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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