Ocean Freight Market: What’s Going On?

Strong cargo demand continues, equipment shortage worsening, and schedule reliability deteriorating in the ocean freight market. DHL Global Forwarding released its latest report on the ocean freight market. Three topics are highlighted in the report: Persistence in the cargo demand, worsening in the equipment shortage, and deterioration of...

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The First Shore-Controlled Robotic Fleet on Its Way

Ocean Infinity orders eight optionally crewed addition to its Armada fleet of robotic vessels. US-based marine robotics company Ocean Infinity’s Armada fleet of robotic vessels is ready to go to the next phase. The company has signed a contract for eight 78-meter, optionally crewed robotic vessels....

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Latest News From the Shipping Industry

Here are some important and recent developments in the shipping industry. Industry giants agree on transparent reporting of shipping emissions The 17 Founding Signatories of the Sea Cargo Charter -ADM, Anglo American, Bunge, Cargill Ocean Transportation, COFCO International, Dow, Equinor, Gunvor Group, Klaveness Combination Carriers, Louis Dreyfus...

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Cruise Market Expectations For 2021

Here are the cruise market expectations for 2021 based on the latest developments in the industry. The value of the passenger ships continues to drop sharply as the COVID-19 pandemic freezes the cruise industry. According to the VesselsValue’s report, the total value of the 474 cruise ships...

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What does the Earth look like under lockdown?

Many ports, ships, squares, and even whole cities look like they are abandoned for good because of the lockdown caused by the coronavirus. Let’s see what they look like now. The Diamond Princess The Diamond Princess The Diamond Princess cruise ship anchored off the shore of Yokohama, south...

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Shipping Industry: What to Expect in 2020

What changes and new trends are waiting for us in the maritime industry in the first new year of a brand new decade? Advances in technology, environmental concerns, commercial necessities, and many more factors will once again determine the direction the shipping industry will go. So,...

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