The return of vessel queues outside Singapore, and many other ports for the first time since Covid, points to trouble in the system that transports 45% of global trade by value. At least 6-7% vessel ...
“In 2023, 2.3 million TEU of container ship capacity was delivered, beating the former all-time high by 37%. Year-to-date another record has been set as more than 1 million TEU has already been ...
The Port of Virginia announced Wednesday that it can now accommodate four ultra-large container ships at the same time after rcently adding four new all-electric cranes and a fourth ultra-large vessel ...
This comes about 4 years after the container ship entered commercial service in April 2022, since which it has taken more ...
Container ships are the backbone of global trade, carrying 80–90% of the world’s non-bulk cargo and enabling the efficient transport of standardized containers across oceans. These vessels come in ...
On the much discussed topic of the Red Sea reopening, a decisive factor for future market development, Mr. Baack notes that the vessels transiting the area are the larger container ships, implying ...
French company Vela is building a first-of-its-kind trimaran which will criss-cross the Atlantic from early 2027.