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Maritime News
Maritime News, ships, container ships, cargo, panamax, bulk carriers, containers, port terminals,
OOCL reports first revenue decline since 2020
According to Alphaliner, OOCL reports its first unaudited revenue decline since the first quarter of 2020.
Maersk orders another six methanol-powered ships from Hyundai Heavy Industries
Despite market demand prospects and political instability, Maersk orders six methanol-powered ships from Hyundai…
Alphaliner: Inactive fleet spikes on Golden Week
The inactive containership fleet showed a sharp tick upwards at the start of October as the impact of China’s…
World Trade Organization (WTO) cuts trade forecast for 2023
War, low demand, COVID, weather events, high energy prices: WTO World Trade Organization cuts 2023 trade forecast.
Retailers cancel orders due to high inventory levels
Walmart, Target, Macy's and Kohl's cancel orders to balance high inventory levels, assures Tom Ryan from…
Alphaliner: Excess delivery of new container ships in 2023 & 2024
Despite weak demand, decline in charter rates and freight rates, record delivery of new containerized vessels is…
Drewry: Strikes would prolong port congestion until 2023
Strikes at ports, refineries, and railways around the world would prolong port congestion until 2023 despite…
Alphaliner: Maersk Autumn Factbox
Acquisitions
Maersk is prepared to pay firm prices for acquisitions in the belief it can quickly ’supercharge’…
ABS: Digitization is the salvation of shipping
Digitization is the path to salvation for shipping, says Paul Sells is Global Director of Digital Solutions at ABS,…
Shipping rates for Liquefied Natural Gas LNG through the roof
Pareto analyst Eirik Haavaldsen predicted that liquefied natural gas shipping rates could top $1 million a day in…