Page 9 - Intelligence Limited News Today

As the French container line company reports a return to profitability in its first quarter, spot rates in the second quarter are strengthening further. The Shanghai Containerised Freight Index has hit its highest point since September 2022

Eight of the 11 crew were rescued by Romanian authorities and commercial vessels, but three Syrian seafarers are still missing after Mohammed- Z and Michel collided off Constanta

Several senior Chinese shipping figures have been caught up in a nationwide anti-corruption drive in recent years

Port operators and associations have slammed the report, questioning its methodology and value for shipping. There is criticism of the comparison of shipping emissions with car emissions, described as comparing apples with oranges

Taxing shipping emissions will raise a lot of cash. How should it be spent? | Large rise in empty equipment teu/miles | Economou ends proxy fights with Genco and OceanPal

Rising tonne mile demand growth is propping up spot rates, longer sailing distances mean that carriers are transporting empties further, and CMA CGM shipping revenue per feu is up 17% in 1Q24 versus 4Q23

Red Sea rerouting may have dented transhipment traffic at the port of Piraeus, but the prospects for Greek ports are higher than ever. Just ask Emanuele Grimaldi

Equipment shortages are emerging but there are few signs of lockdown-era disruption

Recycling the money within the industry will not be enough for states, while a trading scheme would worsen inequity, a recent paper argues

There were 10 listed ship operators in the Jones Act trades in the 2000s. Assuming the sale of Overseas Shipholding Group goes through, the count will be down to two: one containership owner and one coastal tank-barge owner