Export markets become “destabilized” as carriers “subsidize” capacity
Ocean carriers are scrambling to fill their vessels from China at deep discounts as minimum loads are not being met.... Continue Reading
A container ship sinks in the Red Sea after a fire
The Panamanian-flagged container ship is reported to have sunk in the Red Sea nearly a week after a fire broke... Continue Reading
Asia-Mexico sea freight “collapses” in September
According to the EAX Index, from Eternity Group, the cost of freight stood at a level of 3,762 dollars per... Continue Reading
Cargo in Mexican ports grows 3.0% from January to August
According to data from the Secretary of the Navy (Semar), the ports that receive international and cabotage cargo in Mexico... Continue Reading
China Moves To Erase Taiwan Strait Line
By Yimou Lee and Greg Torode (Reuters) For nearly 70 years an imagined line running down the Taiwan Strait between Taiwan and... Continue Reading
Police in Singapore have arrested ten people suspected of illegal bunker fuel sales
Officers from the Police Coast Guard made the arrests on August 4 during a joint operation with the Maritime and... Continue Reading
Container Shipping Lines Set to Smash Profit Record
The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by... Continue Reading
Ukraine sees grain exports restarting soon
Ukraine said it’s close to restarting grain shipments, although the timing will depend on go-ahead from the United Nations, which... Continue Reading
Ship Spills 30,000 Gallons of Fuel in The Bahamas
Some 30,000 gallons of fuel has spilled from a vessel in The Bahamas, a government official said Wednesay. The oil... Continue Reading
How congress aims to reduce carbon emissions in shipping
Legislators this week introduced the Clean Shipping Act of 2022, which if passed, would amend the Clean Air Act to establish... Continue Reading