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Box lessor, CAI, sees utilisation top 99%
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US-based container leasing company CAI International has reported an average utilisation rate of 99.7% in the first quarter of this year, up 1.5% on...
Asiatic Lloyd’s DSIC is order first in eight-years
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German owner Asiatic Lloyd has ordered up to four ammonia-fuelled 7,100TEU ships from Dalian Shipbuilding Industry Company (DSIC), the shipyard's parent China State Shipbuilding...
Wan Hai introduces 10-ship South America service
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Wan Hai Lines is launching a new Asia-South America West Coast service in mid-May, and will assign ten 2,200TEU ships to this route.
The AS1...
Neo-Panamax order surge continues into 2021
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February saw 100 container ships ordered, the highest monthly demand on record according to Shipbroker Braemar ACM, mainly in the neo-Panamax range, 10-14,000TEU, with...
Hapag vessel quarantined as crew test positive
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Hapag-Lloyd reported today that a number of crew on board its vessel, Valencia Express have tested positive for Covid-19, and the vessel has now...
CMA CGM agrees reduced compensation after APL Le Havre collision
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The lawyer acting on behalf of 12 fishermen who died following a collision with the 10,136TEU APL Le Havre says the families of the...
South Korea’s Gwangyang port seeks international connections
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Gwangyang, South Korea's second-busiest container port, has attracted seven new service routes in Q1 2021, raising hopes for a recovery in throughput.
Affected by Covid-19,...
Project44 shines a light on Asian trucking
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Supply chain visibility specialists project44 will expand its real-time cargo tracking system to trucking services in China with the aim of achieving a truly...
Simplicity is the key for new generation fuels
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Current debates about the fuel of the future must be had with the understanding that there is no perfect solution, all future fuels will...
French carrier orders 22 container ships
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CMA CGM has ordered 12 LNG powered vessels and a further 10 conventionally powered ships from China’s state-run China State Shipbuilding Corporation (CSSC).
The carrier...
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Zodiac’s car carrier still burning, tugs to arrive on 9 June
Zodiac Maritime has appointed Resolve Marine to carry out salvage work on its burning car carrier, Morning Midas.
In a press statement released on 5...
GSTS expands in Europe with world’s first AI-powered collaborative optimisation solution
Global Spatial Technology Solutions (GSTS), a maritime AI company, has announced the expansion of its solution offerings to European markets.
GSTS has recently established an...
Capesize S&P activity drops around 48%
Written by Rebecca Galanopoulos, Senior Content Analyst at Veson Nautical
Using VesselsValue Timeseries, we examine how historical orderbook trends have influenced time charter rates and...
Transpacific container rates starting to spike on demand surge
Logistics markets and supply chains faced another confusing, dramatic few days last week as the US Court of International Trade ruled that President Trump...
