In the second part of our 2023 shipping market outlook series we are focusing on the container sector with Maritime Strategies International (MSI) analyst Daniel Richards. He tells the Seatrade ...
Sand opened his weekly rates update with a forecast that container lines’ strong position in negotiations for long term rates and shippers’ desire to secure capacity will lead to fixing higher ...
Many responsible shipowners and charterers are saying they will not transit through the Red Sea and the Suez Canal because of the inherent risk that exists, said Angad Banga, COO of the Caravel ...
In a five-part series mid-year we take stock of shipping markets in the first six months of the year and look ahead to the remainder of the 2024 with experts Maritime Strategies International (MSI).
Export container volume increased 9.2% while the domestic volume grew 6.6%. Growth of export container volume mainly comes from empty container returning. Cargo throughput at major coastal hub ...
At present to pick up a container at a terminal in the port, a unique PIN code is required, however, this is subject to the risk of abuse. The CPu platform receives and processes the container ...
Container line earnings have been on a downward trajectory since the peak of pandemic-induced rate hikes in the second quarter of 2022. The downward spiral brought a net loss across the largest ...
First quarter revenues of of $4.6bn were down from $6.0bn in Q1 2023, with group profits of $325m compared to $2.0bn in Q1 2023. The drop in earnings follows an industry-wide trend in recent ...
In a five-part series mid-year we take stock of shipping markets in the first six months of the year and look ahead to the remainder of the 2024 with experts Maritime Strategies International (MSI).
AD Ports will invest $200 million over three years, aimed at developing “a state-of-the-art facility” and will be the first internationally operated port serving the Upper Egypt region.
“This is one of the main pillars of the Vision 2030 Document, which is being given shape at the moment,” said Director-General of Shipping (DGS), Amitabh Kumar, while helming a session on ...