In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. “The 2023 record is now likely ...
The French ocean carrier says a potential Red Sea reopening could unleash excess capacity just as global container demand ...
China has unveiled plans for a groundbreaking cargo ship that could change the future of global shipping. The vessel is set ...
A proposal from the United States Trade Representative’s (USTR) office that would charge Chinese ships up to $1.5 million to call at U.S. ports could disrupt ocean carriers and potentially cause ...
MSC's 21% global market share widens its lead over Maersk to 2.4 million TEUs, with its fleet now larger than Maersk (4.59 ...
The return of vessel queues outside Singapore, and many other ports for the first time since Covid, points to trouble in the system that transports 45% of global trade by value. At least 6-7% vessel ...
Along with its JV partners CMA CGM, it will invest $115mn within one year of the launch of the terminal at Khalifa Port ...
Larger ships don’t necessarily increase accident rates, but the damage they cause can be more catastrophic. The massive container ship that toppled Baltimore’s Francis Scott Key Bridge isn’t anywhere ...
Congestion at the Port of Singapore has gotten so bad that 90 percent of container ships are arriving at the site later than scheduled, Singapore’s transport minister Chee Hong Tat told the country’s ...
Houthi militia have reportedly ceased attacks on Israel and shipping in the Red Sea, and the impact could be seismic for ...
COPENHAGEN, Jan 26 (Reuters) - Global container ship capacity is expected to increase by 4.6 percent in 2016, the slowest growth rate in more than 25 years, giving some relief to an industry hammered ...