China blockade raises container prices
The number of container ships waiting off Qingdao, one of China’s biggest ports, is continuing to rise as the…
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Shipping
The consequences of the war are being felt in the shipping lanes.
Importers from London to Warsaw will face higher shipping costs, more and many sanctions hurdles to navigate as a…
Dae Sun delivers the STAR RANGER (936 teu)
Namsung Shipping has taken delivery of the 936 teu STAR RANGER, the second of two ‘Dae Sun 1000 Mk-II’ sisters that…
Growing shipping congestion at world’s largest port
Ships wanting to avoid delays caused by Covid in China are heading to Shanghai, leading to growing congestion at…
Failure of carriers’ schedules generates consequences
Widespread port congestion, equipment shortages and a lack of vessels will mean that a return to "normalcy" in…
U.S. joins effort to decarbonize global shipping
The United States will push the International Maritime Organization toward net-zero emissions by 2050.
Day traders take advantage of Suez blockade
As soon as retail investor Calvin Froedge heard that a huge container ship was stuck in the Suez Canal, he opened…
Shipping’s dark side is revealed behind high container tariffs
The dark side of Shipping is visible after high container rates based on speculative quotations
U.S. refiners cut back on vessel hiring
U.S. refiners are reducing vessel hiring for longer periods to save costs, in another sign of uncertainty over when…
Japanese banks sign up to the Poseidon Principles
Japan's leading banks have signed up to an initiative linking shipping finance to carbon dioxide emission…