ShippingWatch is closed on Thursday May 14th
ShippingWatch is closed Thursday, May 14th, due to a Danish holiday.
by DANIEL LOGAN
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Maritime & Merchant notes fierce competition in loans for shipping
Maritime & Merchant Bank took a close look at peer Danish Ship Finance, which was recently sold.
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Cosco and CMA CGM expect further pressure on major European ports
French CMA CGM is expanding capacity on the Asia-Europe route to ease peak season congestion over the summer.
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Kuehne+Nagel triggers unrest among staff with new management structure
The logistics major may have lost talent and created confusion, according to current and former managers. The company does not share the concerns.
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Dry bulk players dismiss green fuels in favor of low-hanging fruits
Bulk majors Golden Ocean, Genco and Navios do not see a consensus on green fuels for bulk shipping in the short term.
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Less than one percent of the container fleet is currently idle
New data shows that only 77 container ships in the entire global fleet are not working, a number not seen since the pandemic.
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Congestion in Asian ports is now as bad as during Covid
The Port of Singapore has not seen such pressure from high container volumes since the pandemic as nervous shippers move forward the peak season.
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Analysis: Capesizes have become too expensive despite strong market
Since late 2023, the purchase and sale of second-hand capesizes has increased significantly. The price of newbuilds is also at its highest in 15 years.
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Further reading
