Today, we ran an article on the ILWU/ PMA labour negotiations. “The PMA has pointed out that dockworkers’ wages on the west coast are approaching $195,000 a year, and the union countered with pointing to a collective profit of $150bn for the ocean shipping industry in 2021. “One observer point...

The German carrier announced that all shipments moving via barge would be stopped until 30 June, a decision that coincided with the latest update from barge operator Contargo, which noted that its wait times at Antwerp had jumped from 33 hours at the end of May to 46 hours today. In an operational u...

However, a proposal to extend its carbon market to all departing flights was passed. Yesterday’s vote came as the maritime sector debates greenhouse gas emissions at the International Maritime Organization (IMO). Shipping industry organisations such as the International Chamber of Shipping (ICS) h...

Hapag-Lloyd has agreed to pay $2m in civil penalties relating to violations of D&D charges. A Federal Maritime Commission (FMC) statement said the agreement with the carrier and the fines imposed are designed to restore “full confidence” in the US ocean freight regulatory system. FMC chairma...

Yesterday he walked for 12 hours, up and down Welsh mountains on his Sea-to-Sea walk along Offa’s Dyke, from the Severn estuary in south Wales to the Irish Sea coast in north Wales. “There are still four days to go – and it has been hard,” he said. “It was supposed to be the most dramatic ...

Container Trade Statistics’ April demand data showed that global demand declined 4.2% year-on-year during the month. But the headline number masked a mixed bag of demand for the Asia-North Europe and transpacific tradelanes, with the former slumping by 8%, while North American imports were unfalte...

The International Longshoremen and Warehouse Union (ILWU), which represents nearly 14,000 port workers in California, Oregon and Washington State, and the Pacific Maritime Association (PMA) on behalf of shipping lines and terminal operators at 29 west coast ports, have been discussing terms of a new...

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VesselsValue shows that the two newbuildings are among eight sister vessels that StarOcean ordered at Yangzijiang Shipbuilding in China in January 2021, for $23m each. The ships are all expected to be delivered by July 2023, with deliveries beginning this year. “The [two Transfar] newbuildings, ex...

CMA CGM has followed its 6 June announcement that it had ordered six new-Panamax ships that are methanol-ready with a second order, worth a reported $736m in total, with expected deliveries of the vessels in 2025. According to CMA CGM, the company’s methanol powered vessels are: “In line with CM...