NEWS
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PANYNJ container volumes soften in April but still 2nd busiest US port
THE port of New York and New Jersey (PANYNJ) continued to see volumes fall from last year's records but gained on 2019 levels after two months of falling slightly below.The east coast's largest gateway volumes fell 20.1 per cent year on year in April but were 7.1 per cent above pre-pandem...
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Major carriers vie for shrinking pool of second-hand smaller boxships
LARGE carriers are fighting over a diminishing pool of second-hand box ships, with the latest Alphaliner research pointing to no orders, but abundant acquisitions in the 700-999 TEU feeder-size range.Alphaliner found major carriers were acquiring vessels second-hand from non-operating owners: 675...
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The global shipping "throat" announced the implementation of shipping restrictions!
According to reports, the Panama Canal is the "throat" of global shipping and an important waterway for global trade. The severe drought is forcing the Panama Canal to introduce shipping restrictions, that is, to adjust the draft restrictions of large ships.This means that container shi...
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