Drewry, an independent maritime research consultancy has recently revised its projections of profits by container lines to a massive high of US$150 billion for 2021, which […]
Container lines set to make record profits worth US$150 billion in 2021
Tracking the world’s largest containerships
Ever Ace, the gargantuan vessel, operated by the Taiwan-based container shipping company Evergreen Marine, is set to travel through the Suez Canal later this month. by […]
Spotlighting the role of seafarers on World Maritime Day
World Maritime Day 2021 highlights “Seafarers: At the core of shipping’s future”. On 30 September 2021, IMO and the global maritime community come together to celebrate […]
Industry leaders call for government action to enable full decarbonisation by 2050
Leaders across the international shipping industry have signed a call to action for shipping decarbonisation, urging world leaders to align shipping with the Paris Agreement’s temperature […]
Seafarer access to medical care a matter of life and death
Joint Statement by IMO and ILO highlights need for prompt access for medical assistance for vital key worker seafarers The Secretary-General of the International Maritime Organization […]
UNCTAD Trade and Development Report 2021: from recovery to resilience: hanging together or swinging separately?
In 2021, the global economy will bounce back with growth of 5.3%, the fastest in nearly 50 years. The rebound is, however, highly uneven along regional, […]
Container congestion continues to devastate global supply chain
Global container congestion persists to wreak havoc on supply chain operations all around the globe. Global shipping has been facing erratic consumer demand, factory shutdown, and […]
IMO welcomes WHO vaccine roadmap seafarer prioritization
IMO Secretary-General Kitack Lim has welcomed the World Health Organization‘s decision to name seafarers as one of the groups of transportation workers that should be prioritised for […]
UNESCAP and Sri Lanka discuss Sustainable Freight Transport strategy
Press Release issued by Embassy and Permanent Mission of the Democratic Socialist Republic of Sri Lanka in Kingdom of Thailand A national consultation workshop on a […]
Carrier profits to surpass $100 billion in 2021
Container shipping liner profits will surpass $100 billion in 2021 despite continued operational disruption to ports and the global supply chain, according to Drewry Shipping Consultants (Drewry). […]