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Carriers Skipped Quarter of European Port Calls due to Congestion

Carriers Skipped Quarter of European Port Calls due to Congestion

By The Maritime Executive
December 8, 2021
While much of the attention has been focused on the port congestion and resulting backups on the China to U.S. West Coast routes, new data from Alphaliner highlights the impact port congestion is havi...
Inchcape & Horizon Air Freight Partner on Marine Supply Chain Solution

Inchcape & Horizon Air Freight Partner on Marine Supply Chain Solution

By The Maritime Executive
December 8, 2021
[By: Inchcape Shipping Services] Inchcape Shipping Services and Horizon Air Freight have jointly announced a new partnership that will streamline Inchcape’s last-mile spares logistics and doo...
Kuwait Bans Shipping with Israel While DP World Withdraws Haifa Bid

Kuwait Bans Shipping with Israel While DP World Withdraws Haifa Bid

By The Maritime Executive
December 6, 2021
Despite signs of progress in Arab-Israeli trade after the normalization of relations with the UAE and Bahrain, there were recently two setbacks. Kuwait reaffirmed the hardline stance against Israel an...
Maritime Executive

Boom Times

By Tom Peters
December 6, 2021
“It never rains but it pours.” Does that age-old expression shed some light on the present state of the container industry? Ports are basking in record container volumes but also facing un...
MSC is Surpassing Maersk as World’s Largest Container Line

MSC is Surpassing Maersk as World’s Largest Container Line

By The Maritime Executive
December 3, 2021
Analysts have been forecasting since the spring that MSC was on track to become the world’s largest container carrier surpassing MSC. It apparently happened this week as MSC continued to take de...
Fuel Cell Systems Discussed as MSC’s Newest Cruise Ship Floats Out

Fuel Cell Systems Discussed as MSC’s Newest Cruise Ship Floats Out

By The Maritime Executive
December 2, 2021
MSC Cruises and Chantiers de l'Atlantique celebrated the beginning of the float out for the company’s newest and most technologically advanced cruise ship today, along with the placing of th...
European Shipowners Urge More Support for Ships in the Gulf of Guinea

European Shipowners Urge More Support for Ships in the Gulf of Guinea

By The Maritime Executive
December 2, 2021
The recent reemergence of pirate activity and attempted assaults on merchant ships in the Gulf of Guinea are raising new concerns over the continuing problems in the region off West Africa. The Europe...
Eneti Exercises Option for Second WTIV to be Built in South Korea 

Eneti Exercises Option for Second WTIV to be Built in South Korea 

By The Maritime Executive
December 2, 2021
Eneti, the company that emerged in 2021 from the former Scorpio Bulkers, is continuing its efforts to become a leader in the offshore wind sector. The company exercised a construction option for a sec...
Xeneta: “Astronomical” Monthly Hike Pushes Container Rates Up 121%

Xeneta: “Astronomical” Monthly Hike Pushes Container Rates Up 121%

By The Maritime Executive
December 2, 2021
[By: Xeneta] Long-term contracted ocean freight rates rocketed by a further 16.3% over the course of November, consolidating recent gains to leave container shipping costs up 121.2% year-on-year. T...
Kalmar to Deliver Order of Straddle Carriers to MPET & PSA in Antwerp

Kalmar to Deliver Order of Straddle Carriers to MPET & PSA in Antwerp

By The Maritime Executive
December 2, 2021
[By: Kalmar] Kalmar, part of Cargotec, has signed an agreement with MSC PSA European Terminal (MPET) and PSA Antwerp to deliver a total of 34 Kalmar Straddle Carriers for their terminals in Antwerp...

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