Red Sea uncertainty has led to negotiations to secure higher freight rates, Xeneta’s research shows.
Reducing a ship's speed by 10% can lower emissions by almost 20%. – John Maggs, Clean Shipping Coalition
Freight forwarders continue to contend with inefficiencies at ports and across the transport network.
Jiangnan Shipyard has landed an order for 12 LNG dual-fuelled 18 000-TEU newbuilds.
The vessel went off course due to a GPS jamming incident, which is common in the region.
The rescue team will wait until a big spring tide to make a fourth attempt to refloat the vessel.
MSC remains firmly in the lead, boasting a fleet, including orders, totalling 8.47 million slots.
Trade disruption, increased rates and possible labour benefits have been referenced by various sources.
Teams commenced with inspections of vessels in Gqeberha this week as part of the national safety audit.
Officials tried three times over a 24-hour period to extricate the vessel from its position.
Prime Minister Abiy Ahmed’s visit to Somalia marked a renewed phase in bilateral relations.
Cadets will gain critical sea time training aboard the shipping line’s vessels.
More than 80% of current containerships calling at US ports could be hit by US tariff fees as they are envisaged, says Drewry.
