Wärtsilä and the Korean shipbuilding company Samsung Heavy Industries (SHI) have signed a joint development program (JDP) agreement aimed at developing ammonia-fueled vessels with 4-stroke auxiliary engines available for future Continue Reading
Los Angeles/Long Beach beats Hong Kong to 9th busiest port in H1 2021 Top 20 ports see 13% volume growth, but freight rates surge by 346% Port congestion keeps ships Continue Reading
The queue of container ships waiting to berth at the Los Angeles/Long Beach port complex grew to a record 60 vessels as the ports remain inundated with import volumes during Continue Reading
One of the world’s biggest shipping lines has decided to stop increasing spot freight rates on routes out of Asia to Europe and the U.S. as it sees an end Continue Reading
Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here . The global shipping industry is getting its biggest payday since Continue Reading
Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here . The number of container ships waiting to enter the largest Continue Reading
The world’s third-largest container carrier said it’s capping spot rates for ocean freight for the next five months, yielding to pressure from some customers and regulators concerned that global trade Continue Reading
Leaders of some of the busiest U.S. ports expect congestion snarling maritime gateways to continue deep into next year, as the crush of goods from manufacturers and retailers looking to Continue Reading
Highlights Naphtha, grains, LNG shipments delayed Jet fuel trade flows may increase Clean tanker freight supported Global shipping markets have been roiled by major disruptions after Hurricane Ida made landfall Continue Reading
The world’s fleet of giant supertankers is the oldest it has been since 2002, the latest sign of an illicit trade that owners say is damaging business. Publicly traded shipowners Continue Reading
