Monday, June 24, 2024
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Shipping

Navigating Ship Valuation: Insights into Global Methods and Challenges

Do you ever wonder how a ship’s value is determined? How do the shipowner companies make decisions about purchasing and selling different kinds of...

An Early Peak Season in Shipping This Year: What are the Effects?

Several factors coming together early in the season led to this early peak season in container shipping this year. This makes everyone nervous and will...

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3 Short to Medium-Term Risks for the Supply Chain & Ocean Shipping

With the upcoming Chinese New Year, the overall expectation is that ports will have a long-needed breather because there won’t be much cargo moving...

What is a Wharfage Charge?

PORTS NEWS

New Changes Implemented on the Panama Canal: Increases in Draft Limits and Daily Transits

The Panama Canal Authority, which administers the Panama Canal, announced it has finished implementing new policies: increased draft limits and increased daily transits. The Panama...

MTS Logistics Provides Job Training to Young Adults with Autism by Raising Over $120,000 Through 14th Annual Charity Bike Event, the Largest in Shipping

NEW YORK, NY – June 11, 2024 – MTS Logistics, Inc., a New York-based freight forwarding and logistics company, announced that its 14th Annual...

More Progress with Major Channel in the Port of Baltimore Opening This Weekend

It has been announced that the Port of Baltimore, closed to vessel traffic since the March collapse of the Francis Scott Key Bridge, will...

Chaos on the Don River: Russian Cargo Ship Smashes Vital Crimean Rail Bridge

Earlier this week, Russian cargo ship Zelenga struck a railway bridge on the Don River, in the city of Rostov-on-Don. Russian authorities noted that the...

South Carolina Ports Authority Went Dark for Three Days Due to Outage

A software problem caused a major disruption for the South Carolina Ports Authority last week. As a result, all vessel and container operations were put...

CHINA

Xeneta, a shipping analytics platform, recently revealed new data indicating that spot rates for ocean freight container shipping will surpass those seen during the...

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