Over 70 ships are stranded off the coast of China, as a result of an ongoing trade dispute with Australia, which has brought significant pressure to charterers and has left more than a thousand of seafarers trapped onboard for months.
Following a really tough year for shipping industry and seafarers, BIMCO has launched a two-minute film aiming to raise awareness of how significant a role shipping plays in society and daily lives.
Container shipping proved resilient in 2020 regarding the volumes as well as freight rates. According to BIMCO, after a 5.0 million TEU drop in volumes, volumes fell by only 1.7% by the end of November.
The U.S. trade deficit widened to the second-largest on record in November, with merchandise imports reaching a more than one-year high during the holiday shopping season.
Following the exit of UK from Europe, HAROPA and Ports of Normandy joined forces to help transport operators be better prepared for Brexit changes.
High shipping rates will continue for at least several weeks, despite new COVID-19 lockdowns in Europe, believes shipping group Maersk.
With the United Kingdom officially leaving the European Union on 1st January 2020, the EU and the UK managed to reach an outline agreement on a future post Brexit deal.
As Brexit coming closer, the European shipping industry applauds the efforts of both EU and UK negotiators to ensure the continued fluidity of shipping trade.
Two federal maritime commissioners sent a letter to World Shipping Council President and CEO John Butler, expressing concern about reports that ocean carriers are refusing the carriage of US exports.
A.P. Moller – Maersk along with the pharmaceutical company Novo Nordisk, shake hands and signed an agreement in order to transport pharmaceuticals using sustainable biofuel.
