High charter costs have made HMM join two giant ocean carriers MSC and CMA CGM in buying elderly secondhand feeder ships.
HMM’s spokesperson told Container...
Veson Nautical, a marine freight management solutions provider, announced its intention to acquire the UK online pricing platform VesselsValue.
The amount of the possible transaction...
The first month of 2023 was the busiest month for container vessel demolitions since July 2020, according to a recent VesselsValue report. A total of...
Introduction
Dry bulk and container shipping markets have exhibited sharp declines in earnings over the summer. Many have attributed this to a drop in congestion....
Several major container ports on the US East Coast are experiencing elevated levels of congestion, but a few remain relatively free flowing and uncongested.
As...
Boxship newbuilding prices are hitting new all-time highs, as container freight levels show no sign of a substantial correction anytime soon.
VesselsValue shows that on...
2021 was a record-breaking year for the maritime industry. The spread of three major Covid-19 variants had substantial repercussions for shipping: labour shortages, port...
BIMCO’s Documentary Committee has recently approved the AUTOSHIPMAN agreement to support the increasing number of remotely controlled vessels.
The AUTOSHIPMAN deal establishes a standardized contractual...
Norway-based maritime technology company, Shipnet has strengthened its senior leadership team with the appointment of a new finance director and HR director.
Paula Summers, who...
On 9 October, A.P. Moller - Maersk named its latest dual-fuel methanol container vessel “Alexandra Maersk”.
UK’s Maritime Minister Mike Kane, representatives of the International...
The recent inauguration of the East Java Multipurpose Terminal (EJMT) marks a significant development in Indonesia's maritime infrastructure, particularly for the bustling region of...