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cargo shipping

Tuesday, November 28, 2023
Aerial view of containerships at the port of Southampton

Fleet-Heavy Ocean Carriers Also Stuck With too Many Containers

By Mike Wackett (The Loadstar)- Not only do ocean carriers have too many ships, they also have too many containers to fill vessels that are being deployed. In

November 28, 2023
Total Views: 4932

Thursday, November 16, 2023
Tugs support a bulk carrier arriving at an iron ore terminal. File image: Shutterstock/tcly

India’s JSW Wins Order to Develop Port in Karnataka State

BENGALURU, Nov 16 (Reuters) – JSW Infrastructure, India‘s No.2 commercial port operator, said on Thursday it won an order worth 41.19 billion

November 16, 2023
Total Views: 1298

Tuesday, October 31, 2023
An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock

Panama Canal to Slash Daily Transits Further Due to Drought

PANAMA CITY, Oct 31 (Reuters) – The Panama Canal, one of the world’s main maritime trade routes, will further reduce daily ship crossings in the

October 31, 2023
Total Views: 4332

Wednesday, October 25, 2023
General view of Ashdod port, Israel October 23, 2023.

Israel’s Ashdod Port Toils Under Shadow of Rockets

ASHDOD, Israel, Oct 25 (Reuters) – When wailing sirens warn of incoming rockets from Gaza, workers at Israel’s Port of Ashdod

October 25, 2023
Total Views: 1204

Tuesday, October 10, 2023
Maersk ship entering the Port of Rotterdam. Photo: Shutterstock

Container Shipping Lines to Lose EU Antitrust Exemption from 2024

BRUSSELS, Oct 10 (Reuters) – Cargo shipping companies will from next year no longer enjoy a decades-long exemption from EU rules

October 10, 2023
Total Views: 1469

Thursday, October 5, 2023
Low Water Hampers Rhine River Shipping in Germany

Low Water Hampers Rhine River Shipping in Germany

HAMBURG, Oct 5 (Reuters) – Low water levels after recent dry weather are preventing cargo vessels from sailing fully loaded on the Rhine river

October 5, 2023
Total Views: 1629

Monday, October 2, 2023
msc ship in port

MSC to Buy 50% of Italian Passenger Rail Group

MILAN, Oct 2 (Reuters) – Shipping group MSC has entered into a binding agreement to acquire a 50% stake in Italian passenger

October 2, 2023
Total Views: 1566

Tuesday, September 19, 2023
Aerial top view of a containership underway
Engineering News

Maritime Industry Explores Nuclear Power for Ships as Technology Opens up

LONDON, Sept 19 (Reuters) – The maritime industry is exploring whether nuclear fuel can be used to power commercial ships as advancements in

September 19, 2023
Total Views: 1746

Monday, September 18, 2023
FILE PHOTO: Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, as it sails in the Strait of Gibraltar towards the port of Algeciras, Spain January 19, 2023. REUTERS/Jon Nazca/File Photo

Big Emissions Bills Are Coming for Ships in Europe

(Bloomberg) — Ships carrying everything from consumer goods to food and fuel in and out of the European Union will soon face hefty emissions bills. The

September 18, 2023
Total Views: 4287

Tuesday, September 12, 2023
Flexport CEO Ryan Petersen at Davos

Petersen Returns to Revive Flexport Profits, Trade-for-All Goals

(Bloomberg) — Flexport Inc. founder Ryan Petersen said ex-Chief Executive Officer Dave Clark’s ouster means the once high-flying freight technology

September 12, 2023
Total Views: 389

Wednesday, September 6, 2023
lng carriers in Panama Canal

Panama Canal Water Levels at Historic Lows, Restrictions to Remain

PANAMA CITY, Sept 5 (Reuters) – The Panama Canal‘s water levels have not recovered enough as the end of the rainy season approaches and

September 6, 2023
Total Views: 2530

Monday, August 21, 2023
The Ever Max ready to transit the Panama Canal. Photo courtesy Panama Canal Authority

Historic Drought, Hot Seas Slow Panama Canal Shipping

LOS ANGELES/HOUSTON, Aug 21 (Reuters) – Before the Ever Max ship carrying lava lamps, sofas, Halloween costumes and artificial Christmas trees could

August 21, 2023
Total Views: 3083

Thursday, June 1, 2023
Yang Ming containership

Taiwan Shipping Firms Set to Hand Out Bumper Bonuses Again

(Bloomberg) — Taiwanese shipping companies are handing out bumper mid-year bonuses despite a slump in global cargo as the industry continues to benefit

June 1, 2023
Total Views: 2615

Monday, May 7, 2012
ship freight rates

A Crazy Roller Coaster Ride…Importers and Exporters May See Doubled Freight Rates by 2015

-By Can Fidan, MTS Logistics As we all know, the current situation in the shipping world is that there is a large lack of demand against the current overall

May 7, 2012
Total Views: 3

Wednesday, August 17, 2011
BIMCO: Freight Rates Slide Seen Continuing On Vessel Oversupply

BIMCO: Freight Rates Slide Seen Continuing On Vessel Oversupply

LONDON (Dow Jones)–Dry bulk freight rates, already down 30% in value since the start of 2011, are likely to fall further over the coming months as slower

August 17, 2011
Total Views: 4

Wednesday, February 23, 2011
Major Tanker Owner Confirms Suezmax To Load In Libya Friday

Major Tanker Owner Confirms Suezmax To Load In Libya Friday

LONDON (Dow Jones)–A suezmax vessel is due to load in Libya Friday with no issues expected despite the order by head of state Col. Moammar Gadhafi to

February 23, 2011
Total Views: 16

Wednesday, January 16, 2008

Maritime Law – Law of General Average

The law of general average is a legal principle of maritime law according to which all parties in a sea venture proportionally share any losses resulting from

January 16, 2008
Total Views: 53


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