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Trade lane competition set to feature in 2021

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Shippers should prepare themselves for greater competition between trade lanes in 2021, as global carriers capitalise on having the upper hand in upcoming contract...
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News

KOBC ups box leasing to HMM as shortages drag into 2021

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State-backed ship financing institution Korea Ocean Business Corporation (KOBC) has agreed to a third round of container leases with the country’s flagship liner operator,...
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Industry Opinions

Rail comes into sharp focus with the rise in the cost of seafreight

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The reallocation of freight flows between modes of transport in the first three quarters of 2020 led to an increase in the importance of...
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News

Pandemic shrinks Latin American economies to 30-year low

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Latin America’s economy has been set back almost 30 years as a consequence of the rapid contraction of economic activity resulting from the Covid-19...
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News

Covid-19 and China demand sends ripples across global reefer trades

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Demand for reefer equipment has been caused by a substantial demand increase in China where production for certain foods has crashed, causing a 40%...
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News

US buying frenzy a contrast to European market serenity

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In a typically English and understated way, one analyst thinks the US import market behaviour is “odd”, while another observer said, “we’re in unprecedented...
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News

Covid-19 hits COSCO Ship Holdings & CIMC earnings

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Domestic volumes were hit the hardest and weak demand was also a factor as COSCO Ship Holdings and China International Marine Containers both posted...
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Rates & Surcharges

Savvy lines act to protect cash flow

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Shipping lines have learned the lessons of the substantial fall in demand experienced during the financial crisis in 2008/9 and have managed capacity in...
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The Indian Ocean Rivalry

CN Premium Articles Alexandros Itimoudis - 0
The Indian Ocean has emerged as a strategic theater of competition between two Asian giants: India and China. India’s recent developments indicate a rapid expansion...
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Statkraft advances plans for green hydrogen scheme at Hunterston

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Europe’s largest generator of renewable energy has proposed the development of a green hydrogen facility at Hunterston, the former coal terminal in Ayrshire. Clydeport –...
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Port of Bilbao wraps up busiest month for cruise traffic

Out of the Box Alexandros Itimoudis - 0
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...
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Tripoli port shutdown sparks maritime crisis in Libya

CN Premium Articles Alexandros Itimoudis - 0
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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