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Ocean Transportation: Page 52

UN Report: Future-Proofing Supply Chains a 'Strategic Necessity'

The UNCTAD's report released on October 22 found that container trade measured in tons of cargo grew by just 0.3% in 2023.

Photo: iStock / Bjoern Wylezich

Panama Speeds Up Process to Revoke Sanctioned Vessels

Prior to this new expedited process, it would take months to remove a sanctioned vessel from the Panama Ship Registry.

Several freighters, assisted by tugboats, entering the Panama Canal at Gatun Locks on the Atlantic side. Photo: iStock / searagen

Maersk Raises Guidance Again as Red Sea Attacks Boost Rates

Maersk had already raised its 2024 profit forecast in May, June and August, as the Red Sea conflict was having a larger than previously expected impact.

Photo: iStock / BalkansCat

Busiest U.S. Trade Hub Beat Pandemic Cargo Record in Q3

The LA and Long Beach ports, which together account for roughly a third of all U.S. container imports, each had their busiest ever peak season.

Port of Long Beach. Photographer: Tim Rue/Bloomberg

Tariff Tensions Between China, U.S. Spark 'Sharp Change' in Trade With Mexico

Vesselbot's data shows that Mexico's Manzanillo Ensenada and Lazara Cardenas ports have seen record-breaking container volumes over the last year.

Mexico's Port of Manzanillo. Photo: iStock / Eric Broder Van Dyke

Ocean Carrier ONE Reports Scope 1 Emissions Reduced by 62%

ONE has also gained Approval in Principle (AiP) for an ammonia dual-fueled vessel, and has made strategic investments in 12 13,000 TEU methanol dual-fuel vessels.

A methanol-fueled ship. Image: Ocean Network Express Pte. Ltd. (ONE)

Canada Labor Minister Calls for Mediator to Resolve Port of Montreal Labor Dispute

In early October, the CUPE claimed that talks had stalled out over how the MEA manages scheduling, with the union pushing for a better work-life balance.

The Port of Montreal along the St. Lawrence River. Photo: iStock / LaSalle-Photo

Crane Collapses After Collision with Cargo Ship in Keelung Port

Port authorities are working closely with the terminal’s management to ensure the port’s operations can resume normal activity as quickly as possible.

Photo: iStock/Sean Pavone

Watch: Are Self-Piloting Ships on the Way?

Susan Riitala and Thor Maalouf, London-based partners in the Shipping and Transportation Group of global law firm Reed Smith LLP, discuss the coming of autonomous cargo vessels.

Are Self Piloting Ships On The Way Edit

Russian Tanker Sanctions Fail to Stop Ships Hauling Moscow’s Oil

The blacklisted tankers are just a tiny part of the shadow fleet amassed by Russia to move its oil outside the reach of the Western powers.

Photo: iStock.com/Alexey Bakharev

U.K. Parliament Votes on Laws to Stop Repeat of P&O Mass Layoffs

Government headed by Labour Party seeks to clamp down on poor working conditions at sea with laws on collective dismissal and minimum wage.

Photo: iStock/BerndBrueggemann

Maersk, Hapag-Lloyd Plan to Sail South of Africa Into 2025

Houthi attacks in the Red Sea have since late 2023 forced container vessels to sail around southern Africa.

Photo: iStock.com/huettenhoelscher

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