Boxships getting slower and slower
According to BIMCO their average speed decreased by 4% in the 1st quarter and could be 10% slower by 2025
First LNG cargo arrives at Piombino
The Greek LNG carrier, the 'Maran Gas Kalymonos,' entered the harbour just after 11pm on Thursday
MSC scrapping some of its ships again
So far this year the Italian-Swiss carrier has sold six boxships for scrapping. It had not done this since 2018
Gabon, pirates kidnap three seafarers
The Grebe Bulker, a bulk carrier with 20 crewmembers on board, was attacked yesterday
Ad Ports expanding its fleet
The Abu Dhabi group has purchased three oil tankers and five bulk carriers for a total of 260 million dollars
New York & New Jersey up front
The two East Coast ports handled 1.79 million TEUs in Q1, overtaking the Port of Long Beach
California to put a ban on diesel trucks
From 2024 heavy-duty vehicles using traditional fuels can no longer circulate in Californian ports
Livorno, PA’s final balance sheet approved
Investment continuity and economic stability: the Port Network Authority closes 2022 with accounts in order
Box spot freight rates oscillating
Container shipping rates have been fluctuating, falling by an average of 2% on a weekly basis