31 05, 2021

Maersk Emerald’ Briefly Grounds in Suez Canal, Scary Flashbacks of Ever Given

2021-05-31T10:08:05+02:00May 31st, 2021|

A 366-meter-long containership grounded in the Suez Canal on Friday, but was refloated and ship traffic was able to continue through the waterway. The ship is identified as the 366-meter-long Maersk Emerald, registered in Singapore. Leth Agencies, which offers transit services in the Suez Canal, reported on Twitter that the [...]

28 05, 2021

Ever Given was travelling far too fast: SCA

2021-05-28T12:11:16+02:00May 28th, 2021|

In the ongoing tit-for-tat between the Suez Canal Authority and Japanese owner Shoei Kisen over who was to blame for the blockage on the key waterway in March, the Egyptians have hit back. Interviewed by Reuters, SCA chairman Osama Rabie said Shoei Kisen’s 20,388 teu Ever Given was travelling too [...]

27 05, 2021

Three Chinese companies control global container production

2021-05-27T09:37:10+02:00May 27th, 2021|

Never before has the humble ocean shipping container been this important to American business. If you can’t get one, you can’t move your international cargo — and supply has never been tighter. The cost of global trade is now contingent on how many containers exist, where they are and where [...]

26 05, 2021

Legal team MV Ever Given Shipowner Say Suez Canal Was at Fault in Grounding

2021-05-26T11:17:16+02:00May 26th, 2021|

The owner of a container ship that blocked the Suez Canal in March says the canal authority was at fault over its grounding as it disputes the vessel’s detention and a compensation claim, a lawyer representing the owner said on Saturday. The Ever Given, one of the world’s largest container [...]

25 05, 2021

Container capacity shortage not over for a long time

2021-05-25T18:04:15+02:00May 25th, 2021|

There is little chance of congestion in the supply chain being resolved before the fourth quarter of the year, although some signs of improvement may begin to appear in time for the traditional peak season. “We still see an enormous surge in demand that is overwhelming the shipping industry,” said [...]

24 05, 2021

Port Lamu : Kenya’s New Deepwater Port

2021-05-25T18:00:17+02:00May 24th, 2021|

Two A.P. Moller-Maersk A/S vessels made maiden calls at Kenya’s new Indian Ocean port which began operating on Thursday, edging the nation closer to fulfilling its ambition of becoming the main shipping hub on East African’s coast. The port in Lamu is expected to eventually have 32 berths and offer [...]

21 05, 2021

Chinese seafarers to get access to new single-dose vaccine

2021-05-21T09:48:52+02:00May 21st, 2021|

The China Shipowners’ Association has written to transport and health authorities in Beijing to make a recently approved local single-shot Covid-19 vaccine available for seafarers at 11 major ports across the People’s Republic. Chinese seafarers have thus far been administered double-dose Sinovac or Sinopharm vaccines, but they will soon be [...]

20 05, 2021

U.S. West Coast Ports Hopes to Clear Ship Backlog by Peak Season

2021-05-19T09:59:09+02:00May 20th, 2021|

Ship congestion outside the busiest U.S. gateway for trade with Asia showed glimmers of easing as port officials race to clear a backlog of arriving cargo before peak season begins in about three months. A total of 19 container ships were anchored waiting for entry into Los Angeles and Long [...]

19 05, 2021

Worldwide transport activity expected to more than double by 2050

2021-05-19T09:55:32+02:00May 19th, 2021|

The OECD’s International Transport Forum (ITF) has published its Transport Outlook 2021. The think tank’s report on transport policy was released prior to the virtual annual summit of transport ministers this week. The ITF forecasts that global transport activity will more than double by 2050, and traffic emissions will rise [...]

18 05, 2021

Containership orderbook-to-fleet ratio closes in on 20%

2021-05-18T11:20:53+02:00May 18th, 2021|

The containership orderbook as a percentage of fleet capacity is closing in on the 20% mark, having only broached double figures last October. Box shipping’s vessel orderbook-to-fleet ratio had steadily decreased from 30% in 2010 to 8.8% at the end of Q3 last year, the lowest figure recorded this century. [...]

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