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Maersk to invest $500m in Asia logistics business
Maersk already has a major presence in Asia following its acquisition of LF Logistics last year. Now it is seeking to capitalise on the region’s high growth rate
The Lloyd’s List Podcast: What does Federal Maritime Commission chair Dan Maffei think about shipping?
US Federal Maritime Commission chairman Daniel Maffei returns to the Lloyd’s List Podcast this week after a two-year gap between appearances. In a much changed market, he says there is some improvement but still further to go
How to keep the Panama and Suez canals open
Of course there are viable alternative routes. But simultaneous widespread disruption would be a strain on much of the shipping industry, not to mention the global economy
The week in charts: Container freight rates remain weak | Caspian fleet grows | First Greece-owned tankers return to load Venezuela oil
Monthly LA/Long Beach volumes continue above pre-pandemic levels, UK-owned ship facilitates first international export from Russian occupied Mariupol, and Maersk signs methanol supply deal with Chinese company
Shipping’s carbon challenge is a case of economic Darwinism
The EU Emissions Trading System is going to be difficult and expensive for shipping. It is without doubt flawed and there are many questions to be answered, but it will start to sift those who have been genuinely charting a new course from those who have been secretly hoping all this will just go away
Emanuele Grimaldi expects best-ever year at family-owned shipowner and reiterates global approach for GHG reduction
‘My next newbuilding orders will be for passenger ferries, but I would like to see more efficiency development on the technical side before we sign,’ says Emanuele Grimaldi
The week in charts: Shipping companies fail to set science-based climate targets | Houthis ‘hijack’ Israel-owned car carrier | Containership values drop
Prominent shipping companies are still failing to set science-based net zero targets, Israel-owned car carrier seized transiting the Red Sea, and how the owner of an unassuming south London restaurant became the front for shipping sanctioned Iranian gas trades
Marathon veteran Chen eases pace for CULines after long-haul retreat
Company has four newbuilding vessels on order — one of 2,400 teu, one of 2,700 teu and two of 7,000 teu — for delivery between next year and 2026, which will bring its self-owned fleet to 11 units. But fleet scale is no longer its aim
The week in charts: Civilian vessel struck in Ukraine | Tanker asset values head upwards | Iran’s oil exports remain elevated
Average sailing distance per teu shows no pronounced downward trend, Torm boosts fleet with secondhand ships, and scrubber spreads widened in the fourth quarter
Why P&I clubs are giving away tens of millions of dollars
As Mary Poppins could have told you, a spoonful of sugar helps the medicine go down
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Latest From Ports and Logistics
Maersk to invest $500m in Asia logistics business
Maersk already has a major presence in Asia following its acquisition of LF Logistics last year. Now it is seeking to capitalise on the region’s high growth rate
Port of NY & NJ banks busiest month of 2023 so far
The strong cargo volumes seen at the largest Atlantic gateway in October meant this was its busiest month of the year so far as retail demand boosted imports
How to keep the Panama and Suez canals open
Of course there are viable alternative routes. But simultaneous widespread disruption would be a strain on much of the shipping industry, not to mention the global economy
More from Containers
Are you sure you'd like to remove this alert? You will no longer receive email updates about this topic.
Latest From Containers
The week in charts: Greek shipowners in exodus from Russian oil trades| Panama Canal delays push up MR freight rates | Ammonia carrier orders grow
Top 10 class societies revealed, Greek shipowners turning away from lucrative Russian market and more ships tracked sailing to Ukraine’s Black Sea ports
Carriers box themselves in with lower charter ratios
Container lines bought up swathes of tonnage during the boom years. Now the market has turned, lower charter capacity will make it harder to cut their cloth to fit
Maersk to invest $500m in Asia logistics business
Maersk already has a major presence in Asia following its acquisition of LF Logistics last year. Now it is seeking to capitalise on the region’s high growth rate
Port of NY & NJ banks busiest month of 2023 so far
The strong cargo volumes seen at the largest Atlantic gateway in October meant this was its busiest month of the year so far as retail demand boosted imports
Houthis escalate Red Sea attacks on commercial shipping with strikes against three vessels
The Houthis have escalated their Red Sea threat with four attacks on three commercial ships in a span of just seven hours. A spokesperson for the Houthis mentioned attacks on only two vessels, which it said were due to their links to Israel, but only one of the three appears to have any such links
Shipping chief executives call for faster pace in decarbonisation drive
Joint statement ahead of COP28 from the bosses of box lines Maersk, CMA CGM, Hapag-Lloyd, Mediterranean Shipping Co and car carrier Wallenius Wilhelmsen called for even faster action from regulators
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