
Alphaliner: Battle Lines on East-West Routes Being Drawn
Although the new carrier alliances will only start operating from April 2017, battle lines on the main east-west routes are already being drawn, after the OCEAN Alliance and THE Alliance unveiled the respective service networks, according to Alphaliner.
ABS and Cosco sign cooperation agreement on Arctic routes
ABS and China Ocean Shipping Company (Cosco) have signed an agreement to cooperate on trans-Arctic voyages through the Northeast passage. ...
Shifting international trade routes and 'the grey tsunami'
“Shifting international trade routes” was the subject of a two-day conference organised by the American Association of Port Authorities (AAPA), the trade group representing ports in North, Central and South America. ...
Arctic ice melt to redraw global shipping routes
The disappearing Arctic ice cap will boost trade between north-west Europe and countries such as China, Japan and South Korea by making the sea routes far shorter, according to economic analysts.
“Safer, managed routes” for migrants needed to prevent disaster, says IMO head
IMO secretary-general Koji Sekimizu today reiterated calls for coordinated international action to safeguard migrants, following the loss of hundreds of migrant lives over the weekend. ...
VLCC rates on key Asian routes to hold steady
Rates for very large crude carriers (VLCCs) on key Asian routes could hold steady around current levels next week as owners resist charterers’ attempts to push rates lower, despite an overhang of available tonnage, brokers said.
Marine insurers weigh pros, cons of possible Arctic shipping routes
Marine insurance companies are currently assessing the potential risks and rewards of insuring...