The AI engineer is equipped with two engine automation systems that operate in real-time to diagnose the condition of important ship equipment and detect potential emergencies.

While they still have some operating leverage, shippers should start preparing for the market turn.

The agreement will involve five vessels of 6,700 TEUs each, with MSC managing three of the ships.

Almost 30% of the companies that participated in the study (29.1%) said that 20% to 49% of their safety positions were held by women in 2023.

India has recently ramped up restrictions on rice exports as the nation tackles rising food costs before an election in 2024, prompting speculation about which commodity might be next.

U.S. seaborne imports of Halloween products were down 6% when compared to the same peak three-month period in 2022.

In order to reduce carbon emissions, Atinkana will transport the beans from Colombia to Amsterdam on sailing ships.

Iran, Iraq, Libya, Nigeria and Venezuela will add roughly 900,000 barrels a day of production this year and at least the same in 2024, the bank estimates.

Orient Overseas Container Line (OOCL) had the largest EBIT per TEU during Q2 2023 at $305, a massive drop-off from Q2 2022, which was over $1,500 per TEU.

Modi said the COVID-19 pandemic emphasized the importance and need for resilient and inclusive supply chains during the 15th BRICS Summit in Johannesburg, South Africa.