More newbuilding ordering activity was notable this past week. In its latest weekly report, shipbroker Allied Shipbroking said that it was “a positive week for the newbuilding market took place, with the LNG sector seemingly being the main driver right…
Newbuilding Market Draws More Investment Read More »
The ongoing war in Ukraine, sharp rises in global energy and food prices and spiralling rates of inflation continue to have a negative impact on the container shipping industry with the trading outlook for 2023 deteriorating further. Moreover, with sup…
Global pool of shipping containers to decline for the first time in 14 years Read More »
IMO 2030 and IMO 2050 Under IMO’s initial strategy, the shipping industry needs to reduce carbon intensity (CO2 emissions per transport work) by at least 40% by 2030. This figure almost doubles to 70% by 2050 and targets a complete phasing out by the e…
Decarbonisation developments and challenges: Plugging the gap with bridging fuels Read More »
Unions and the port should be able to come to an agreement because they have done so in years past, Los Angeles mayor Eric Garcetti says
Port of Los Angeles’ October container volume plummets as labour talks drag on Read More »
Ed Aldridge will retire next month to be replaced by supply chain veteran Peter Levesque
CMA CGM and American President Lines to welcome new president Read More »