Carriers are focusing on maintaining market share during slower periods.
The incoming US President has intensified his criticism of Panama over the fees charged for using the waterway.
The shipping line has announced new services to enhance its network between Southern Africa and Europe.
Incidents involved a large number of perpetrators, most of whom were armed with guns and knives.
The diversion of ships around the Cape will likely remain in place for another six months.
The new generation the industry is hoping to attract is increasingly looking for alternative lifestyles and hybrid working environments.
The bulker had previously failed port state control inspections for firefighting equipment deficiencies.
Algoa Bay has long been a maritime hub due to its strategic location on major global shipping routes.
FMC wants clarity on matters that were not addressed by the filing parties in the originally filed agreement.
Working towards net zero seems to have become less of a priority during the chaos of 2024.
"However, we anticipate a slowdown in ship demand growth in the second half of 2024 due to weaker cargo volume growth."
The IMO has recognised the Captain and crew of the tanker for their exceptional bravery at sea.
