Yearly Archives: 2023
Railbookers’ 80-Day Global Luxury Train Odyssey
In 2024, Railbookers is set to launch a never-before-seen “Around the World by Luxury Train” trip that covers four continents and 13 countries. Seven luxurious...
Maersk Reports Q3 Financial Results In Line With Expectations
Maersk’s (Maersk) financial results for third quarter of 2023 were in line with expectations in a difficult market environment with rates well off their...
Brookes Bell Secures Technology And Innovation Award For Corrosion Mapping Service
Brookes Bell, a leading consultancy in marine and energy, clinched the Technology and Innovation Award at the Mersey Maritime Industry Awards.
CMAP Recognition
Recognized for its...
Boomsma Shipping And Leonhardt & Blumberg Set To Order Up To Eight Newbuilds In...
Hamburg's Leonhardt & Blumberg, known for container feeder vessels, teams up with Netherlands Boomsma Shipping for a joint order of up to eight low-emission...
MPV Orderbook Faces Supply-Side Risk
The multipurpose sector’s vessel orderbook is small, at just under 2.4 million dwt. China’s dominance in fulfilling those orders puts the fleet expansion in...
Shipyard Shortage Threatens Green Upgrades
Lloyd’s Register's latest report highlights a critical hurdle in the maritime industry's decarbonization efforts. The Engine Retrofit Report emphasizes that the shortage of yard...
Contract Rates Are at Risk As Carriers Struggle To Secure Spot Market Prices
Ocean carriers strive to secure a minimum of 50% of their business through annual contracts, typically negotiated at considerably higher rates than the unpredictable...
Navigating Capacity Utilization Challenges In The Container Shipping Industry
Analyzing blank sailings data alongside container demand provides insights into calculating capacity utilization on major East/West trade routes.
It's essential to note that...
Global Bunker Market Sees Ongoing Decline In Bunker Indices
On November 8th, the MABUX World Bunker Index, calculated based on current prices for 380 HSFO, VLSFO, and MGO, sustained a persistent downward trend.
380...
Data’s Strength Lies In Embracing Governance
The importance of data governance in maritime operations towards operational enhancement is emphasized by Wilhelmsen Port Services for operational success and expansion. The problems...