‘It’s a nice stunt by a politician, but it hasn’t gotten any traction,’ argues Clyde & Co partner

‘The solution was driven more by political intervention than it was by a traditional collective-bargaining process, and it is a temporary solution,’ MSC executive Bud Darr told a New York forum last week. ‘The dynamics around that may very well change a bit after the election’

Ship transits through the Panama Canal were flat in September versus August, as the waterway continued to handle fewer vessels per day than available reservation slots. In the fiscal year that ran through to the end of last month, transits fell by almost one-third versus the prior year

Its future success may serve as a test to whether China can continue its economic miracle and to lead global trade and energy transition

The 2023-2024 drought at the Panama Canal was historically severe and had major impacts on container, LPG, LNG and dry bulk shipping routes. Alexei Oduber, head of shipping agency GAC Panama, outlines the lessons learnt

Verdict could go either way, with legally well-founded claim for limitation pitched against understandable anger of entire city

Listed liner companies are set to report their best quarterly results in two years, courtesy of the ongoing Red Sea crisis and the pull-forward of cargo ahead of the US port strike. But 3Q24 will likely mark the peak of the current cycle, with lower results ahead

The top 10 containership operators still operate some 680 vessels aged 20 years or older, representing a capacity of 2.6m teu. Some carriers will simply need new tonnage to rejuvenate their existing fleets. Meanwhile, investment is heavily focused on large ships, which could mean a shortage of feeder tonnage is looming