ShippingWatch.comShippingWatch closed on Monday, May 29The ShippingWatch newsletter will return on May 30 following an extended weekend due to a bank holiday.The ShippingWatch newsletter will return on May 30 following an extended weekend | Photo: JAIME REINA/AFP / AFPby shippingwatchThe ShippingWatch editorial team is taking the day off on Monday May 29 due to a national bank holiday. This means that no newsletter will be published that day, nor will any new stories appear on the website. In the meantime, treat yourself to some of our most read stories from the last week in case you missed them: Opinion: Carriers are preparing for looming overcapacity Former Maersk exec appointed chairman of Scan Global Logistics Bertram Rickmers has passed away following accident in his home Eastern Pacific wants to build more ships and hire thousands of new employees Partner and former director leaves XO ShippingShare article
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ContainerMultiple arrests as protestors block entrance to Maersk HQ14 people have been charged with trespassing in connection with a pro-Palestinian demonstration on Esplanaden in Copenhagen.Drone attack in Red Sea damages merchant shipMaersk has high hopes for rail freight that sidesteps RussiaFor subscribers
Record influx of container ships this year will not cause trouble until 2025The number of container ships is growing at record speed, but will not cause serious overcapacity until 2025, according to Bimco.For subscribers
Record influx of container ships this year will not cause trouble until 2025The number of container ships is growing at record speed, but will not cause serious overcapacity until 2025, according to Bimco.For subscribers
Shipbroker BRS appoints Gilbert Walter as chairmanWhile Francois Cadiou steps down from the role he has held for four years, he remains a newbuilding broker in Paris for the companyFor subscribers
Shipbroker BRS appoints Gilbert Walter as chairmanWhile Francois Cadiou steps down from the role he has held for four years, he remains a newbuilding broker in Paris for the companyFor subscribers
Spot prices for container freight continue to riseThis marks the 12th consecutive week that spot prices for containerized freight are increasing.
Spot prices for container freight continue to riseThis marks the 12th consecutive week that spot prices for containerized freight are increasing.
IMO's fossil fuel ban in the Arctic faces criticismOn July 1, the use and transportation of heavy bunker oil by ships in the Arctic will be banned. A climate organization now accuses the ban of being full of loopholes.For subscribers
IMO's fossil fuel ban in the Arctic faces criticismOn July 1, the use and transportation of heavy bunker oil by ships in the Arctic will be banned. A climate organization now accuses the ban of being full of loopholes.For subscribers
Cosco and CMA CGM expect further pressure on major European portsFrench CMA CGM is expanding capacity on the Asia-Europe route to ease peak season congestion over the summer.For subscribers
Cosco and CMA CGM expect further pressure on major European portsFrench CMA CGM is expanding capacity on the Asia-Europe route to ease peak season congestion over the summer.For subscribers
Kuehne+Nagel triggers unrest among staff with new management structureThe logistics major may have lost talent and created confusion, according to current and former managers. The company does not share the concerns.For subscribers
Kuehne+Nagel triggers unrest among staff with new management structureThe logistics major may have lost talent and created confusion, according to current and former managers. The company does not share the concerns.For subscribers
LogisticsKuehne+Nagel triggers unrest among staff with new management structureThe logistics major may have lost talent and created confusion, according to current and former managers. The company does not share the concerns.For subscribers
ContainerMultiple arrests as protestors block entrance to Maersk HQ14 people have been charged with trespassing in connection with a pro-Palestinian demonstration on Esplanaden in Copenhagen.For subscribers
ContainerSpot prices for container freight continue to riseThis marks the 12th consecutive week that spot prices for containerized freight are increasing.
OffshoreMaersk Supply Service aims to quadruple profitsThe shipping company, which Maersk sold in a major deal last year, now guides for operating earnings of USD 150m. For subscribers
ContainerLiner companies pay soaring sums for charter dealsWith fewer and fewer large ships available, container lines are willing to pay sky-high prices to charter ships that are delivered during 2025.For subscribers
ContainerCosco and CMA CGM expect further pressure on major European portsFrench CMA CGM is expanding capacity on the Asia-Europe route to ease peak season congestion over the summer.For subscribers