“When only six ships with a capacity of 4,746 TEU were contracted in the fourth quarter of 2023, many might have thought that the container ship contracting spree that began in 2021 had finally cooled. However, the appetite for new ships remains high a…
Container ship contracting spree now exceeds 10 million TEU Read More »
The summer holidays are over and this is the time of the year when children go back to school and when many logistics procurement managers start to plan their annual transport bids for calendar year 2025. So, what are the key considerations to pay atte…
2025 ocean bids – 4 key considerations in a disrupted market Read More »
The Greek-flagged crude oil tanker Sounion that was recently attacked by Yemen’s Houthis is still on fire in the Red Sea and now appears to be leaking oil, a Pentagon spokesman said on Tuesday.The Sounion was targeted last week by multiple projectiles …
Houthi-hit Tanker Sounion Appears to Be Leaking Oil Read More »
Nearly 20,000 workers across major Indian ports, who had threatened to go on an indefinite strike from Wednesday, called off their walkout late on Tuesday, after agreeing to a new five-year deal.The agreement averted further issues in an already-strain…
Indian Port Strike Averted After Last-minute Wage Deal Reached Read More »
Owner locks in $30m gain from vessel sale to parent
Brookfield’s Altera Shuttle Tankers delivers stronger than expected profits surge Read More »