The government is once again propping up the ports operator after credit rating agencies warned about its high debt level.
Shippers are cancelling block space agreements and charters, leading to $22 billion in lost revenue.
The carrier has 132 vessels on its order books, equivalent to 2.0-2.2 million TEUs of future capacity.
In June alone, refrigerated container throughput increased by 64% compared to the same period last year.
The fuel levy is the most effective and least invasive manner of raising funds for road infrastructure.
ITF reports 30% rise in seafarer abandonment, with 2 280 crew left without pay or aid.
LR has also refined its containership classification to better reflect the segmentation of fleets.
The critical question many businesses are asking is: How do we ensure we have the right skills in place?
Demand for critical minerals has been driving a parallel boom in energy infrastructure.
Shipowners and related parties must pay for environmental damage caused by the vessel’s sinking.
The switching off of vessel-tracking technology has been used of late by maritime vessels.