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Baltimore bridge collapse seen affecting port, economy
27 March 2024 1:00 PM GMTVessel traffic into/out of Baltimore port suspended until further notice; six workers were missing and presumed dead
MSC subsidiary offers €142.03/share to buy 42% stake in Clasquin
25 March 2024 12:54 PM GMTClasquin reported sales of €562mn in 2023, a decline of 36% YoY, and Group share of net profit was down 16% to €18mn
2023 schedule reliability up 19.5ppts; Drewry WCI down 4%
4 Feb 2024 5:30 AM GMTDrewry World Container Index (WCI) declined four percent to $3,824 per 40ft container to the week of February 1, 2024
Maersk pauses all Red Sea transits
3 Jan 2024 7:53 AM GMTMaersk Hangzhou was attacked multiple times by Houthis in the Red Sea last week
#RedSeaConflict: Drone attacks continue, no ships hit
29 Dec 2023 7:05 AM GMTU.S. Navy shot down one drone, one anti-ship missile on Dec 28; MSC, Hapag continue to divert ships
#RedSeaImpact: Spot rates zoom, longer lead times ahead
22 Dec 2023 9:45 AM GMTMSC introduces a new acronym - contingency adjustment charge (CAC), Maersk, CMA CGM announce diversions
Another 'Black Swan' event: Red Sea blues for supply chains
18 Dec 2023 5:14 AM GMTMSC, CMA CGM halt Red Sea sailing after attacks; only positive - Panama Canal increases crossings from January 2024
MSC buys 49% stake in Adani Ennore Container Terminal for Rs 247cr
15 Dec 2023 1:44 PM GMTAdani Ennore Container Terminal has an annual capacity of 0.8 million TEUs, which can be increased to 1.4 million TEUs
Schedule reliability unchanged in October
2 Dec 2023 9:42 AM GMTMaersk was the most reliable among the top 13 carriers followed by MSC and CMA CGM
MSC renews ISO 9001:2015 certification for Quality Management Systems
14 Nov 2023 3:30 AM GMTISO 9001:2015 is the global business assurance standard issued by Quality Management Systems (QMS) overseen by the International Organization for...
Container shipping schedule reliability improves to 64.4%
2 Nov 2023 1:51 PM GMTWith 71.3% schedule reliability in September, Maersk and Hamburg Süd were the most reliable top-14 carriers
Israel-Palestine war: Maritime industry cautious
13 Oct 2023 10:46 AM GMTHostilities beyond the borders could introduce risks to two vital shipping choke points - Suez Canal & Strait of Hormuz