The Suez Canal recorded its highest containership traffic for 2024 last week, with 54 vessels traversing the waterway in both directions, according to liner industry analyst Alphaliner.The milestone comes amid...
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Amazon, IKEA Join Other Ocean Cargo Shippers to Boost Demand for New Green Fuels
Amazon.com and IKEA, in alliance with about three dozen other companies that depend on ocean freight, will invite shipping firms for the first time to bid on a contract in January to move their cargo on...
Longer Voyages, Happier Crews? The Unexpected Benefit of Red Sea Diversions
Longer voyages around the Cape of Good Hope have provided unexpected benefits to seafarers on the front lines of global trade.The Mission to Seafarers’ latest Seafarer Happiness Index report reveals a modest...
Google’s Landmark Nuclear Power Deal Signals New Energy Era, Echoes in Maritime Industry
In a move that underscores the growing momentum behind advanced nuclear technologies, Alphabet’s Google announced a groundbreaking agreement on Monday to purchase power from multiple small modular reactors (SMRs). This corporate deal,...
Air cargo surge could be at expense of peak season growth
E-commerce popularity, maritime constraints boost demand for air transportA disconnect is arising between actual demand for cross-border air cargo service through the first half of 2024 and forecasts for the...