⚓ The Maritime News Edition - 42
Exclusive Insights on Container Shipping, Market Trends, and Strategic Guidance
Welcome, Esteemed Mariners! ⚓
Embark on the Maritime Mastery Express, your weekly journey into the intricate world of container shipping.
🌐 Global Port Throughput 2023
🌉 Baltimore Bridge Collapse Impact
🚢 Maersk vs. ETS Charges
💹 G20 Inflation Post-COVID
🏴☠️ Seaborne Trade Disruption
🔄 New Trade Routes
📈 UNCTAD Global Trade Forecast
💥 Baltimore Bridge Collision Aftermath
🛢️ US Top Crude Exporter Post-War
🚢 Suez Canal Diversion Record
⚓ Containership Capacity Increase
🛳️ Sea-Freight, Bunker, Charter, Stocks Indices
Together, we can navigate a sea of knowledge and discovery. Share the wisdom, share the journey! 🌊🚀
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Today's Wisdom from the Waves🌊:
"Like the endless expanse of the ocean, the stories of our journeys are vast and profound. Set sail, embrace the unknown, and let the tides of exploration guide your narrative." - Christopher Columbus
🚢 Maritime Trivia: Container Shipping Quiz Time! 🚢
*Last Week’s Answer: GMDSS - Global Maritime Distress and Safety System
🔥Hot Topic🔥Who has the world’s largest fleet in 2023?
1- Global Container Port Throughput in 2023 via Linerlytica
Global container port throughput reached 905 million TEUs in 2023.
Annual growth was 0.7% compared to 2022.
China has not published official container port handling statistics for the last 3 months.
Chinese ports, including Hong Kong, showed year-to-date growth of 3.9% in the first 11 months of 2023.
Chinese throughput growth has been inflated since 2022, outpacing actual market demand.
2- Baltimore Bridge Collapse Spurs Cargo Shift to US West Coast
Port closure leads to transport disruptions and cargo rerouting.
Echoes Covid supply chain challenges.
Automakers seek alternative routes.
Baltimore key for farm equipment, construction materials, and more.
Recovery timetable estimated at "probably months."
3- Maersk Challenges T&E Report on ETS Charges
T&E report alleges major shipping lines overcharging for Emissions Trading System (ETS).
Maersk disputes methodology calls it "flawed," and questions conclusions.
T&E's analysis based on 565 journeys from Maersk, CMA CGM, Hapag-Lloyd, and MSC.
Maersk asserts competition exists in ETS costs but criticizes report's use of outdated data and fixed CO2 price.
Maersk updates ETS surcharge quarterly to reflect latest EUA price and offers newer estimates on its website.
🚢 Cast Your Vote: Container Shipping Insights Poll!
Last Week’s Insight: 67% of our followers believe that in the context of global expansion, Organic Growth & Market Penetration will be the most effective strategy for container shipping companies to enter new markets.