Peter Sand, the chief analyst of Xeneta discuss recent trends in the container shipping market, from plunging spot rates to blank sailings.The container shipping market has enjoyed a prolonged historic, and somewhat unexpected bull run, as COVID…
Germany would put its port of Hamburg at a competitive disadvantage if it quashed a bid from China's Cosco to buy a stake in a container operator, the port city's mayor said.A rejection would be 'a one-sided, competition-distorting disadvantage for Hamburg compared to Rotterdam and Antwerp…
Sudan recently signed a memorandum of understanding (MOU) with the United Arab Emirates for a large agricultural project linked by a road to a new port to be built on the Red Sea, the Sudanese Finance Minister said on Wednesday.The two sides were now working on the details of the project…
Maritime Reporter & Engineering News is back on the international exhibition trail in full force, earlier this month in Oslo for NorShipping '22 (which was a very strong and well-attended event), currently in Tokyo for Sea Japan '22 (which has garnered a strong regional draw)…
Egypt's Suez Canal Authority (SCA) plans to offer financial incentives for ships that follow environmentally friendly standards, Egyptian daily paper El Watan reported on Monday, citing a TV interview with SCA Chairman Osama Rabieh.(Reporting by Moataz Mohamed…
A group of U.S. Senators has introduced new legislation aiming to strengthen sexual assault/sexual harassment (SASH) prevention, response, investigation and accountability in the maritime industry and provide additional safeguards for the Midshipmen…
Ships leaving the Argentine agricultural ports hub of Rosario on the Parana River are having to reduce cargos by thousands of tonnes due to low water levels, the local head of logistics said on Wednesday, amid growing environmental concerns…
Ships leaving the Argentine agricultural ports hub of Rosario on the Parana River are having to reduce cargos by thousands of tonnes due to low water levels, the local head of logistics said on Wednesday, amid growing environmental concerns…
As Survitec continues to grow with the recent acquisition of Hansen Protection, Baba Devani, CEO Marine, discusses the strategic important of the acquisition to the overall strategy of Survitec as well as the path ahead.Baba, to start, can you…
After several false starts, 2021 is the year when the U.S. offshore wind industry begins to realize its potential. This is according to Philip Lewis, Director of Research, World Energy Reports (WER).In an interview with Maritime Reporter TV's Greg Trauthwein…
U.S. Transportation Secretary Elaine Chao said Thursday she would resign, citing the intrusion of the U.S. Capitol by violent supporters of U.S. President Donald Trump.Chao, the wife of Senate Majority Leader Mitch McConnell, is the first Cabinet secretary to announce her departure after the events…
The cruise industry has certainly been among businesses hardest hit by the economic impacts of COVID-19. But the industry-rocking fallout extends well beyond the cruise lines themselves, extending through cities throughout Florida where canceled…
Genting Cruise Lines said it will be the first international cruise company to restart operations with the deployment of Dream Cruises’ Explorer Dream to Taiwan, where it will begin “Taiwan Island-Hopping” itineraries on July 26 2020.Upon the ship’s arrival in Keelung on June 40…
As COVID-19 and a historically weak energy market wreaks havoc on maritime, Takeshi Okamoto, Corporate Officer and General Manager of Public Relations Team, ClassNK, tells Maritime Reporter & Engineering News in its May 2020 edition that the…
Tariffs could be lifted amid the U.S.-China trade deal if an agreement is reached, a White House spokeswoman said on Friday, citing optimism about a final pact but giving no further details.'We're very optimistic for some kind of a deal, and…