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Container market stability and reliability need to be restored says ESPO

The European Sea Ports Organisation (ESPO) stresses the importance of restoring the stability in the market, increasing the schedule reliability, as well as guaranteeing...

Pfizer potential coronavirus vaccine pushes up bunker prices

Oil and fuel prices rose this week after Pfizer announced that its vaccine would be more than 90% effective for the coronavirus, according to...

Coronavirus development determines fuel price trend

The market is assessing the stalled recovery in fuel demand as countries continue to battle the coronavirus pandemic with rolling Covid-19 lockdowns. This has created...

OOCL proceeds with mega-vessels order despite the pandemic challenges

Orient Overseas Container Line (OOCL) has announced it will follow its long-term plans and will proceed with its March order of five 23,000TEU container...

Covid-19 cluster emerges at HK’s Kwai Tsing Container Terminal

Hong Kong's Centre for Health Protection (CHP) has identified a growing Covid-19 cluster in Hong Kong's Kwai Tsing Container Terminal, with many of the...

Covid-19 to have long-term industry impact, says Hapag-Lloyd CEO

The economic repercussions of the Covid-19 pandemic in many parts of the world will continue to dominate for some time, according to Hapag-Lloyd, as...

Allianz expects pandemic to result in rise in machinery issues

Maintenance issues and cargo fires are among the most significant risks for cargo vessels in this period of the pandemic, according to insurance company...

Building resilience is key to securing future supply chains

As the initial jolt of the global pandemic subsides and businesses begin to analyse how they coped with economic shocks created by Covid-19, Maersk...

Challenging Asian market sees additional service cancellations

Maersk has decided to implement new blank sailings due to market demand reductions in Far East Asia, Indian Subcontinent and Pakistan caused by the...

Erratic rate discipline undermined the lines in 2011, can they hold their nerve in 2020?

A senior analyst believes that the crucial test for the carriers will come when the battle against the Covid-19 virus has turned in the...
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The Indian Ocean Rivalry

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Statkraft advances plans for green hydrogen scheme at Hunterston

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Port of Bilbao wraps up busiest month for cruise traffic

May has marked a record month for cruise activity at the Port of Bilbao’s terminal in Getxo, with 18 cruise ship calls bringing over...

Tripoli port shutdown sparks maritime crisis in Libya

Libya’s shipping sector is teetering on the edge of collapse as fresh waves of political violence erupt in Tripoli, crippling key port operations and...
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