Shipping reacts to Trump election win
China’s yuan weakened and stock markets on the mainland and Hong Kong fell today on news that Donald Trump will become the 47th president of the United States, likely ushering in another period of trade wars between the world’s two largest economies. With the scale of the victory looking historic, the shipping industry will have […]
Angelicoussis Group snaps up Altera’s shuttle tanker business
Greece’s Angelicoussis Group has struck a deal with Altera Infrastructure to take over its shuttle tanker business. Angelicoussis affiliate Maistros Shiptrade is taking 18-vessel strong Altera Shuttle Tankers (AST), which operates in Brazil, Canada and the North Sea, for an undisclosed sum, adding to the group’s 144 ships on the water and 23 newbuilds set […]
Containership deliveries smash records
Just 10 months into 2024, shipyards’ deliveries of containerships have reached a new annual record. A total of 410 ships with a capacity of 2.5m teu have been delivered, surpassing the previous full-year high of 2.3m teu in 2023, according to data from shipping organisation BIMCO. Another 0.5m teu is scheduled to be delivered during […]
Containership deliveries smash records
Just 10 months into 2024, shipyards’ deliveries of containerships have reached a new annual record. A total of 410 ships with a capacity of 2.5m teu have been delivered, surpassing the previous full-year high of 2.3m teu in 2023, according to data from shipping organisation BIMCO. Another 0.5m teu is scheduled to be delivered during […]
Hapag-Lloyd signs off on its largest ordering spree
Hapag-Lloyd will sign off on its biggest order spree in the company’s 54-year history this week according to analysts at Alphaliner. Hapag-Lloyd will contract for 24 newbuilding orders for LNG-dual fuel containerships in China, Alphaliner is reporting in its latest weekly report. Hapag-Lloyd will order twelve 17,000 teu ships at Yangzijiang Shipbuilding, and another twelve […]
Hapag-Lloyd signs off on its largest ordering spree
Hapag-Lloyd will sign off on its biggest order spree in the company’s 54-year history this week according to analysts at Alphaliner. Hapag-Lloyd will contract for 24 newbuilding orders for LNG-dual fuel containerships in China, Alphaliner is reporting in its latest weekly report. Hapag-Lloyd will order twelve 17,000 teu ships at Yangzijiang Shipbuilding, and another twelve […]
Red Sea crisis having greater impact on boxship employment than covid
The idle container fleet has reached an all-time low in the opening 10 months of the year with Alphaliner reporting that proportionally, the ongoing Red Sea crisis has had a bigger impact on ship employment than covid. According to Alphaliner data, on average 0.7% of the global cellular container fleet was commercially idle in January […]
Is your supply chain visible? The annual “State of Visibility” Survey for 2025 is here
In 2024, real-time visibility in supply chain was considered indispensable by around 77% of respondents who took part in our 2nd annual State of Visibility survey. The same survey also indicated that more than half of these respondents were actively adopting IoT and AI to enhance tracking. Real-time visibility in supply chains has evolved into […]
Quy trình trình tự thực hiện thủ tục khi Hệ thống VNACCS/VCIS gặp sự cố
Tổng cục Hải quan vừa ban hành Quyết định 2537/QĐ-TCHQ ban hành quy trình trình tự thực hiện thủ tục hải quan đối với hàng hóa xuất nhập khẩu, hàng hóa chịu sự giám sát hải quan trong trường hợp Hệ thống VNACCS/VCIS gặp sự cố. Theo đó, về phạm vi điều chỉnh, quy trình […]
Xingtong Shipping lines up six chemical tanker newbuilds
Chinese chemical tanker player Xingtong Shipping has set out to expand its fleet with six stainless steel newbuilds. The Shanghai-listed company said its subsidiary Xingtong Kaicheng Shipping would invest up to RMB1.4bn ($195.5m), excluding tax, in a pair of 25,900 dwt methanol dual-fuel vessels and four 13,000 dwt units. The yard has yet to be […]