Containers
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CMA CGM flips newbuild fuel pick from methanol to LNG
Propulsion system design for eight 9,200 teu boxhips has been changed, as the French giant was said to be concerned over short supply and the high cost of green methanol
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
Israel’s Red Sea port open but demand plummets over security concerns
Missiles and drones targeting Eilat have missed or been intercepted, but the threat to shipping in the Red Sea has deterred shipowners from calling
Top 10 box port operators 2023
Singaporean operator PSA’s mainstay at the top of the box port league is extended by another year, in a 12-month period where volume growth was fairly subdued and the end of the post-pandemic boom hit home
Red Sea activity levels normal despite escalating Houthi threats
Governments are wary about the potential impact of hostilities on global trade, but data indicates there have been no major changes to traffic flows since Yemen’s militant group started targeting ships
How to keep the Panama and Suez canals open
Of course there are viable alternative routes. But simultaneous widespread disruption would be a strain on much of the shipping industry, not to mention the global economy
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
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Latest From Ports and Logistics
Ukraine’s Danube port turnover nears 30m tonnes this year, but demand starts to weaken
The government still sees the Danube ports as a strategic area after the reopening of the big Odesa seaports and is in discussions with neighbouring countries to further improve capacity
Israel’s Red Sea port open but demand plummets over security concerns
Missiles and drones targeting Eilat have missed or been intercepted, but the threat to shipping in the Red Sea has deterred shipowners from calling
Shippers face more disruption from blankings as carriers cull capacity
Container lines are blanking up to 40% of voyages on some trades. This is making supply chain planning difficult for cargo owners
More from Containers
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Latest From Containers
Samskip secures investment for hydrogen boxship
French investment group Eurazeo will invest $24m in Samskip’s hydrogen-fuelled containership that is due for delivery in 2025
Angel officers still under detention in Taiwan
Master writes second letter to president to plead for officers’ release
Houthis say the Red Sea is safe for international trade
Yemen’s Houthi rebels claimed they would not attack ships “except for ships belonging to the Zionist enemy or those related to it”
Maersk to launch first large methanol boxship on Asia-Europe trade
The Danish company says it has secured sufficient green methanol to cover the vessel’s maiden voyage
Israel’s Red Sea port open but demand plummets over security concerns
Missiles and drones targeting Eilat have missed or been intercepted, but the threat to shipping in the Red Sea has deterred shipowners from calling
Green methanol to lift transpacific freight rates 17% in 2030, UMAS report says
The worst-case scenario analysis from maritime consultancy UMAS points to freight rate increases of up to 17% on certain routes because of the rising costs of alternative fuels such as green methanol, while it finds that a flat rate carbon tax of $600 could be needed to close the green premium
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