November 2021 total fleet values in the following Top 10 Ship Owning Nations list include the following vessel types: Bulker, Tanker, Container, Reefer, Small Dry, LNG, […]
Top 10 Ship owning nations in the world
Container lines report record profitability in the third quarter
Αll global ocean carriers saw revenues increase substantially as a consequence of the record-high freight rates, with year-on-year revenue growth ranging from 83.9% for Maersk to […]
New report examines sea-based sources of marine litter
The sources and impact of sea-based marine litter form the focus of a new report by the Group of Experts on the Scientific Aspects of Marine […]
Asia Expands Its Lead in Maritime Trade and Business
Asia remains the largest seafarer-supplying region in the world. Four of the top five countries supplying seafarers in 2021 were from the region. Geneva, 18 November […]
Covid-19 Lowers Maritime Freight in Latin America and The Caribbean
Slow progress in digitalization and paperless transactions, lack of transparency in regulatory procedures and weaknesses in long-term planning are among the issues holding back port performance […]
AFCFTA Could Boost Maritime Trade in Africa
UNCTAD says the African Continental Free Trade Area (AfCFTA)could boost intra-African trade by up to 33% and cut the continent’s trade deficit by 51%. Geneva, 18 […]
Maritime Trade Weathers Covid-19 Storm But Faces Far-Reaching Knock-On Effects
UNCTAD predicts that annual growth in maritime trade between 2022 and 2026 will slow to 2.4%, compared to 2.9% over the past two decades. Geneva, 18 […]
High Freight Rates Cast a Shadow Over Economic Recovery
UNCTAD warns that global consumer prices will rise significantly in the year ahead until shipping supply chain disruptions are unblocked and port constraints and terminal inefficiencies […]
World’s largest LNG tank container ship launched
Tiger Gas (Shanghai), part of Hong Kong shipping investor Graham Porter’s portfolio, has launched the world’s largest LNG tank container ship. The ship, Tiger Maanshan, is […]
Ocean economy offers a $2.5 trillion export opportunity: UNCTAD report
A new UNCTAD report estimates the export value in ocean-based industries at $2.5 trillion, according to the latest available data, covering 2018. The report, entitled “Advancing […]