Navigating the Ocean Shipping Reform Act, Part One: The Overview

On June 16, 2022, President Joe Biden signed the Ocean Shipping Reform Act of 2022 (OSRA). OSRA’s objective is to reduce shipping costs and address concerns relating to supply-chain challenges. OSRA provides the Federal Maritime Commission (FMC) with more authority to address specific issues impacting supply chains. In addition, OSRA is a springboard for additional …

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Tras firma con MAN, Tianjin Southwest acepta opción de reconversión de tanqueros GLP para …

La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …

Tras firma con MAN, Tianjin Southwest acepta opción de reconversión de tanqueros GLP para … Read More »

OMI investiga la disponibilidad de combustibles del futuro y tecnologías marítimas de baja y …

La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …

OMI investiga la disponibilidad de combustibles del futuro y tecnologías marítimas de baja y … Read More »

Caribbean Feeder Services lanza un servicio semanal que conecta Trinidad y Guyana

La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …

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VesselsValue: Container demolition

January was the busiest month for Container demolition sales since July 2020. All sales reported were on the smaller scale, with four Feedermax vessels committed and nine Handy Containerships setting sail for their final voyage to be recycled in India. All Container vessels scrapped were built in the 1990s with an average age of 1996, …

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Regional regulations bring benefits

Regional regulation has, in the past, been criticised for unfairly skewing a global market, but localised shipping rules can also be viewed through a positive lens. Speaking with The Baltic, James Corbett, environmental director for Europe at the World Shipping Council (WSC), said that regional regulation could be seen as an “attractor”, presaging and influencing …

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Drewry: World Container Index Down 2% This Week, 79% Down Since Last Year

Drewry’s composite World Container Index decreased by 2% to $1,997.22 per 40ft container this week. Our detailed assessment for Thursday, 09 February 2023 The composite index has decreased by 2% this week, and has dropped by 79% when compared with the same week last year. The latest Drewry WCI composite index of $1,997 per 40-foot …

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Lag effect: Why liner profits stay high much longer than spot rates

Spot container shipping rates in many trades have already collapsed back to pre-COVID levels. But container liner earnings are still nowhere near where they were pre-pandemic. Ocean carriers are still earning billions more per quarter than they used to. German carrier Hapag-Lloyd reported earnings before interest, taxes, depreciation and amortization of $3.8 billion for the …

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