News
Britain faces fresh supply chain crisis with world’s worst waits – while Omicron strikes China
Data obtained by i shows the UK has been particularly badly hit by the logistics snarl-up caused by factors from the pandemic to Brexit Britain last yea...
Yang Ming Opts for LNG for New 15,000 TEU Containerships
Taiwanese ocean carrier Yang Ming Marine Transport has announced that it’s board of directors have approved a plan a equip five 15,000 TEU newbuild containersh...
ZIM secures new chartering deal for three 7,000 TEU LNG dual-fuel vessels
ZIM has announced a new eight-year charter agreement with a shipping company that is affiliated with Kenon Holdings Ltd, which is ZIM's largest shareholder holdi...
Worn-Out Containers Raise Risk for Shippers and Ships, Warns TT Club
PUBLISHED JAN 19, 2022 9:51 PM BY THE MARITIME EXECUTIVE In a circular released Tuesday, cargo insurer TT Club highlighted a little-considered risk of the on...
Shippers challenge container line demurrage fees in US courts
Shippers set to challenge “disingenuous” shipping lines to claw back demurrage fees at Los Angeles and Long Beach ports. Rainbow Nelson | Jan 21,...
Launch of 5G tomorrow will bring US air commerce to a halt, say airlines
By Alex Lennane 18/01/2022 US commerce by air will “grind to a halt” tomorrow, with airlines forced to ground aircraft, unless there is&...
Yang Ming finally places order for five 15,000 teu newbuildings
By Martina Li in Taiwan 17/01/2022 Yang Ming is to finally make a long-awaited order for neo-panamax newbuildings, more than a year after its peers bega...
Saudia Cargo hopes to add Europe-US freighter flights
Saudi Arabian Airlines is hoping to add a new freighter service between Europe and the US but has met some resistance from US carriers over the plans. In late Dec...
2022 shipping costs ‘will be higher than ever before’
Costs for shipping goods by container will be higher in 2022 than ever before, even if spot rates soften, according to Xeneta chief analyst, Peter Sand. Sand open...
European LNG Shortage Pulls More Tankers Away From Asia
By Sergio Chapa (Bloomberg) Higher natural gas prices and lower shipping rates are increasing the draw of U.S. liquefied natural gas cargoes to Europe over...
06 January 2025
Hurricane Beryl trims cargo volumes in Houston and New Orleans
25 January 2025
Container freight rates tumble
08 February 2025