The Container Shipping Boom: Navigating the Seas of Record-Breaking Growth in 2024 In the dynamic world of container shipping, 2023 marked a remarkable year with shipyards delivering 350 new container ships, boasting a total capacity of 2.2 million TEU (Twenty-foot Equivalent Unit). This achievement not only surpassed the previous record [...]
CMA CGM Unveils CEIBA Express: A Game-Changer in Transcontinental Shipping In an exciting development for the shipping industry, French ocean carrier CMA CGM has recently declared the launch of CEIBA Express. This direct weekly service aims to bridge the gap between Florida and key destinations in South and Central America, [...]
Container Shipping Crisis: One in Five Ships Faces Demolition, Industry in Turmoil The global container shipping industry is facing a significant challenge. New analysis by Alphaliner reveals that one in five container ships around the world is ready for demolition. The largest liner in the world, the Mediterranean Shipping Co [...]
In today’s interconnected world, the movement of goods across borders and oceans has become an integral part of global trade. At the heart of this intricate web of commerce stands the humble yet indispensable container ship. These mammoth vessels play a pivotal role in facilitating the transportation of goods across [...]
A groundbreaking new ship has been developed, and it’s powered by portable container-sized batteries. This vessel is designed for specific river and coastal routes, weighing 10,000 deadweight tons and measuring 119.8 meters in length, 23.6 meters in molded beam, and 5.5 meters in draft. The ship boasts two powerful 900kW [...]
A smaller container ship anchored off Taiwan’s Kaohsiung port faced a dangerous situation and had to be evacuated. The ship, called “The Angel,” is 21 years old and arrived in Taiwan from Dalian, China, on July 4. It’s registered in Palau and has a capacity of 1,262 containers. Early on [...]
In 2022, the global ship finance industry faced significant challenges due to various factors affecting the shipping market. The Ukrainian war and geopolitical tensions led to a sharp increase in energy prices, including natural gas, crude oil, and coal. This, along with international sanctions, resulted in a divergence between energy-related [...]
According to Christian Roeloffs, co-founder and CEO of Container xChange, Indian container logistics players should anticipate significant obstructions in port operations and restrictions on container movements due to Cyclone Biparjoy approaching the Gujarat coast. The disruptions extend beyond ports, as rail transportation in the affected areas is also severely impacted. [...]
