St. Lawrence Seaway sees traffic rebound in 2023 shipping season, led by grain and coal shipments. Despite challenges, overall traffic has been declining since 2019.
Conflict in the Middle East and a drought in Panama are causing disruptions in global shipping, leading to higher rates and surging shipping stocks. Investors anticipate further gains as shipping companies navigate challenges and capitalize on tightening capacity.
Global Ship Lease CEO Ian Webber to retire, Thomas Lister named successor. Webber will join GSL's Board of Directors. Lister brings extensive experience to the role. Exciting transition for the leading containership owner. Learn more at www.globalshiplease.com.
St. Lawrence Seaway sees traffic rebound in 2023 shipping season, led by grain and coal shipments. Despite challenges, overall traffic has been declining since 2019.
Mormugao Port in Goa is going fully solar-powered within 2 years to reduce greenhouse gas emissions. The initiative will provide solar power to ships calling at the port, and will also support the launch of an international cruise terminal by 2023.