“Having narrowly avoided a recession in the fourth quarter of 2022, the Japanese economy appears to be recovering. However, Japan’s demand for steel remains...
After years of relying on charters, container ship operator Ocean Network Express is tapping profits from the COVID-19 era to build its own greener,...
We expect demand growth within the 1.5-2.5% range in 2023, driven by China’s economic recovery. Improvements in consumer sentiment should help solve the country’s...
Ocean carriers are pulling capacity from Chinese export routes and redeploying the ships to more robust tradelanes with growth potential.
Moreover, the weakness in the...
A two-tier market within the container shipping sector is opening up as spot rates in key trades collapse.
Carriers that focused on quoting spot rates...
More than 40 marine fuel suppliers from around the world have gathered at this year’s Posidonia during a critical juncture for the US$300billion bunkering...
More than 30 martech startups from around the world are displaying their solutions and platforms at this year’s Posidonia Exhibition currently being held at...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...
