30 06, 2021

The Carbon Intensity Indicator

2021-06-30T09:56:41+02:00June 30th, 2021|

Energy Efficiency Existing Ship Index (EEXI) regulations agreed upon this month are a far bigger deal than many people are giving credit for. The other short term measure agreed at MEPC 76 this month is broadly termed CII, short for Carbon Intensity Indicator. For CII, there have also been suggestions [...]

29 06, 2021

Yantian port is getting back at normal speed but box recovery could take up some weeks.

2021-06-29T11:46:01+02:00June 29th, 2021|

Restocking, port delays push congestion to factory floor The backlog of vessels waiting to reach berths at the Port of Yantian, the largest container port in China, is gone since terminals returned to full operations on Thursday following a COVID-19 outbreak among dockworkers that significantly curtailed operations, according to an [...]

28 06, 2021

World Container Index experiences its steppest climb ever according to Drewry

2021-06-28T09:38:08+02:00June 28th, 2021|

Shippers hoping for some pricing respite from ocean carriers have been battered this week by further records falling. Drewry’s World Container Index, published yesterday, saw its steepest climb since its inception in 2012. Drewry’s composite World Container index rose a further 15.9% or $1,104 to reach $8,061.65 per feu, which [...]

28 06, 2021

The Apollo Cargo Alliance is welcoming new business opportunities in Buenos Aires, Argentina

2021-07-14T17:09:31+02:00June 28th, 2021|

The Apollo Cargo Alliance is happy to welcome its newest member in the following strategical location: Buenos Aires, Argentina We are sure this freight forwarder will contribute to the positive growth of our international logistics network.  

25 06, 2021

More container ships score ‘astronomical’ $100,000/day rates

2021-06-25T12:24:37+02:00June 25th, 2021|

CEO of MPC Container Ships reveals the industry’s latest 6-figure-per-day deal Smaller ships in the 2,800- to 5,000-TEU range are reaping massive short-term charter returns. Multi-month container-ship charters continue to be signed at jaw-dropping rates above $100,000 per day. The market is getting even tighter, pushing charter rates and durations [...]

24 06, 2021

Global shipping costs will continue to rise, and this is why

2021-06-25T12:13:27+02:00June 24th, 2021|

Shipping costs have risen sharply and fierce competition for ocean freight capacity is the new normal. With new capacity only slowly coming onstream, freight rates are expected to continue to reach new highs this year and will remain above their pre-pandemic levels in the longer term. In this article: No [...]

23 06, 2021

M/V Ever Given Owners handover New Offer To Suez Canal Authority

2021-06-23T09:40:04+02:00June 23rd, 2021|

ISMAILIA, Egypt June 20 (Reuters) – The owners of a container ship that blocked the Suez Canal in March have made a new offer in a compensation dispute with the canal authority, and a court ruling on the case was postponed for two weeks on Sunday to allow more time [...]

22 06, 2021

Containervessels congestion spreads across the planet

2021-06-22T09:20:41+02:00June 22nd, 2021|

304 ships queuing for berth space The ebb and flow of record global liner congestion is neatly encapsulated in two maps provided below from Seaexplorer, a container shipping platform created by logistics giant Kuehne+Nagel. As of 3.30 pm Singapore time today there were 304 ships idle in front of ports [...]

21 06, 2021

Longest Subsea Power Cable Electrifies

2021-06-21T10:52:46+02:00June 21st, 2021|

The first megawatts of electricity will flow between Norway and the U.K. Wednesday along the longest submarine power cable in the world. Once fully operational Britain is expected to import supplies of low carbon power on a regular basis. Tests on the 1,400-megawatt, 450-mile long cable will be complete in [...]

18 06, 2021

Ships Ranking Flag States from Best to Worst: Paris MoU Updates ‘White, Grey and Black List’

2021-06-18T09:48:01+02:00June 18th, 2021|

The Paris MoU has approved its 2020 “White, Grey, and Black” lists for flag state performance. The Paris MoU’s annual “White, Grey and Black (WGB) List” ranks flag states from best to worst based on port state control inspections at ports in the North Atlantic basin from Canada to coastal [...]

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