Cyclone Gabrielle: Thousands left without power in New Zealand
Some 46,000 homes have lost power as Cyclone Gabrielle lashes the north of New Zealand. Authorities have issued warnings of heavy rain...
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kelly5792
Feb 10, 20231 min read
Drewry’s World Container Index sinks below $2,000 per feu
The Drewry World Container Index ducked below the $2,000 per feu mark today for the first time since July 30, 2020.
donavan626
Feb 9, 20231 min read
$662m made available for American port development
The US Department of transportation’s Maritime Administration (MARAD) has made $662m available for port infrastructure development this year
donavan626
Feb 8, 20232 min read
Earthquake death toll rises in Turkey and Syria, with supply line chaos
The 7.8 magnitude earthquake that hit Turkish and Syrian border towns , has caused serious shipping disruption
donavan626
Feb 6, 20232 min read
Liners now in the red on a mark-to-market basis
Sam Chambers from investment bank Jefferies. Mark-to-market is an accounting practice that involves adjusting the value of an asset to...
donavan626
Feb 2, 20232 min read
Surge in freighter orders by carriers, despite 'paradigm shift' in air cargo
Air cargo capacity may still be down by as much as 10% on pre-pandemic levels, but over-supply could soon be the story, as freighter...
donavan626
Jan 31, 20231 min read
Port of Long Beach aims to become the world’s first zero-emissions port
Port of Long Beach executive director Mario Cordero last week declared 2023 the “Year of Imagination” for the port
donavan626
Jan 30, 20233 min read
Cargo back to 'playing second fiddle' at US carriers, but has momentum
Like its US rivals United and Delta, American Airlines cargo revenue slipped, year on year, but still managed to rake in over $1bn.
donavan626
Jan 26, 20231 min read
Liner alliances up in the air as MSC and Maersk give separation notice
Liner shipping is ready for an immense scrap as it braces for a downturn with the fabric of its alliance structure now under severe strain.
donavan626
Jan 24, 20233 min read
Breakthrough year in autonomous shipping as international collaboration ramps up
2022 was a year of breakthroughs in autonomous shipping, opening the way for further significant progress in the coming 12 months
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