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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 unprecedented...
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 delivery...
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 the first ke...
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...
FMC Commissioner Calls for More Action to Speed Up LA/Long Beach Cargo

FMC Commissioner Calls for More Action to Speed Up LA/Long Beach Cargo

By The Maritime Executive
December 1, 2021
On Wednesday, a member of the Federal Maritime Commission called for the FMC to take additional action on port congestion at the ports of LA and Long Beach by addressing issues with night hours and tr...
High Winds Push MSC Boxship Aground in Prince Rupert, B.C.

High Winds Push MSC Boxship Aground in Prince Rupert, B.C.

By The Maritime Executive
November 26, 2021
Just one week after severe weather from an atmospheric river system destroyed the Port of Vancouver's rail connections to Canada, a similar weather event has struck the port of Prince Rupert, B.C. In...

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