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Near-collision in Panama Canal shows 'an accident is waiting to happen'
Near-collision in Panama Canal shows 'an accident is waiting to happen'
© Gualberto BecerraBy Charlie Bartlett, technology editorOOCL Utah’s near-collision on Sunday with a Panama Canal lock gate suggests a tragic and costly accident is waiting to happen, say experts.V...
2025-03-14
Under-pressure feeders now threatened by ocean lines' expansion
Under-pressure feeders now threatened by ocean lines' expansion
Wes AmelieBy Mike WackettHaving lost significant business as a consequence of the Russian invasion of Ukraine, commercial feeder operators in North Europe face reduced transhipment demand, together...
2025-03-07
South African trade moves away from air cargo as ocean rates tumble
South African trade moves away from air cargo as ocean rates tumble
Port Elizabeth © Wirestock Dreamstime.comBy Alex LennaneSouth Africa is set to see a shift from air freight as importers and exporters eye tumbling sea freight rates and improved ocean reliability....
2025-03-03
Newbuild ULCV armada will bring challenges for carriers
Newbuild ULCV armada will bring challenges for carriers
OOCL Spain. Credit OOCLBy Mike Wackett22/02/2023The timing couldn’t be worse: with consumer demand lethargic and inventory stocks stubbornly high, ocean carriers are preparing to receive an armada ...
2025-02-21
Foreign ships at Chittagong delayed as Bangladeshi lines eye their cargo
Foreign ships at Chittagong delayed as Bangladeshi lines eye their cargo
By Bangladesh correspondent  16/02/2023Foreign containerships calling at Chittagong are facing long delays before they can load containers at the port.Under the Bangladesh Flag Vessels Protection A...
2025-02-17
Carriers offer free cancellations, amendments and diversion from Iskenderun
Carriers offer free cancellations, amendments and diversion from Iskenderun
Mersin International Port. Credit MIPData analytics company Russell Group estimates the Iskenderun Port closure, following the devastating earthquakes in the region, could cost it around $679m by t...
2025-02-10
Cross-alliance cooperation on the increase as market weakens
Cross-alliance cooperation on the increase as market weakens
Port of Los AngelesBy Mike WackettOcean carriers are pulling capacity from Chinese export routes and redeploying the ships to more robust tradelanes with growth potential.Moreover, the weakness in ...
2025-02-03
Carriers take short-term rate hit and eye post-CNY demand surge
Carriers take short-term rate hit and eye post-CNY demand surge
© Mr.siwabud VeerapaisarnBy Mike Wackett13/01/2023Ocean carriers do not expect consumer demand in North Europe to recover until at least March, when they hope container freight rates from Asia will...
2025-01-16
More pressure on box ship charter rates, but MPVs sail smoother
More pressure on box ship charter rates, but MPVs sail smoother
© Mr.siwabud VeerapaisarnBy Mike Wackett10/01/2023Having lost about 80% of their daily hire rate values last year, the containership charter market has now stabilised – but the outlook for the sect...
2025-01-10
'Old faithful' reefer vessels will be forced out by new pollution rules
'Old faithful' reefer vessels will be forced out by new pollution rules
By Nick Savvides04/01/2023Conventional reefer ships that played a critical role in shipping perishables during the pandemic could be forced into retirement by new International Maritime Organizatio...
2025-01-07
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