NEWS
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Burned-out Fremantle Highway towed to Dutch port for salvage
THE Panama-flagged 18,549-dwt car carrier Fremantle Highway that caught fire last week off the coast of the Netherlands has arrived at the northern Dutch port of Eemshaven for salvage, Reuters reports.One crew member died when the blaze broke out on the Fremantle Highway on July 26 as it was trav...
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Carriers shift capacity as transatlantic rates sharply decline: Alphaliner
OCEAN carriers are shifting capacity out of the transatlantic trade, as slowing demand takes rates below pre-Covid levels, says Paris-based consultant Alphaliner.This marks the end of a wild three-year ride where rates from North Europe to North America soared, reaching US$8,000 per FEU in the la...
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ILA chief calls for global fight against port, and maritime automation
THE east and Gulf coast dockers union is calling for a trade union common front to oppose ocean carriers and marine terminal operators that seek to automate port operations, reports New York's Journal of Commerce."It is time we put companies out of business that push automation. Someone ...
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