U.S. shipping industry stakeholders told the Transportation Department they “expected increased congestion at some U.S. container ports in the next four to six weeks as shippers re-route cargo to avoid the Red Sea,” the department said on Friday.The…
Red Sea Crisis Expected to Increase US Port Congestion Read More »
What has been happening in shipping this week?
A new table published by the International Chamber of Shipping (ICS) indicates continuing positive performance by the vast majority of the maritime industry’s flag states.Merchant ships are required to register under a flag state, which determines…
ICS Publishes Flag State Performance Table Read More »
New York-based mutual rating has been adjusted from BBB- to BB+ stable
American Club slams new S&P Global ratings model after ‘unfavourable’ downgrade Read More »
Turkish tug builder Sanmar at the close of 2023 delivered a fifth tug to Mersin International Port, Turkey’s largest container port.Known as BOĞAÇAY LIX while under construction at Sanmar’s purpose-built eco-friendly shipyard, the newbuild multi-purpos…
Sanmar Delivers Tug to Turkey’s Mersin International Port Read More »