Cities capitalise on global trends like urbanisation, e-commerce, and supply chain reconfiguration.
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.