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Think Tank
Ocean Transportation: Page 90
Sea-Air Freight Service from Asia to Africa Launched by Aero Africa
Aero Africa is launching a new sea-air transport product that will provide transportation from Asia to 70 different African destinations.
Tanker Unloads Russian Crude in Ghana After Six-Week Wait
Clearance was given after claims that the cargo was from Kazakhstan, but data intelligence firms Vortexa and Kpler showed it originated from Russia.
CMA CGM's Saade Forges Ahead With China, Media Deals
The executive said he’s ordering new ocean-going vessels despite a slowdown in the industry following a boom during the pandemic, when some freight rates rose to record levels.
Shock OPEC+ Output Cuts to Hit Demand, Rates for Oil Tankers
The production cuts will probably lead to a real loss in supply and tighten global oil markets because those doing the cutting are largely pumping at their quotas.
U.S. Campaigned to Stop Chinese Bid on Key Port in Croatia
The Croatian government awarded a $3 billion contract to build and operate a container terminal to Maersk-owned APM Terminals, after canceling a tender that had been given to three Chinese state-owned companies.
Russia and India Discuss Northern Sea Shipping Route
Russia wants the route to become a major shipping lane and has invested heavily in infrastructure there.
Aging Shadow Fleet Carrying Russian Oil Poses Disaster Risk
The aftermath of European Union sanctions on Russia mean that some older vessels may not be properly inspected and maintained, leading to a catastrophic accident at sea.
Outrage at New Project for Company Behind P&O Layoffs
P&O Ferries, owned by DP World, laid off hundreds of seafarers in March 2022 and replaced them with foreign agency workers paid less than the minimum wage.
Oil Tankers Divert Away From Strike-Ridden French Ports
France released strategic stockpiles of oil products in March to avoid fuel shortages as the strikes blocked fuel movements from many local refineries.
Dock Workers’ Strike Hits Cargo Handling at German Ports
The 48-hour strike, which is to end on the morning of March 25, has largely paralyzed cargo handling at major ports including Hamburg, Bremerhaven and Wilhelmshaven
Pressure Grows on Shipping Industry to Accept Carbon Levy
A proposal from the World Bank would require shipping companies to pay into a fund based on the amount of carbon their fleets emit.
Tensions Rise in Stalled West Coast Port Labor Talks
With cargo volumes in steep decline, a showdown that ties up the flow of goods is likely to push more business to other gateways.
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