Shipping Blog
Important and relevant information at your fingertips
The world of shipping is one of the most complex and intriguing industries in the world. The movement of goods across oceans and continents is essential to the global economy and has played a pivotal role in shaping human history. From the grandeur of massive container ships and their global supply chains to the small-scale operations of local fishermen, the shipping industry touches every aspect of our lives.
Our Shipping Blog is a window into this fascinating world, providing insight into the latest trends, technologies, and challenges facing the industry. Whether you’re a maritime professional, a student of history, or simply curious about the world around you, our shipping updates have something to offer.
Shanghai Covid lockdown extended to entire city
Chinese authorities have extended their lockdown of Shanghai to cover all its 25 million people after a fresh surge in Covid cases. Initially, there had been separate measures for the eastern and...
Shipping industry triples profits in 2021
The figures are eye-watering. The latest research by maritime consultancy Sea-Intelligence reveals that global shipping lines made an operating profit of over US$110 billion in 2021. HMM and OOCL...
Shanghai Covid-19 outbreak raises congestion concerns
A new Covid-19 outbreak in Shanghai has given rise to concerns that the world’s busiest container port may see growing vessel queues. On 21 March, just as the Chinese government lifted the lockdown...
Russia seizes Boeings in sanctions boomerang
Russian President Vladimir Putin has signed a law authorising the seizure of 543 Boeing and Airbus aircraft worth $13bn to support Russia’s own inventory. The Russian government has justified...
MSC announces fuel surcharge adjustments
Although bunker fuel prices have stayed steady at around $922.50 per tonne after breaking through the $1000-mark a little over a week ago, the world’s biggest line by capacity has said it will be...
Russian Invasion: Biggest Commodities Shock yet to come
Russia’s invasion of Ukraine is unleashing the biggest commodity shock since 1973, and one of the worst disruptions to wheat supplies since the first world war. Ukraine is considered to be...
Ransomware attack hits Nhava Sheva container terminal
A suspected ransomware attack has knocked out the management information system (MIS) at Jawaharlal Nehru Port Container Terminal (JNPCT), one of five marine facilities in India’s top container...
More airlines cancel flights to Ukraine
Several European airlines have suspended or reduced flights to Ukraine as tensions mount over a possible Russian invasion of the country. Lufthansa, alongside sister carriers Austrian Airlines and...
New change for imports to Egypt
Last fall, Egypt implemented its Single Window platform into its operations and was very successful in obtaining the required advance data. On March 1, 2022, Egypt will require all...