Report. Highlighting a difference in fortune between coasts, East coast imports were up 9.5% ...

The vessels will be constructed by New Times Shipbuilding and then be leased to a third party. CDB Leasing aims to further increase the market share of the company in shipping market. In the ...

The three Shanghai-based flagship shipyards of CSSC have 183 newbuilding orders on hand which will keep them busy till 2027. Last year the three yards delivered 48 vessels in 2022 and newly ...

In its weekly opinion piece, Poten and Partners said dirty cargo volumes in 2021 were similar to 2020 levels, which were in turn 16% lower than 2019’s pre-pandemic figures. The company’s data ...

Stay updated with the latest headlines and in-depth coverage by diving into our articles from day five of Posidonia 2024. The latest edition of the Panama Maritime Review focuses on the critical ...

The deal was entered into by Florens Container Investment, an indirect wholly-owned subsidiary of Cosco Shipping Development Co (CSDC), with the seller CLC II, an investment holding firm ...

For the first eleven months, China’s shipbuilding output was 35.88m dwt, an increase of 7.9%; the newly received shipbuilding order was 63.64m dwt, increasing 182.6%. At the end of November ...

Between 11 and 29 December 2020 some 129 containers were successfully discharged from the 14,000 teu vessel operated by Ocean Network Express (ONE). Discharge operations are set to resume on 5 ...

PPC is a subsidiary of Hutchison Ports Holdings and administers the ports of Balboa on the Pacific side and Cristobal on the Panama Canal Atlantic entrance. Several economic sectors called for a ...

When the eight 16,000 teu vessels are delivered from Q1 2024 they will enable to Maersk to offer carbon neutral shipping to its customers on mainline ocean trades – a first for the industry sector.

The electric and rail-mounted new automated cranes will increase the terminal storage capacity by 25% in the coming months, from 27 to 34 automated blocks. The first new block is expected to be ...