The 2020s have so far proved to be anything but uneventful for the container sector. If a global pandemic wasn’t already enough of a shock to our industry, the post-Covid period has presented ongoing challenges for both lines and terminal operators.
A union official has dismissed a BC Maritime Employers Association (BCMEA) complaint against the foremen’s union as just “drama” following the resolution of the main contract negotiations.
Following the announcement of the dissolution of the 2M alliance the division of services was rapid, but since the beginning of this year the collaboration has regained momentum with an increase in joint MSC and Maersk services.
International Container Terminal Services, Inc. (ICTSI) plans to build a new terminal in Bauan in Batangas.
Norwegian based Awilco LNG and China Development Bank Leasing (CDB Leasing) have signed a sale and leaseback agreement for two LNG carriers.
Despite robust new loan generation as 2023 progressed, at the dawn of 2024 bank lending to Greek shipowners was down reported the 23rd annual analysis by Petrofin Research of bank lending to Greek shipping companies.