Shipping: latest news, insights and analysis | ESM Magazine

Some Ocean Shipping Rates Collapsing, But Real Price Relief Is Months Away

Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spri...

Hapag-Lloyd CEO Sees Bounce In Shipping Demand As Short-Lived

Germany's Hapag-Lloyd is seeing a small uptick in demand for shipping after a decline in recent months, but the company on Tuesday reiterated its more...

Shipping Firm Maersk Picks Vincent Clerc As New CEO

Shipping giant A.P. Moller-Maersk said on Monday it had appointed Vincent Clerc, who has been with the firm for 25 years, to replace Soren Skou as chief ex...

Maersk Sees Container Demand Slowing As Recession Looms

Shipping group Maersk has warned of slowing demand for transport and logistics as a global recession looms and cut its forecast for container demand this y...

Rotterdam Port's Throughput Up 0.3% In 2022

Throughput volumes for Europe's largest port of Rotterdam have risen 0.3% to 351 million tonnes in the first nine months of 2022, officials said on Friday,...

Cargill Aims To Boost Ships' Use Of Biofuel, Methanol To Cut Emissions

Cargill Inc seeks to boost its use of biofuels in a bunkering trial and plans to order methanol-fuelled ships as part of its plans to cut emissions, a seni...

West Not Honouring Commitment To Facilitate Russian Food Exports: Lavrov

Russia's Foreign Minister Sergei Lavrov said on Tuesday that the West was not honouring its promise to help Russian food and fertiliser exports r...

Hapag-Lloyd Spending Big Money On Fleet, Eyes Port Investment

German container shipper Hapag-Lloyd is spending billions on expanding and renewing its fleet and looking at investing in more port infrastructure to exten...