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Power demand in parts of China sets new records amid searing heat
Power consumption surged in large Chinese provinces north of the Yangtze river amid warmer-than-normal weather, with regions like Henan,...
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Significant increase in number of shipments from Danube ports but only with small vessels
Following the Russia-Ukraine war, departures of dry bulk and general cargo vessel, which can carry grain cargo, from Ukrainian and...
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Port of Virginia posts 340,000 TEU in May, expects best year ever
THE Port of Virginia has set a new milestone handling 340,000 TEU in May as the port anticipates its best fiscal year performance on...
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IATA remains optimistic on air cargo future despite challenges
THE International Air Cargo Association (IATA) remains optimistic that the air cargo market will begin to improve in the months ahead...
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Georgia Ports Authority to spend US$430 million to upgrade Savannah
THE Georgia Ports Authority is to spend US$430 million to expand capacity of its berths and container yards the Port of Savannah, reports...
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China’s coastal bulk freight index down in May
China’s coastal bulk freight market saw a decline in overall demand in May, data from the Shanghai Shipping Exchange (SSE) showed. On a...
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Global port congestion, high shipping rates to last into 2023: Industry executives
Global port congestion is set to continue until at least early 2023 and keep spot freight rates elevated, logistics executives said on...
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Fuel Consumption Is A Burning Issue In The Race For Ship Emissions Compliance, Says Study
Operational and technical measures are the most viable route to emissions abatement and compliance for the existing fleet of tankers,...
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Tanker Demand to Grow 3.5% – 5.6% as Europe Avoids Russian Oil – Asia Imports More
European importers have been avoiding crude oil shipped from Russia, as a response to the invasion of Ukraine. This has driven a rather...
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Baltic index rebounds on capesize, panamax gains
The Baltic Exchange’s main sea freight index rebounded on Tuesday after touching a near two-month low in the previous day as rates rose...
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Baltic Dry Index Falls To 2-Month Low
The Baltic Exchange’s main sea freight index extended its retreat on Monday, touching a near two-month low as vessel segments dipped....
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Shipping needs flat rate carbon levy to prepare for its future: ICS
The shipping industry needs a fixed carbon price to mitigate the uncertainties of its energy transition and to avoid manipulation of...
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MO Clamps Down On Dirty Fuel In Mediterranean Sea
Shipping’s global regulator ruled that vessels must slash the sulfur content of fuel used for voyages in the Mediterranean Sea, as part...
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Dry Bulk Market: Capesizes Soften This Week
The Capesize market softened this week as global market concern’s kept the headwinds coming. The softening of values was felt across all...
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A Deep Divide on Automation Hangs Over West Coast Port Labor Talks - Shipping News
Automation is shaping up to be a key flashpoint in high-stakes contract negotiations under way between unionized dockworkers and the...
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China to stress reform of WTO
China will uphold reform and inclusive growth of the World Trade Organization, and champion the cause of legitimate rights of developing...
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State of the global supply chain as China eases Covid lockdowns - China Shipping News
The following article is taken from CNBC: China’s “zero Covid” measures on trucking and cross-city transport limitations continue to slow...
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Wison and ABB in FLNG tie-up - Maritime Shipping News
China’s Wison Offshore & Marine and Swiss technology company ABB have signed a memorandum of understanding to collaborate on the...
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Why India Cannot Compete With China in Manufacturing for the World
A number of my relatives run manufacturing plants in Tamil Nadu - a relatively developed state. My in-laws have also recently started...
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How has the Covid Pandemic affected International Shipping from China?
The Covid pandemic has been ongoing for over two years now. Every importer has experienced that supply chains and shipping costs all...
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