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décembre 12, 2023
Houston and Antwerp-Bruges Enter Energy Transition Accord
U.S. and Belgian cargo hubs Port Houston and the Port of Antwerp-Bruges, together with four other partners, have signed a landmark agreement to form a strategic alliance aimed at accelerating the transatlantic green transition (source: Offshore Energy).
READ MORE >décembre 12, 2023
Carriers Roll Out New Ancillary Charges
With container spot rates below ocean carrier unit operating costs on some routes, shipping lines are increasingly focusing on billing customers with a myriad of surcharges to boost revenue in what is predicted to be a tough period (source: The…
READ MORE >décembre 5, 2023
Panama Canal Jam Sends Ships Sailing Continents Out of Way
The Panama Canal is being squeezed shut by drought and forcing shippers worldwide to face a painful choice. They can wait in line for days or weeks, pay millions of dollars to jump ahead in the queue, or they can…
READ MORE >décembre 1, 2023
China Floats Idea of Mega Port to Rival Singapore
Beijing is considering a proposal to construct a massive integrated super port across islands south of Hong Kong, consolidating regional port resources to challenge Singapore’s shipping hub status. The infrastructure project, potentially costing over $20bn, is also envisaged as a…
READ MORE >décembre 1, 2023
Failure of GRIs Means Tough Time for Carriers in New Contract Talks
Notwithstanding three attempts at GRIs (general rate increases) in 45 days, Asia-North Europe container spot rates have so far remained stubbornly low, which will make new contract negotiations onerous for carriers. Meanwhile, on the transpacific, there was more encouraging news…
READ MORE >novembre 29, 2023
Carriers 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 outlier. According to a survey by Alphaliner, African trades recorded the highest…
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