Tag: maritime trade

China Merchants Energy Shipping (CMES) has announced plans to consolidate its holdings in Antong Holdings, forming "China Merchants Container Shipping" through a strategic restructuring involving Sinotrans Shipping and Guangzhou China Merchants Ro-Ro Transport.

On 3rd June, in the presence of Greek Prime Minister Kyriakos Mitsotakis, Greek and international ministers, European officials and presidents of all major international shipping organisations, Posidonia 2024 was officially inaugurated during a ceremony held at the main conference hall of the Athens Metropolitan Expo.

American P&I Club has issued an alert to inform interested parties on how the flooding in the southern region of Brazil has impacted port operations. 

According to an analysis by Xeneta, water levels rise in the Panama Canal, so do hopes that ocean freight container services can return to business-as-usual following more than a year of restrictions due to drought.

Global and European trade associations have issued an urgent alert to all businesses involved in the movement of goods into or via the European Union, Norway, Switzerland, or Northern Ireland by sea, road, or rail, to prepare for the new Import Control System (ICS2) that will start to be introduced from June this year.

To accommodate LNG customers, the Panama Canal Authority is reportedly considering modifying slot allocations and conducting surveys to identify their needs.

A heavy flood during the first days of May 2024 in southern Brazil has devastated food storage facilities, obstructed shipping routes to ports, and endangered the nation's exports, particularly impacting Rio Grande do Sul state. 

In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, explores container ship deliveries, which continue to break records. 

Sea-Intelligence has published issue 152 of the Global Liner Performance (GLP) report covering schedule reliability across 34 different trade lanes and 60+ carriers, with figures up to and including March 2024.

According to sources from the European Union, the European Commission is likely to suggest imposing penalties on vessels transporting North Korean military equipment to Russia, as well as on tankers that violate the G7's price limit for Russian oil, Reuters highlights.