Developing Marine Container Traffic Along the St. Lawrence Seaway

by gsdominio@gmail.com | Sep 17, 2024 | Uncategorised

Early initiatives at developing marine container traffic along the St. Lawrence Seaway were unsuccessful and resulted in the withdrawal of services. Recent changes in international container transportation have re-introduced container shipping to American Great Lakes...

HMM to Invest $17.5B to Double Container Fleet and Grown Bulk/Terminal Ops

by gsdominio@gmail.com | Sep 12, 2024 | Uncategorised

HMM provided an update on its strategy detailing an aggressive expansion plan that would double its containership fleet while dramatically growing and diversifying its operations in bulk cargoes. The plan which calls for an investment of $17.5 billion by 2030 expands...

Maersk Names Third Large Methanol Dual-Fuel Boxship in Denmark

by gsdominio@gmail.com | Aug 27, 2024 | Uncategorised

Maersk celebrated the naming of the third vessel in its fleet of 18 large dual-fuel methanol containerships as the company continues the rollout of the revolutionary ships while also looking to the future. The naming of the fourth ship comes in just a matter of weeks...

Maersk Raises 2024 Outlook for Third Time Citing Demand and Uncertainty

by gsdominio@gmail.com | Aug 23, 2024 | Uncategorised

After starting 2024 on a cautionary note, A.P. Moller – Maersk raised its 2024 forecast for the third time this year citing the positive effect on freight rates from the disruptions in the Red Sea and elsewhere. Long seen as a bellwether as the largest public company...

Panama Canal Continues Progress Toward Normal Operations

by gsdominio@gmail.com | Aug 21, 2024 | Uncategorised

After experiencing one of the worst droughts in its history, Panama highlights it is continuing to move in the right direction restoring capacity at the Panama Canal. The Panama Canal Authority reports it will add back further slots for daily transits in the coming...