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1. IMO speaks out for achieving net zero shipping goals and green transformationThe International Maritime Organization (IMO) outlined its latest progress and plans to decarbonize global shipping by 2050 or around 2050 in a document submitted to the Bonn Climate Conference, to ensure that the 2023 IMO Ship Greenhouse Gas Reduction Strategy is transformed into legally binding regulations applicable to all ships and implemented globally. During the United Nations Climate Change Conference (COP29), an IMO spokesperson shared the latest developments in the strategy and actively attended various events and bilateral meetings to speak out for the green transformation of the shipping industry. 2. Baltimore Bridge CollapseOn the early morning of March 26th, the Singaporean container ship "Dali" lost power and crashed into the Baltimore Bridge, causi...
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The new shipbuilding market continues to be hot, with ship prices rising at a high level. Domestic shipyard orders are expected to be full as far as 2030.However, the industry is concerned about excessive expansion of shipyard production in the future, as well as difficulties in keeping up with the pace of shipyard delivery of supporting equipment from upstream host factories.According to Clarkson's latest data, as of December 27th, the price of newly built container ships with a capacity of 13000 TEU/13500 TEU was $183 million,relativelyOn January 5th of this year, the value of the ship increased by 6% to $172 million, reaching its highest point since 2010. According to Clarkson's report,In 2024, a total of 2342 ships with a total tonnage of 64.3m CGT and a total tonnage of 163.3m DWT were ordered in the entire market, with a contracted quantityReached the h...
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On December 31, 2024, Maersk released an update on the latest developments and potential impacts of the ILA-USMX negotiations. Strongly recommend the customer to do so in JanuaryExtract their cargo containers from ports along the eastern United States and the Gulf Coast of Mexico before the 15th and return empty containers.Maersk stated that it hopes to provide customers with an update on the ongoing negotiations between the International Longshore Association (ILA) and the United States Marine Alliance Limited (USMX). As of today, the situation has not changed and we will continue to closely monitor the development of the situation. The conditional salary agreement will expire on January 15th. If no agreement is reached by then, a nationwide strike may be held on January 16th. However,Since the announcement, there have been no new developmen...
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