A total of 62 seafarers from a Hafnia product tanker and VLCC ablaze in the South China Sea have been either rescued or accounted for. Marcus Hand | Jul 19, 2024 The Maritime & Port Authority of Singapore (MPA) said it was alerted to a fire onboard both...
Ship repair and maintenance businesses have traditionally lagged in new technology deployment. However, the prism through which we view and solve the challenges of these complex physical assets needs updating, writes Peter Jackson, vice president, Business...
The Port of Barcelona’s first phase of an offshore power system will enable two ships to be connected simultaneously at Hutchison’s BEST terminal. Marcus Hand | Jul 18, 2024 The first onshore power supply system (OPS) in the Port of Barcelona was opened on...
Spot container freight rates have surged to unexpected highs in the first half of 2024 due the Red Sea crisis, what will happen in the remaining months of the year. Marcus Hand | Jul 18, 2024 In a five-part series mid-year we take stock of shipping markets in the...
The Red Sea crisis has prompted shipping lines to re-consider the hub and spoke strategy and increase their direct services allowing the carriers to absorb excess capacity and reduce their vulnerability to port congestion. Antonella Teodoro and Nick Savvides | Jul 17,...
Container import volumes remain strong at U.S. ports and significantly ahead of 2023 levels despite the first signs of softening in the spot market prices. Yet the outlook remains strong spurred on by the resiliency of the U.S. economy and consumers’ willingness...
