Yearly Archives: 2023
LNG Shipping Rates Rise After Five-Week Decline
Spot charter rates for the global liquefied natural gas (LNG) carrier fleet increased this week for the first time in five weeks, exhibiting a...
MABUX: Bunker Weekly Outlook, Week 43, 2023
MABUX
During Week 43, the MABUX global bunker indices resumed again a moderate downward trend. The 380 HSFO index fell by 7.27 USD: from...
Shippers Express Frustration As Ocean Freight Indexes Lose Their Shine
Ocean freight rate indexes have multiplied, causing confusion among capacity buyers, making them better suited as procurement guidelines than real-time rate indicators.
Directional Trends
Shippers...
COSCO Shipping Ports Announces 2023 Third Quarter Results
COSCO SHIPPING Ports Limited (“COSCO SHIPPING Ports” or “CSP” or the “Company”; SEHK stock code: 1199), the world’s leading ports operator, today announced Third...
IMO’s Quest To Secure Container Ship Operations
Container ship safety takes center stage as the maritime industry addresses the pressing issue of fires on these vessels. A comprehensive approach, guided by...
IMCA’s Code Of Practice To Secure Offshore Wind’s Future
The offshore wind industry is on the brink of a transformative change with the introduction of the International Marine Contractors Association's (IMCA) groundbreaking Code...
North Star’s Methanol-Ready Fleet
In a strategic alliance aimed at advancing offshore wind capabilities and sustainability, North Star, VARD, and Lloyd's Register are embarking on the construction of...
The Saga Of Shifting Subterfuge In Maritime Trade
Deceptive shipping practices have entered the spotlight, with an ever-expanding scope and complexity, especially following the intensified sanctions against Russia, as reported by Spglobal...
Maritime Waste Recycling Need Global Standards
Plastic pollution at sea could be lessened and better recycling rates achieved by the introduction of standardized global regulations, says marine waste management company...
The Roadmap For Accelerating Electrification Of Port Operations
APM Terminals and DP World provide port industry stakeholders with a clear roadmap for electrifying port operations within 2-8 years.
It will be...