2024, a record year for box shipping
In the third quarter, the sector recorded a total net profit of $26.8 billion (+856% year-on-year)
Carriers’ multiple routes to Net-Zero
Maersk and CMA CGM are the only carriers to have opted to rely on both methanol and LNG
Maersk Halifax goes dual-fuel methanol
According to the Danish shipping line, this is the first dual-fuel conversion for a large boxship
Gemini alliance dumps Felixstowe port
Maersk and Hapag Lloyd opt for London Gateway for importing and exporting their goods to/from the UK
No revenue from illegal transit fees
In a Lloyd's List interview, Houthis deny reports that they have earned 2bn from ships in the Red Sea
US to invest $580 million in its ports
The aim is to modernize its port infrastructure. 31 projects are to be financed in 15 states
British Columbia port strike over
Canadian Labour Minister orders the country's ports to resume operations. Talks on contract renewal start again
The Trump effect on US imports
According to Linerlytica, US imports will rise by 10/15% over the next 3 months as a new trade war looms
Hapag Lloyd’s $4bn mega order
The German liner orders 24 new boxships: twelve 16,800 TEU capacity vessels and twelve 9200 TEU ones