Soft Demand Pushes Ocean Spot Rates to ‘Lowest Sustainable Level’
According to the latest report from “Maritime Strategies International” (MSI), the declining rates will continue as before, this due to... Continue Reading
Marine data market consolidation continues as Vason launches offer to VesselsValue.
Veson Nautica, a cargo management solution provider, has announced its intention to acquire expert vessel assessment company VesselsValue, a sign... Continue Reading
Positive Sentiment Keeps Container Shipping’s Charter Market Afloat
Upbeat demand forecasts and the prospect of a better peak season this year are fueling a rebound in the containership... Continue Reading
China Says It Plans Naval Exercises with Russia, South Africa
China said it will hold naval exercises with Russia and South Africa in the month of February to protect maritime... Continue Reading
Railroad robberies in Mexico drop from January to October 2022
According to the Rail Transport Regulatory Agency (ARTF), between January and October 2022, rail cargo theft in Mexico registered a... Continue Reading
China And Australia: How Coal Shipments Resumed After Two Years Of Tension
According to Ben Westcott, China’s trade relations with Australia showed concrete signs of thawing with coal shipments resuming after more... Continue Reading
Ultra-Competitive Freight Market Emerges for China’s Export
A parallel freight market is emerging for exports from China that undercuts the lowest container spot rates. Asia-North Europe ocean... Continue Reading
TL PACÍFICO and CTS develop new route from Houston to Chile
TL Pacífico Group, together with its sister company CTS, developed a new export route from Houston, USA to San Antonio,... Continue Reading
How big are the largest ocean container ships in the world?
The Evergreen Marine company launched in June the largest container ship called Ever Alot. The vessel has a capacity of... Continue Reading
Tianjin Port Collaborates with Huawei Technologies Co. Seeking Port Automation
One of the world’s largest ports is working to fully automate all port operations, in an attempt to tackle supply... Continue Reading