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Maritime News

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11/24/2014
HONG KONG — The Philippine’ cabinet cluster on port congestion, directed by cabinet secretary Jose Rene Almendras, will gather for a port forum on November 27 in Manila as officials struggle to address the bottlenecks that have troubled the gateway since late February. This latest meeting comes just a week after...
11/23/2014
Even at lower rates of growth in container volumes globally, ports will still have to absorb hundreds of millions of additional TEUs over the next decade, a challenge for marine terminals over and above the painful transition to an era of big ships. Brushing aside a frequent theme in container shipping...
11/21/2014
The international shipping industry is only spending 0.1 percent less on bunker fuel than it was 24-weeks ago, but that fluctuation equates to big savings: $117 million daily. The industry-wide usage of bunker fuel sits at 257 million tons a day, a figure that cost ship operators about $149.5 billion a...
11/21/2014
Four carriers today joined Mediterranean Shipping Co. in announcing congestion surcharges on cargo heading from Asia to U.S. West Coast ports. Carriers’ push to implement surcharges ranging from $800 to $1,000 per 40-foot container on shipments at the port of origin starting Nov. 26 comes just days after at least nine...
11/21/2014
With the violence in Iraq and Syria capturing the global attention, one could not be blamed for assuming a state of calm in Egypt – at least in relative terms – in recent months. After all, the shaky leadership of Mohamed Morsi had come to an end in 2013, with...



 
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