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Shipowners prefer to continue operating older vessels

The proportion of old ships being dismantled has decreased, and shipowners are more willing to continue operating old ships

2024-07-24

Braemar's statistics further show that the total capacity of ships dismantled in the first half of this year was 57,000TEU, which represents only 0.2% of the global trading fleet.

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Due to the crisis in the Red Sea, the Suez Canal's annual revenue fell by 10 billion yuan

2024-07-24

Due to the crisis in the Red Sea, a large number of ships switched to other routes to avoid attacks by the Houthis in the Red Sea, and the Suez Canal's revenue fell by about 23.4 percent in the most recent fiscal year.

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Freight forwarder Kuehne+Nagel announces first half results

2024-07-24

Kuehne+Nagel, the world's largest sea and air freight forwarder, announced its results for the second quarter and first half of 2024.

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The container ship PUMBA was attacked by the Houthis

PUMBA, a container ship attacked by the Houthis, once called on four major Chinese ports

2024-07-23

The Houthis used multiple ballistic missiles and drones to attack and hit a container ship, the PUMBA, on the 5CX route that calls on the four ports of Qingdao, Shanghai, Ningbo and Nansha in Guangzhou.

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Houthi: All sensitive ships will be targeted

2024-07-23

Fears are growing that Houthi attacks on commercial shipping in the Red Sea have widened after a series of attacks over the weekend.

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A fire on the inaugural flight of the Maersk Frankfurt killed one person

2024-07-23

Firefighters are still battling the blaze three days after a sailor died in a blaze on the newly built container ship Maersk Frankfurt.

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Before the new tariffs took effect, container volumes at U.S. ports rose

2024-07-23

New tariffs on China take effect next month, and US companies increased imports to avoid tariffs, with imports in June at 84,040 TEUs, up 26.8 percent from a year earlier and the highest monthly total since August 2022.

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MSC became the first liner company to exceed 6 million TEU in capacity

2024-07-23

The total operating capacity of MSC exceeded 6 million TEU to 6,012,214TEU, with a total of 844 vessels in operation, representing 20.0% of the global capacity share.

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A second Trump presidency could be a double blow to the shipping industry

Biden's withdrawal from the election and Trump's second term in power may deal a double blow to the shipping industry

2024-07-23

Whoever becomes president of the United States will definitely target China, and curbing China's development will become the primary goal. Because China has surpassed the United States in many areas, its influence has been the United States dumped a

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The Maersk Frankfurt fire is under control

2024-07-22

The fire on board the Maersk Frankfurt, a container ship operated by Maersk, has lasted for two days. Although the fire was contained in parts of the ship, it reignited in other undamaged areas.

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