2022 November 25
Asia – Europe container spot rate plunge continues
Containers spot freight rates on the Asia – Europe trade have continued to crumble over the last week...
Chinese yard newbuildings orders down 40% in first 10 months
Newbuilding orders at Chinese yards are down nearly 40% year-on-year to the end of October, and output from existing orders has also declined...
Tunisia to South Korea: A new trade route for Russian naphtha
South Korea has started importing naphtha from Tunisia, which in turn has seen a jump in supplies from Russia...
Is this the death of EDI?
APM Terminals currently offers API data feeds for Container Tracking, Truck Appointments, and Vessel Schedules...
Container lines ‘fighting a losing battle’ in 2023
A million teu of container line capacity may lay idle in 2023 as demand drops, freight rates fall, and economic confidence worsens...
2022 December 1
A new shipyard for construction of large vessels on Kotlin island (where the city of Kronstadt is located) planned by Rosatom according to its announcement in summer 2022 may get one of the first orders from PAO Far Eastern Shipping Company. The parties are discussing the possibility of building 16 universal dry cargo container ships and 8 tugs. As far as IAA PortNews knows, the facility will first work as a distributed shipyard of Baltiysky Zavod which can also be partially controlled by Rosatom
Shipbuilding portfolio is being formed for Kotlin shipyard