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BIMCO approves management agreement for autonomous vessels

Alexandros Itimoudis - October 9, 2024 0

BIMCO’s Documentary Committee has recently approved the AUTOSHIPMAN agreement to support the increasing number of remotely controlled vessels. The AUTOSHIPMAN deal establishes a standardized contractual...

News

BIMCO, ICS publish guide to help maritime industry reduce underwater noise

Container News Team - October 7, 2024 0

BIMCO and the International Chamber of Shipping (ICS) have developed a guide aiming to help the shipping industry understand and reduce underwater radiated noise...

Industry Opinions

Container spot rates experience steepest decline in non-Covid year

Ioanna Kontos - October 2, 2024 0

"The Shanghai Containerized Freight Index (SCFI) fell another 10% in week 39. In total, the SCFI has dropped 43% during the third quarter, the...

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Condition of Ukrainian Ports 30 Months After the Russian Invasion

Alexandros Itimoudis - September 30, 2024 0

Ukraine’s maritime trade has been profoundly affected by the Russian invasion, transitioning from a competitive regional player to one facing near-total disruption of its...

Industry Opinions

Strong dry bulk market fuels 42% drop in ship recycling

Ioanna Kontos - September 18, 2024 0

So far this year, only 45 ships have been recycled, adding up to 2.5 million deadweight tonnes (DWT) or 0.2% of the fleet. Recycling...

European ocean carriers navigating through uncertain waters

Alexandros Itimoudis - September 18, 2024 0

Major European shipping companies, like Hapag-Lloyd, Maersk and CMA CGM, are facing significant challenges in 2024, driven by declining freight rates, geopolitical instability, and...

Industry Opinions

Chinese seaborne dry bulk imports up 6% despite economic challenges

Container News Team - September 11, 2024 0

So far in 2024, China has increased its inventories of iron ore, coal and grains, which has been a positive demand driver. Iron ore inventories...

Industry Opinions

Container ship contracting spree now exceeds 10 million TEUs

Ioanna Kontos - August 28, 2024 0

"When only six ships with a capacity of 4,746 TEU were contracted in the fourth quarter of 2023, many might have thought that the...

Industry Opinions

Container ship fleet sees fastest growth in 15 years

Ioanna Kontos - July 24, 2024 0

Since the beginning of the year, the capacity of the container ship fleet has increased by 1.6 million TEUs. "Compared to one year ago, the...

Industry Opinions

BIMCO: Dry bulk newbuild contracting fell, despite strong market

Container News Team - July 18, 2024 0

“During the first half of 2024, newbuild contracting in the dry bulk sector fell 34.2% y/y despite favourable market conditions. A 6.5% y/y increase...

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