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BIMCO: Coal shipments to advanced economies down 17% so far in 2023

"In the first ten months of 2023, coal shipments to advanced economies fell by 17% year on year, as demand for electricity declined and...

Two Modes, Split Roads

Author of the article: Zvi Schreiber, CEO of Freightos Group At FreighTech 2023, the annual conference we hold each year to spark innovation and efficiency in...

Greeks and Chinese dominate global fleet market

"The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships owned...

South Korean orderbook analysis

The following infographic analyses the breakdown of vessels on order in South Korea, the top ordering nations, the key companies investing in South Korean...

Black Sea dry bulk exports up 13% y/y as Russian wheat exports rise

"Between January and October, dry bulk exports out of the Black Sea increased by 13% year on year, driven by Russian wheat exports. After...

IoT technology will differentiate dry container services

The Internet of Things (IoT) has been a largely untapped resource for dry container shipping. ORBCOMM’s new-to-the-market dry container monitoring solution offers unprecedented transparency,...

Maersk is transitioning towards greener future

The article was written by the Maersk team At Maersk, we currently oversee the operation of more than 600 self-managed logistics facilities worldwide and we...

Supply constraints continue in more pockets, but how low is the demand?

The addition of St. Lawrence's Seaway to the map of disruptions has added yet another key pocket of constraints. The Panama Dilemma has been...

Container ships reach highest average age on record of 14.2 years

"Container ships have reached their highest average age yet at 14.2 years, the highest average age of the three main shipping sectors. The dry...

Kale Logistics says 30% of ports not ready to meet IMO’s January 2024 digital mandate

The study involving 200 ports found that 30% are not ready to meet impending electronic data exchange regulations despite potential savings of US$50 billion. Kale...

Capesize order book slips to 5% of fleet as contracting falls

"At the start of October, the capesize order book was at 20 million DWT, a mere 5% of the capesize fleet. The contracting of...

Maritime Cyber Risk report: Shipping industry remains “easy target”, pays average US$3.2m in cyberattacks

New research has found that the maritime industry remains an "easy target" for cybercriminals and that the cost of attacks and demand for ransom...

Latest Posts

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...

China to counterbalance Panama setback through South America projects

As geopolitical tensions deepen and shipping lanes become politicized battlegrounds, China is recalibrating its approach to the Western Hemisphere. The recent retreat of CK Hutchison...

PIL christens new 8,200 TEU boxship

Pacific International Lines (PIL) named its latest 8,200 TEU LNG dual-fuel container vessel, Kota Ocean, at the PSA Terminal in Singapore. The vessel was named...

Singapore authorities away grounded container barge

Authorities in Singapore have towed away a container barge that ran aground off the resort island of Sentosa this morning (6 June). ...
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