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World needs maritime trade to brave rough seas of crises
World needs maritime trade to brave rough seas of crises

The world again needs the shipping industry to brave the rough seas of crises, UNCTAD Secretary-General Rebeca Grynspan said on 22 September as she addressed the Global Maritime Forum’s annual summit.

Container spot rates continue their downward march
Container spot rates continue their downward march

Spot rates on most major container trades have fallen significantly on-year, but a few routes bucked the overall trend.

Wan Hai Lines buying boxship quartet from CSBC
Wan Hai Lines buying boxship quartet from CSBC

Wan Hai Lines (Singapore) has entered into contract with Taiwan-based shipyard CSBC to purchase four 3,000teu containerships.


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