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Demand for secondhand tonnage has risen on better-than-expected container volumes and Red Sea diversions. Buyers include European and Chinese liner operators while Greek tonnage providers are becoming more active in the market
Pressure brought by newbuilding deliveries to China’s domestic shipping market is coming to an end, analyst said
Higher costs and closed trade lanes are hitting African countries hard. But there are opportunities for the continent to benefit in the longer term
Sonar has been used to identify the zones most likely to contain the bodies of two missing workers that fell into the Patapsco River when the Francis Scott Key bridge collapsed
Merging Grimaldi’s and Höegh Autoliners’ respective vehicle carrier fleets would upset the status quo led by Wallenius Wilhelmsen and the ‘Big Three’ Japanese operators, says Veson Nautical ro-ro analyst Andrea de Luca