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BIMCO: Containership Orderbook Hits Highest Mark Since 2008

BIMCO: Containership Orderbook Hits Highest Mark Since 2008

By The Maritime Executive
April 8, 2022
Skyrocketing demand for container capacity along with pending environmental regulations which are aging out older segments of the industry have been driving strong order volume for containerships. Sin...
Maritime Executive

Reefer Shippers Urged to Reroute as Shanghai Lockdown Causes Backlogs

By The Maritime Executive
April 8, 2022
While Chinese officials continue to insist that the port of Shanghai is functioning, there are increasing reports of congestion even before city officials moved to further tighten restrictions and ext...
Maritime Executive

More Containerships Wait off US East Coast as West Coast Backlog Falls

By The Maritime Executive
April 7, 2022
In a unique reversal of fortune, U.S. West Coast ports are celebrating their progress at reducing congestion and backlogs with the pendulum however swinging east where major ports are now struggling w...
Royal Caribbean Marks Construction Milestones for Two Mega Ships

Royal Caribbean Marks Construction Milestones for Two Mega Ships

By The Maritime Executive
April 5, 2022
Royal Caribbean International celebrated a double “first event” as the cruise line moves forward with the construction of its two new giant cruise ships which will be among the largest in the world. T...
Singapore Maritime Week 2022: Forging Ahead through Transformation

Singapore Maritime Week 2022: Forging Ahead through Transformation

By The Maritime Executive
April 4, 2022
[By: Maritime and Port Authority of Singapore] The 16th edition of Singapore Maritime Week (SMW) 2022, the region's leading maritime event organised by the Maritime and Port Authority of Singapore...
Video: Disney’s New Cruise Ship Completes River Conveyance 

Video: Disney’s New Cruise Ship Completes River Conveyance 

By The Maritime Executive
April 1, 2022
Disney Cruise Line’s new cruise ship, the approximately 144,000 gross ton Disney Wish, completed a key step in its construction on March 31 traveling from the Meyer shipyard in Papenburg, Germany to E...
Maritime Executive

MSC Group Reaches Agreement to Acquire Bolloré Africa Logistics

By The Maritime Executive
April 1, 2022
Three months after announcing that it had made an offer to acquire an African logistics business, MSC and Bolloré confirmed that they entered into a share purchase agreement for the group’s shipping,...
Maritime Executive

Ocean Shipping Reform Act Passed by U.S. Senate Voice Vote 

By The Maritime Executive
March 31, 2022
In a rare moment of bipartisanship in a deeply divided U.S. Congress, the Senate today passed the Ocean Shipping Reform Act with a simple voice vote. According to the sponsors, the bill, which receive...
Video: U.S. Coast Guard Offloads $220M in Cocaine in San Diego

Video: U.S. Coast Guard Offloads $220M in Cocaine in San Diego

By The Maritime Executive
March 31, 2022
On Thursday, the U.S.?Coast Guard Cutter Kimball offloaded more than 11,300 pounds of cocaine with a street value of $220 million in San Diego. The drugs were seized in the Eastern Pacific off Cent...
Maritime Executive

Carriers’ Schedule Reliability Improves for First Time in Two Years 

By The Maritime Executive
March 30, 2022
After a prolonged decline, schedule reliability among container carriers showed the first significant improvement since the onset of the pandemic. While nearly two-thirds of all containerships are sti...

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