NEWS
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Carriers shift capacity as transatlantic rates sharply decline: Alphaliner
OCEAN carriers are shifting capacity out of the transatlantic trade, as slowing demand takes rates below pre-Covid levels, says Paris-based consultant Alphaliner.This marks the end of a wild three-year ride where rates from North Europe to North America soared, reaching US$8,000 per FEU in the la...
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ILA chief calls for global fight against port, and maritime automation
THE east and Gulf coast dockers union is calling for a trade union common front to oppose ocean carriers and marine terminal operators that seek to automate port operations, reports New York's Journal of Commerce."It is time we put companies out of business that push automation. Someone ...
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Panama Canal transits 17,312-TEUer, but it's a bit of a cheat
RISKING the impact of a low water drought, the Panama Canal Authority (ACP) celebrated the transit of the 17,312-TEU Ever Max, the highest-capacity containership ever to navigate the waterway, reports Ventura, California's gCaptain.However, it was a bit of a cheat. The ship transited with onl...
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