How to make ‘the polluter’ pay as more carriers unveil ETS estimates
With the entry of the EU’s Emissions Trading System (ETS) into law just over a month away, shipping interests are increasingly grappling with how to apply ‘the polluter pays’ principle. At a...
View Article‘Stay cautious’ warning to carriers after suspected drone attack on box ship
Israel-linked ships are facing heightened risks on the Red Sea as targets for Iran-linked factions, as the conflict in Gaza continues. Over the weekend, three vessels with ties to Israel found...
View ArticleCarriers set course for new shores in search of profitable growth
Ocean carriers are refocusing their strategies away from the traditional, but oversupplied, east-west routes, seeking growth in north-south trades – although the burgeoning Indian export market is an...
View ArticleInterest in sea-air services on the rise, with new tech on the way to help
While Maersk may have succeeded, integrated sea-air services from shipping behemoths MSC and CMA CGM appear not to have come to fruition, although sea-air has seen a recent uptick – and technology is...
View ArticleShipowners must figure it out as carriers update their ETS surcharges
The imminent implementation of the EU ETS has seen carriers release their final surcharge rates for Q1 24: overly optimistic Hapag-Lloyd has almost doubled its initial estimate, while Maersk has...
View ArticleForget the ZIM, Hapag spike – rates risk and war value in shipping
You may have read “Why attacks on container ships caused container stocks to jump“. That’s a catchy headline, isn’t it? Interesting. In a nutshell, from FreightWaves on Friday (15 December): “Risks to...
View ArticleChina’s Cosco suspends Israel-bound ocean services
Cosco has reportedly joined its subsidiary, OOCL, in suspending ocean shipments to Israel. According to Israeli publication Le Globes yesterday, the Chinese state-owned carrier has informed customers...
View ArticleMalaysia upholds ban so Zim re-routes services to omit Port Klang
Following the December announcement by Malaysian prime minister Datuk Seri Anwar Ibrahim that the country’s ports would no longer service calls by Zim ships, the Israeli carrier has cancelled all calls...
View ArticleTwo Maersk box ships come under fire in latest Houthi missile attack
A week after US president Joe Biden admitted airstrikes were not preventing Houthi attacks on shipping, another missile attack last night forced two Maersk vessels to abandon their naval convoy and...
View ArticleCarriers soak up 300,000 teu of newbuilds – but there’s more to come
A record 41 containerships, with a capacity of some 300,000 teu, were delivered last month, including eight of more than 15,000 teu. However, this eye-watering capacity record for newbuild deliveries...
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