Box lines were already struggling with port congestion and inland haulage delays. The added disruption means any recovery will be pushed well into the third quarter
New Jersey is seeking to withdraw from a bi-state commission that monitors corruption at New York’s port complex
Small-scale ships capable of multi-tasking stand to benefit from better utilisation as LNG demand, which is tied to power generation, tends to be seasonal. While the commodity still needs time to gain enough clout as a marine fuel
‘Jacksonville is quickly emerging as an alternative port for shippers looking to avoid congestion,’ says chief executive. ‘We’re big enough to handle the business but we are not too big where we don’t pay attention to details’
China has been chasing European Union investment in Africa, and the gap is narrowing rapidly. But there are concerns over increasing African debt to Beijing, which is beginning to cause some tension
Fujairah International Oil & Gas Corp told the US District Court for the District of Columbia that the US government seized the property ‘while subject to coastal state authority in a foreign nation (UAE) aboard a foreign-flag vessel and while subject to a supply contract governed by UAE law.’
Crete’s main port goes up for sale shortlists of approved bidders are unveiled for northern Greek ports Alexandroupolis and Kavala
‘Our function is very much like an air traffic control tower to ensure safe, secure, efficient, reliable, and environmentally sound, maritime transportation so that people in the ports can then move the cargo to its destination,’ he says
Vaccine passport protocols in line with World Health Organisation recommendations need to be followed globally as vaccinated seafarers are critical to keeping the world supplied with personal protective equipment and vital goods, argues chief executive Capt Unni
The Suez shutdown exposed the fragility of global supply chains, but what about other black swan events that could potentially buoy or sink a market? This month’s market outlook offers a maritime edition of the classic board game snakes and ladders, where the team roll the dice and consider the long list of market ‘what ifs’ that will ultimately determine the fate of maritime markets more than any traditional notions of supply and demand forecasting
Associated British Ports has signed a deal with Verizon Business to build a private 5G network at the port of Southampton. It said the faster network could help lead to asset tracking, autonomous vehicles, predictive maintenance and safety monitoring
‘Bulk carriers on tramp trading call at many more ports than other shipping sectors and are at the mercy of the nationalised vaccination policy, applying at the port of call,’ said Intercargo president Dimitris Fafalios
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