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

The next strike deadline — January 15, 2025 — may incentivise importers to pull forward pre-Chinese New Year cargoes. But overall, positive effects of the strike on carriers’ fourth-quarter results now appear limited. The offshore ship backlog is much lower than it was a few days ago

The dockworker strike at US east and Gulf coast ports turned out to be brief, minimising market impacts. However, there will be still be supply chain effects: The offshore backlog had already risen to 60 containerships by the time the deal was reached