News
European deforestation regulation harbours risks for imports
The EUDR, formally known as Regulation (EU) 2023/1115, adopted on 9th June 2023, sets out detailed rules designed to prevent the importation and exportation of specific products linked to deforestation […]
China and Hong Kong raise emergency alerts ahead of Typhoon Yagi
Storm Yangi has intensified into a super typhoon as it churns towards China, making it possibly the strongest storm to hit the country in nearly a decade. Trains have ceased […]
Explosion in the port of Ningbo: Batteries a possible cause
The cargo in one of the containers may have played an important role in the explosion on a freighter in a Chinese harbour last Friday.
The explosion on the container ship […]
Start of the fumigation season for export containers to Australia and New Zealand
The Australian Ministry of Agriculture, Fisheries and Forestry prescribes that export containers, flat racks and break bulk to Australia are to be treated to prevent the introduction of the brown […]
Singapore port congestion causing major disruptions
Singapore, one of the world’s most significant maritime hubs, is currently facing severe port congestion, further worsening the existing shortage of ships and containers. Data from maritime intelligence firms indicate […]
Seaport handling brings container hauliers to the barricades
Up to four hours lost: the desolate handling situation at two Hamburg terminals is causing trucking companies a lot of frustration. The handling chaos at two Hamburg terminals is causing […]
Mounting container shortages creating havoc
A surprisingly strong market, plus lower vessel capacity due to the Red Sea crisis, is creating a shortage of both ships and containers. Empty containers out of China, especially northern […]
General Average declared for “MV Dali”
Singapore-based Grace Ocean has officially declared General Average on its vessel, the Maersk-chartered and operated Dali, which was involved in the Francis Scott Key Bridge allision in Baltimore.
General Average is […]
European emissions trading system to be extended to shipping
From 1 January 2024, shipping lines whose fleets call at European ports will have to purchase freely tradable emissions certificates. Maritime transport currently accounts for 2.5 per cent of global […]
Rates continue to spiral upwards
Shortly before the next general rate increase (GRI) by the liner shipping companies, market rates have continued to rise sharply. Last Friday, the Shanghai Index SCFI jumped by 16 per […]
