Yearly Archives: 2023
Maersk Updates Ocean Services Between the Far East & Africa
A.P. Moller – Maersk (Maersk) announced several updates to its ocean shipping services between the Far East and Africa today. Commencing from the first...
Platts Dry Index Launched
Platts, part of S&P Global Commodity Insights, the leading independent provider of information, analysis, data and benchmark prices for commodities, energy and energy transition...
Global Bunker Indices Are Expected To Maintain An Upward Trend
On November 13, the MABUX World Bunker Index, calculated based on current prices for 380 HSFO, VLSFO, and MGO, experienced an increase.
380 HSFO -...
Maritime Business Set To Turn The Tide
The Greater Bay Area's world-class port cluster, tax concessions for shipping operators, and the development of smart ports in Hong Kong are expected to...
Shippers Embrace Digital Tools For Enhanced Resilience And Agility
Shippers prioritize digital transformation for resilience, focusing on IoT, AI, and digital supply chains.
Investments target tech, human expertise, while supply chain visibility...
Weekly Tanker Market Monitor: Week 45, 2023
The crude freight market gained momentum in early November due to the ongoing crisis in the Middle East.
The VLCC segment has seen significant...
International Group Approval And Guidelines For Electronic Bills
Within the International Group's recent circular, the approval of the ICE Access Agreement has brought forth changes in electronic bill of lading protocols. This...
Validating Nearshoring Trends Through Data And Realities
Since the pandemic began, significant attention has been directed towards nearshoring, a strategy that involves bringing production closer to consumers in contrast to the...
Damen Joins Forces With Bawat For Revolutionizing Ballast Water Management
Damen Green Solutions and Bawat joined forces at Europort 2023.
The aim is to market eco-friendly solutions globally.
The key figures signed the...
October Container Market Data Indicates Resumed Decline
Xeneta’s Shipping Index (XSI), tracks real-time rates developments monthly.
Global long-term contracted rates increased for the first time in 12 months.
This raises...