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Ocean transport is the transport of people (passengers) or goods (cargo) via waterways. Freight transport by sea has been widely used throughout recorded history. The advent of aviation has diminished the importance of sea travel for passengers, though it is still popular for short trips and pleasure cruises. Transport by water is cheaper than transport…

#1 Ever Ace Ever Ace is 399.9 meters (1312 feet) long and 61.5 meters (202 feet) wide. Her draft reaches 17 meters (55ft 9in), which is almost two feet deeper than that of her infamous cousin, the Ever Given, which blocked the Suez Canal for six days in March 2021 . Launched in July 2021,…

Authoritative meteorological agencies have warned that global temperatures will almost certainly hit record highs in the next five years, and there is a high probability that global warming will exceed the key threshold of 1.5°C for the first time. High temperatures will have an impact on the global shipping service industry. On Wednesday, the World…

Despite the recent market volatility and worries over the economy, Berkshire Hathaway CEO Warren Buffett on Saturday provided a calm and steady voice as he fielded questions from shareholders. That’s not to say that Buffett doesn’t see some turbulence ahead. He said commercial real estate could struggle with higher borrowing rates and banks could face…

SpaceX, founded by Elon Musk, has been pushing the boundaries of space shipping service and has been a driving force in shaping the future of space shipping service. Here are some ways that SpaceX is impacting the future of space shipping service: Reusable Rockets: SpaceX has developed reusable rockets, which significantly reduce the cost of…

The Biden administration’s proposals would force U.S. automakers to dramatically increase production of electric cars and trucks over the next decade, putting more urgency on building supply chains for raw materials to reduce the industry’s reliance on China. This will have a major impact on shipping services such as land transport. The U.S. Environmental Protection…

Will help promote the development of ocean freigh, air freight and ground freight As the largest country in Southeast Asia, Indonesia has many maritime ports, which help to promote international trade in the region. The current state of Indonesia’s ports, although still lagging behind other countries in Southeast Asia, has made significant progress. First of…

By the end of 2022, China was expected to have more than 2,700 ports. China’s container throughput was approximately 13 million TEU (twenty-foot equivalent unit) per year. There are six ports in China that rank among the top ten in the world, they are Shanghai, Shenzhen, Hong Kong, Guangzhou, Ningbo and Qingdao. As the largest…

The recovery of the global transportation service industry following the end of the COVID-19 pandemic will likely depend on several factors, including the speed of vaccine distribution, the development of new COVID-19 variants, and changes in consumer behavior. As more people get vaccinated, there will likely be an increase in travel demand, particularly for leisure…