The Ever Ace is at nearly 24,000 TEUs, but ports may not be able to handle that much capacity.
Shipowner associations ask, “What are we waiting for?” to accelerate research and development for zero-emission shipping technologies and fuels.
BIMCO’s Peter Sand discusses whether container shipping’s ‘new normal’ has legs and what’s next for the sector.
Singapore surge is “trigger” for Maersk to add fuel new surcharge.
BIMCO, BOLT, Commercial Jet and Kane Is Able also announce executive appointments.
A falling trade-to-GDP ratio is a worrying trend for the shipping industry.
Organizations representing 90% for the world’s merchant fleet have proposed spending $5 billion on research to reduce or eliminate carbon emissions.
BIMCO says there are “several indications” that goods are being shipped from the Far East to Europe and then transshipped to the U.S. East Coast to avoid tariffs.
Carriers are set to withdraw more Asia-Europe sailings in Q4 as excess capacity drags on freight rates.
BIMCO, ICS, INTERCARGO and INTERTANKO call on charterers, bunker suppliers and nation states to “double their efforts” to ensure a smooth transition to low-sulfur fuel.
