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Newbuild ship orders drop to record low in Q2
Across all shipping sectors newbuild orders in Q2 2019 are down 40% to 80% compared to last year
Arabian Gulf war risk surcharges spread to container shipping
CMA CGM implements war risk surcharges on Middle East cargoes following tanker attacks in Gulf of Oman
CMA CGM to add 50,000 container trackers across its fleet
The data collected by these sensors will be accessible either through a web portal or an API allowing shippers to pull this information into their own systems.
Xeneta reveals sudden container rates decline in all major shipping corridors
Xeneta CEO Patrik Berglund says the sudden plunge in rates will be “shock to the system” of many shipping lines.
DP World reveals BOXBAY High Bay Storage (HBS) system for Jebel Ali
BOXBAY represents a new and intelligent High Bay Storage (HBS) system that will be ready in time for the Dubai Expo 2020 with a pilot project scheduled at Jebel Ali Terminal 4.
MOST and Absortech team up to prevent moisture damage to cargoes
MOST and Absortech Group close exclusive partnership to detect and prevent moisture damages in shipping
Oman and Iran launch fourth direct container shipping service
The route between Iran’s port city of Jask and the Omani port of Al Suwaiq, joins three others already in operation.
DP World reports gross container volume growth of 2.6% for first 9 months of 2018
The results were softer than previous years, but this had already been expected by DP World and flagged up during its H1 results announcement earlier this year.
MSC shipping line leases 2,000 new natural refrigerant-based reefers
Carrier Transicold recognised the need for refrigeration technology that would neutralize concerns over GWP – in much the same way that it led the industry away from ozone-depleting refrigerants ahead of Montreal Protocol deadlines 25 years ago.
ACTIW LoadMatic system launched in the Middle East
The system can increase container loading times by a minimum of 20%, according to Jari Vartiainen, sales director, ACTIW, and is designed for 20 and 40-foot containers.

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