Toll invests A$200 million in upgrading Australian fleet
PRESS RELEASE Oct 18th, 2024 Toll Group has announced plans to invest $200 million [US$134m] in new ...
The IMO’s 0.5% sulphur fuel cap will cause an “existential crisis” for container carriers, unless they can pass on the added bunker costs to shippers.
APL chief executive Nicolas Sartini said carriers had little choice but to opt for considerably more expensive low-sulphur fuel from January 2020, since the alternatives – using LNG or fitting ships with scrubbers – were not viable short-term solutions.
“We are 100% behind the regulation as it’s good for the environment,” he told delegates at the TPM Asia conference ...
European port congestion now at five-to-six days, and getting worse
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'Cargo collision' expected as transpacific capacity tightens and rates rise
Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
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Air cargo forwarders stick to spot rates – a long-term contract would be 'foolish'
Yang Ming chief announces rethink on ordering 'megamax' box ships
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