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Zim to alter routes amid threat to Israel-linked vessels
Israeli carrier Zim is rerouting some vessels in light of ‘the threat to safe transit of global trade in the Arabian and Red Seas’
The Lloyd’s List Podcast: What does Federal Maritime Commission chair Dan Maffei think about shipping?
US Federal Maritime Commission chairman Daniel Maffei returns to the Lloyd’s List Podcast this week after a two-year gap between appearances. In a much changed market, he says there is some improvement but still further to go
The week in charts: Container freight rates remain weak | Caspian fleet grows | First Greece-owned tankers return to load Venezuela oil
Monthly LA/Long Beach volumes continue above pre-pandemic levels, UK-owned ship facilitates first international export from Russian occupied Mariupol, and Maersk signs methanol supply deal with Chinese company
Shipping’s carbon challenge is a case of economic Darwinism
The EU Emissions Trading System is going to be difficult and expensive for shipping. It is without doubt flawed and there are many questions to be answered, but it will start to sift those who have been genuinely charting a new course from those who have been secretly hoping all this will just go away
Emanuele Grimaldi expects best-ever year at family-owned shipowner and reiterates global approach for GHG reduction
‘My next newbuilding orders will be for passenger ferries, but I would like to see more efficiency development on the technical side before we sign,’ says Emanuele Grimaldi
The week in charts: Shipping companies fail to set science-based climate targets | Houthis ‘hijack’ Israel-owned car carrier | Containership values drop
Prominent shipping companies are still failing to set science-based net zero targets, Israel-owned car carrier seized transiting the Red Sea, and how the owner of an unassuming south London restaurant became the front for shipping sanctioned Iranian gas trades
Marathon veteran Chen eases pace for CULines after long-haul retreat
Company has four newbuilding vessels on order — one of 2,400 teu, one of 2,700 teu and two of 7,000 teu — for delivery between next year and 2026, which will bring its self-owned fleet to 11 units. But fleet scale is no longer its aim
The week in charts: Civilian vessel struck in Ukraine | Tanker asset values head upwards | Iran’s oil exports remain elevated
Average sailing distance per teu shows no pronounced downward trend, Torm boosts fleet with secondhand ships, and scrubber spreads widened in the fourth quarter
Why P&I clubs are giving away tens of millions of dollars
As Mary Poppins could have told you, a spoonful of sugar helps the medicine go down
IG chief cites growing geopolitical risks as top concern
Shaw believes verifying authenticity of price cap attestation for Russian cargo should not be the task of clubs, despite IG-insured tanker found breaching the G7 rules
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Latest From Ports and Logistics
White House announces new actions to strengthen supply chains
The White House has unveiled new measures it says will strengthen US supply chains
Overcapacity hits equipment sector as market slows
Carriers boosted their container fleets to deal with congestion-driven shortages. But as the market has normalised there is now excess equipment capacity too
No easy fix for Panama Canal congestion
Short-term measures are being taken to save water, where possible. But there is no simple or answer to the long-term issue of water shortages in Panama
More from Containers
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Latest From Containers
Maersk diverts Israel-linked vessels from high-risk area
A string of recent attacks on vessels linked to Israeli interests have seen at least two carriers divert away from the Red Sea. Maersk admits there will be delays to cargoes
Carrier ETS surcharges should converge
There is still a wide disparity in the prices being indicated for the initial quarter of ETS implementation. But some expect this gap to reduce as actual costs become more apparent
White House announces new actions to strengthen supply chains
The White House has unveiled new measures it says will strengthen US supply chains
Overcapacity hits equipment sector as market slows
Carriers boosted their container fleets to deal with congestion-driven shortages. But as the market has normalised there is now excess equipment capacity too
Zim to alter routes amid threat to Israel-linked vessels
Israeli carrier Zim is rerouting some vessels in light of ‘the threat to safe transit of global trade in the Arabian and Red Seas’
Israeli shipowners set to pay more for Red Sea war risk cover after attacks
Premiums already up 200% after Galaxy Leader hijack and likely to get firmer this week
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