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Threat of labour action spreads to Canada’s west coast
The threat of strikes looms over key Canadian ports of Vancouver and Prince Rupert, important gateways for US cargo, and comes as coastwide labour actions are impacting operations in US west coast terminals
Feeder boxship charter rates under pressure as supply rises
Maersk drafts in European Commission president to name first methanol boxship
PMA says west coast disruption continues as retailer association urges White House intervention
X-Press Feeders orders up to eight dual-fuel boxships at Huangpu Wenchong Shipbuilding
The Lloyd’s List Podcast: What US-China decoupling means for shipping
ONE chief executive Jeremy Nixon says carriers need to stay ‘lean and agile’ to deal with long-term geopolitical shifts, including widening divisions between the US and China that are changing container shipping trade flows
MOL chairman outlines vision amid shipping’s biggest challenges
Amid unprecedented global uncertainties, MOL aims to protect earnings by reducing exposure to volatility and diversifying its businesses. The steadier cash inflow resulting from these changes will help the Japanese giant address another vital industry challenge: decarbonisation
Feeder boxship charter rates under pressure as supply rises
Time charter rates for smaller boxships are coming under pressure for the first time in several weeks but rates are holding firm for larger boxships due to limited supply
Maersk sells 24-year-old boxship for recycling
Maersk has sold the 1,092 teu capacity Maersk Atlantic to Indian shipbreakers under Hong Kong Convention green ship recycling terms
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The week in charts: Box carriers push through transpacific rate increase | Western insurers cover two thirds of Russia’s Baltic and Black Sea oil exports | Iran oil exports reach record levels
Minor bulk commodity movements decline or remain flat in 2023, alternative fuel vessel orders steady in May and grain deal exports under the Black Sea Grain Initiative plummet
The week in newbuildings: Vehicle carrier orderbook hits 142 ships
The combined capacity of the pure car and truck carrier orderbook has now reached 28% of the existing fleet in operation
Top 10 carriers’ market share drops after pandemic
MSC is the biggest winner of market share while Maersk and Cosco suffer the largest fallback, according to Sea-Intelligence
Shipping industry no longer an emissions laggard, says ClassNK chief
Shipping, alongside aviation, is one of the very few globally operating industries that is taking collective efforts in cutting emissions under a global regulatory framework, says Sakashita. But more needs to be done to achieve the 2050 targets
Panama Canal draught restrictions could leave carriers ‘high and dry’
A lack of rainfall has led to escalating draught limitations, with another curb scheduled for the end of the month, which would place the limit at 43.5 ft. Each incremental cut has ‘significant’ volume ramifications, Xeneta’s Peter Sand says
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Latest From Ports and Logistics
Threat of labour action spreads to Canada’s west coast
The threat of strikes looms over key Canadian ports of Vancouver and Prince Rupert, important gateways for US cargo, and comes as coastwide labour actions are impacting operations in US west coast terminals
Abu Dhabi Ports develops ship repair facilities
Crystal Offshore will build a ship repair yard within Khalifa port, while MTQ Corporation plans to set up a fabrication and repair facility for oilfield equipment at a nearby industrial park
PMA says west coast disruption continues as retailer association urges White House intervention
The Pacific Maritime Association says dockworkers continue to disrupt operations in key west coast ports for a fourth consecutive day. Meanwhile, the US National Retail Federation has again urged the Joe Biden administration to intervene in the workforce negotiations
More from Containers
Are you sure you'd like to remove this alert? You will no longer receive email updates about this topic.
Latest From Containers
MOL chairman outlines vision amid shipping’s biggest challenges
Amid unprecedented global uncertainties, MOL aims to protect earnings by reducing exposure to volatility and diversifying its businesses. The steadier cash inflow resulting from these changes will help the Japanese giant address another vital industry challenge: decarbonisation
Threat of labour action spreads to Canada’s west coast
The threat of strikes looms over key Canadian ports of Vancouver and Prince Rupert, important gateways for US cargo, and comes as coastwide labour actions are impacting operations in US west coast terminals
Maersk drafts in European Commission president to name first methanol boxship
‘The European Commission, and especially its president, have been instrumental in steering the European continent towards an ambitious, green future,’ says Maersk
Long-term demand for shipping to fall, says Nobel Prize-winning economist
Investment decisions being made today must take into account the future global economy
Feeder boxship charter rates under pressure as supply rises
Time charter rates for smaller boxships are coming under pressure for the first time in several weeks but rates are holding firm for larger boxships due to limited supply
GSBN and GCMD join forces to enhance data sharing for green shipping
The partnership aims to combine GSBN’s strength in data infrastructure and GCMD’s technical expertise in decarbonisation
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