A variation on that buy-low, sell-high strategy is exactly what some container shipowners are opting to do, capitalizing on a hot ocean freight market that shows few signs of cooling...
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Why does the current container shortage happen?
Are you having problems booking shipments these days? Scarce slots and high shipping rates are causing you headaches? Almost all industries around the globe are currently suffering from the same...
World’s 1st zero-emission container vessel, Yara Birkeland, delivered
VESSELS The long-awaited zero-emission container vessel Yara Birkeland has been delivered to its owner Yara International, Norway-based shipbuilder Vard informed. Upon delivery, the vessel is scheduled to undergo testing for...
Environmentalists blast UN for lack of ambition as IMO adopts GHG reduction measures
REGULATION & POLICY The International Maritime Organization (IMO) has approved a number of measures aimed at cutting the shipping sector’s carbon emissions in the next decade. The measures adopted at...
Maersk terminates agreement with DB Schenker after attempt at hijacking customers
Maersk has terminated its agreement with DB Schenker after the German company attempted to hijack customers from Damco. DB Schenker confirms the break up to ShippingWatch but does not link...