Close Call in Panama Canal Locks Raises Safety Concerns
OOCL Utah‘s near-collision on Sunday with a Panama Canal lock gate suggests a tragic and costly accident is waiting to happen, say experts. Video footage shows a fore-positioned ‘alpha’ tug almost crushed between the Hong Kong-flagged containership and the canal’s Agua Clara lock gate. There was no aft-situated ‘delta’ tug to stop the vessel. Representatives of the […]
CMA CGM Sees Container Shipping Slowdown Continuing in 2023
CMA CGM expects the marked slowdown seen in the fourth quarter of 2022 to continue in the current year, the French transport and shipping group said on Friday, citing inflationary pressures weighing on consumption. The company based in Marseille and privately controlled by the founding Saade family, said it expects balance between supply and demand to remain challenging in 2023, […]
Container lines’ schedule reliability dips slightly at start of 2023
Sea-Intelligence reported that while schedule reliability continued to increase for much of 2022, in January 2023 there has been a month-to-month decline of 3.8%, reaching to 52.6%. Despite this decrease, schedule reliability in January 2023 was considerably higher than in the previous two years, with the year on year increase of 22.2%. According to Sea-Intelligence, […]
Never let a good crisis go to waste
The year for many logistics service providers begins with considerable uncertainties as volumes, freight prices, and margins are going down, and fear of recession is ever-increasing. History shows us that changes for someone can be a tragedy but, for some, a victory. As Winston Churchill said, Never let a good crisis go to waste. This […]
New Report Reveals Ocean Shipping Emissions of Top U.S. Importers
The top U.S. importers emitted 3.5 million metric tons of greenhouse gases from shipping during the height of the pandemic-driven imports surge in 2021, according to new research released today by the Ship It Zero campaign. The research reveals that Walmart, Target and Home Depot were the largest ocean import polluters in 2021 due to increased demand […]
Methanol boxship orders growing more rapidly than all other fuel types
The container segment is leading shipping to green new pastures, taking a massive lead when it comes to investing in methanol propulsion. According to Alphaliner, methanol boxship orders have grown more rapidly than LNG in the last six months, while carriers have all but ditched orders for conventional fuel oil tonnage with just 8% of […]
New capacity enters ‘thriving’ Russian container sector
While much has been written about how oil, gas, coal and grain trades have changed in the year since Russia invaded Ukraine, there has been little spotlight on the container sector. Within weeks of the first shots being fired in eastern Europe most global liners announced they were pulling out of the Russian market, with a […]
Leading drone operators call on government to unlock the next generation of aviation
The comments come in a new White Paper published by the BVLOS Operations Forum, a consortium of advanced drone and technology companies that are pioneering the use of remotely piloted aircraft ‘beyond visual line of sight’ (BVLOS). ‘South of the Clouds: A roadmap to the next generation of uncrewed aviation’, sets out the industry’s vision of how […]
Shipping Industry Steps up Calls to Free Seafarers Still Trapped by Russia’s War
The global shipping industry is stepping up calls for the United Nations and aid groups to help evacuate hundreds of seafarers on more than 60 merchant vessels that are still stuck in Ukrainian ports a year after Russia’s invasion. In the weeks after the war began, some 2,000 crew members were caught in the crossfire on ships […]
‘Colossal’ tidal wave of new container ships about to strike
Here it comes. An unprecedented flood of new container ships is about to enter service. The pace of deliveries will pick up in earnest next month, surge much higher in the second quarter, go higher still in the second half, even higher throughout 2024, and stay strong in 2025. “The colossal orderbook is like a sword […]
