FOR all the talk that shipping will escape 2020 as one of very few industries to have had an improved year financially, 'do not expect banks to...
- Banks to shun shipping post-Covid: banking and maritime industry veteran
- Charter rates soar with old panamaxes fetching top dollar
CONTAINERSHIP charter rates continue to soar against a backdrop of tight supply across most sectors, reports London's Loadstar
- Seafarers stranded by virus cause big increase in labour costs
SHIPOWNERS are facing rising labour costs as Covid restrictions continue to limit the movement of seafarers, reports Bloomberg News
- How rescuing drowning migrants became a crime!
The Iuventa ran hundreds of missions to save migrants from drowning off the coast of Libya. But after Europe cracked down on migration, its crew...
- China winning trade war with US as trade surplus widens to over US$300b
CHINA's trade surplus with the US has grown almost 25 per cent since the start of the Trump presidency, exceeding US$300 billion on an annualised...
- ZIM sets up ZKCyberStar with Konfidas to combat maritime cyber-attack
ISRAEL's major shipping carrier Zim is deploying its vast experience and long-standing cooperation with cybersecurity experts Konfidas to...
- E-commerce growth leads to rise in shipping and investments: CMA CGM chief
THE head of French shipping giant CMA CGM says the future of the world's fourth-largest container line will increasingly be built on e-commerce
- This new technology can save whales from ship collisions
A newly developed tool uses AI, a mobile app and big data to help mariners avoid whale strikes.
- Trump calls off talks with China, 'don't want to talk to them now'
US President Donald Trump said he called off trade talks with China, raising questions about the future of a deal that is now the most stable point...
- Port of Montreal reopens after strike truce
THE Port of Montreal is back in business after longshore workers and employers agreed to a seven-month truce that will end an 11-day strike that had...
- Contamines crew refuse to work in Panama crew change stand off
The crew of another ship have taken matters into their own hands in a new front in the unfolding crew change crisis.
- China, US to review trade deal, air other grievances on August 15
SENIOR US and Chinese officials will review the implementation of their Phase 1 trade deal and likely air mutual grievances in an increasingly tense...
- Leading Malaysian GSA signs exclusive deal to handle IAG Cargo
ONE of Malaysia's leading air cargo general sales and service firms, ABDA Aviation Sdn Bhd, has gone into partnership with IAG Cargo, a...
- Shipowners slow to sign long hires as charter market heats up
CONTAINERSHIP brokers are reporting 'brisk business', although owners are reluctant to fix for longer periods against rising daily hire rates
- Global shipyards face crisis with receding box ship orders
WITH global demand expected to contract by some 10 per cent this year, due to the impact of the pandemic, blanked sailings are likely to be...
- Ontario International Airport freight shipments surge 30pc in June
AIRFREIGHT shipments increased by nearly 30 per cent in June and 20 per cent in the first half of the year at Ontario International Airport (ONT),...
- Trans China Railway unites lines to feed China-EU block trains
CHINESE railways, that span much of the vast interior of the country, have combined into a national network called the Trans China Railway (TCR)
- Ports need US$13 billion upgrade as shippers reshore from China
CONTAINER terminals in Southeast Asia may need to invest up to US$13 billion to keep pace with expected supply chain diversification from China,...
- STM demonstrates the future for e-navigation
With more ships using electronic navigation and digital services, data exchange is becoming critical for sea traffic management and safety
- Governments must protect trapped seafarers' human rights
As the Covid-19 pandemic and the travel restrictions put in place to attempt containment drag on, around 200,000 merchant seafarers are trapped...