Coast To Coast
Greek-Managed Bulk Carrier Shipped Coal From Russia After EU Sanctions
A vessel managed by a company based in Greece transported coal from a port in Russia late last month, after...
China Delivers Another Super Large Container Ship
A super large container ship with a capacity of 24,000 TEUs (twenty-foot equivalent units) was delivered by its builder Hudong-Zhonghua...
Privatization of Daewoo Shipbuilding is Priority for Korea
Speaking with reporters today the new chairman of the Korea Development Bank said the efforts to sell Daewoo Shipbuilding and...
Japanese Exporters To Pay More For Long-Haul Sea Freight As Exports Fade
Japanese shippers have to rely more on transhipments for long-haul sea freight, as mainline operators are making fewer port calls...
Hapag-Lloyd Acquires Minority Stake in Italian Logistics Group Spinelli
German container shipping line Hapag-Lloyd has entered into an agreement with Italy-based Spinelli Group to acquire 49% in the Italian...
Ukraine Exports Reach 2.1 Mln Tonnes Under Grain Deal, Russia Raises Fresh Concerns
On 22 July, Russia and Ukraine signed an agreement to allow grain exports from three ports in Ukraine during a...
Container Shipping Marks Seven Straight Quarters of Record Profits
Container shipping earned a “mind-altering” $63.7 billion in profits in the second quarter, 2022, according to industry veteran John McCown’s...
Australia’s Inefficient Ports Cost Shippers A$605m Per Year, Claims Government
Australia’s “underperforming” container ports are costing cargo owners A$605m per year, according to the government’s productivity commission. The commission released...
China Faces Long-Term Export Threat, While Ocean Rates Plummet
Capacity demand for Chinese exports is in decline, mainly due to full inventories in Europe and the US, which has...
Fungus Halts South Africa Orange Exports
South Africa, one of the world’s biggest citrus exporters, will voluntarily stop shipments of valencia oranges to the European Union...
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