| September 22, 2020 | Maritime | Liner Shipping
The first 23 000 TEU container vessel in the world to be powered by liquefied natural gas
| September 22, 2020 | Maritime | Liner Shipping
| September 21, 2020 | Maritime | Liner Shipping
| September 21, 2020 | Maritime | Liner Shipping
| September 21, 2020 | Maritime | Liner Shipping
| September 21, 2020 | Maritime | Liner Shipping
| September 21, 2020 | Maritime | Liner Shipping
Following up on the announcement for the Indusa Service on August 31st 2020, being a direct service it implies the need to follow the Indian Custom requirements.
| September 18, 2020 | Maritime | Liner Shipping
| September 18, 2020 | Maritime | Liner Shipping
| September 18, 2020 | Maritime | Liner Shipping
| September 18, 2020 | Maritime | Liner Shipping
| September 17, 2020 | Maritime | Liner Shipping
Drewry’s composite World Container index increased by 6.1% to $2,603.07 per 40ft container (updated Thursday, 17 September 2020).
| September 17, 2020 | Maritime | Liner Shipping
| September 16, 2020 | Maritime | Liner Shipping
| September 16, 2020 | Maritime | Liner Shipping
| September 16, 2020 | Maritime | Liner Shipping
On September 13th, the Captain and crew of the COSCO SHIPPING Lines container ship COSCO MALAYSIA rescued a sailboat crew in distress in the Gulf of Mexico, 130 nautical miles west of Port Tampa Bay, Florida.
| September 15, 2020 | Maritime | Liner Shipping
| September 15, 2020 | Maritime | Liner Shipping
| September 15, 2020 | Maritime | Liner Shipping
Key insights: 1 With a mid-month GRI expected to increase rates that are already 158% higher than last year, reports have China’s Ministry of Transport considering banning rate increases (COSCO already is likely to cancel its GRI) and prohibiting cancelled sailings on China-US lanes to let rates drop along with (an eventual drop in) demand. 2 Carrier capacity management allowed them to stem losses and keep rates even year-on-year in the first five months of the pandemic, before June’s demand surge sent rates spiking. 3 Questions remain about what (if any) interventions will be made, and whether other carriers will follow COSCO’s lead. But whatever the outcome, the threat of intervention will likely serve as a warning to carriers to use their controls wisely.
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