Port volumes recorded a 7.7% rise in aggregate throughput in the quarter ended September 30, growing at their fastest pace since 2011, according to Alphaliner. Through its survey, which covers more...
Hong Kong-based container shipping company OOCL has introduced another ambassador of world trade, the OOCL Scandinavia. The vessel is the fifth one in the company’s series of six G Class...
The appeal of the flexibility which comes with the investment in a second hand vessels, seems to be too hard to resist for many ship owners, especially since freight rates...
This year has seen a further shake up in the profile of the containership orderbook. A decline in ordering in the larger boxship sector has been a major driving factor,...
While the policy debate surrounding crude oil transportation costs has emphasized accidents and spills, a new study by Carnegie Mellon University and University of Pittsburgh researchers indicates the debate is...
Greece on Tuesday said it would post a primary surplus of 3.82 percent of gross domestic product next year and continue 2017’s return to a growth trajectory after years of...
The global economy’s synchronized upswing should continue into 2018 but China’s plan to slow borrowing is a key uncertainty, according to Andrew Tilton, chief Asia-Pacific economist for Goldman Sachs Group...
China hopes the Shanghai Cooperation Organisation (SCO) security bloc will soon be able to set up a long-mooted free trade area, a senior Chinese diplomat said on Tuesday ahead of...
Benchmark interest rates might bump up against zero from 30 percent to 40 percent of the time in the U.S. going forward, and their neutral setting has fallen the world...
After receiving a surprise rating upgrade from Moody’s last Friday, India now has to watch its fiscal health if the country wants similar nods from the other two major agencies,...
German shipping giant Hapag-Lloyd officially named its Neopanamax containership Santos Express in Brazil on November 21. “On this special occasion, we wish the crew fair seas and a safe return...
Carriers’ overall on-time schedule reliability increased by 3.3%, from 64.3% in September 2017 to 67.6% in October 2017, latest data from intelligence provider CargoSmart shows. Regarding schedule...