The final quarter on the year is traditionally the busiest time for the shipping industry, as Halloween, Bonfire Night and Christmas ramp up demand for consumer goods and industry supplies.
There has been a decrease in freight rates for both transatlantic and transpacific shipping, from historic highs which were achieved during the pandemic and beyond.
The UK Government has launched a £60m clean maritime competition to mark World Maritime Day.
Container ships are the lifeblood of international trade, responsible for conveying around 90% of all traded goods across the world’s oceans and waterways.
There is a growing interest in the potential of nuclear power for marine propulsion, as the shipping industry looks for ways to decarbonise.
The prolonged drought in Europe this summer has led to the River Rhine in Germany being closed to barge traffic, the Institute of Export and International Trade (IEIT) reports.
The government has announced plans for a new five-year maritime security strategy, which aims to enhance cyber security, reduce pollution, and improve the scope and quality of seabed mapping data.
As the shipping industry searches for ways to reduce its carbon footprint, one solution has looked to the past: harnessing the power of the wind.
The UK Hydrographic Office (UKHO) has announced that it is phasing out the use of Admiralty paper charts, which have been used by mariners to navigate the oceans for centuries.
There has been a 400% rise in the volume of shipping containers lost at sea, according to the latest data release from the World Shipping Council (WSC).
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