Yearly Archives: 2023
Freight Climbs for LRs as Year Winds Down, VLCCs Drop Anchor
Baltic Exchange has issued the tanker report for the 50th week of this year. The report of 15th December 2023 provides valuable insight into...
Attacks On Ships in Red Sea Could Be First Sign of Next Supply Chain...
Risks to container ships and their crews are escalating by the day in the Red Sea — and with that rising danger comes the...
Panama Canal Transit Plunge 20%, Raises Concerns For Global Shipping
The official Panama Canal transit numbers for November are out — and they’re ugly. November could be the tip of the iceberg. Reservation slots...
Dry Bulk: Capesize Market Witness A Dynamic Week
The Baltic Exchange has released a report about the dry bulk market for the 50th week of shipping activities this year. The report dated...
Singapore Nov Bunker Sales Ease 3.1% m/m As Vessel Calls Drop
Singapore's November marine fuel sales, also known as bunker sales, fell 3.1% month-on-month as vessel calls dropped, reports XM quoting official data.
Bunker sales in...
MOL To Issue World’s 1st ‘Blue Bonds’ In Shipping
Japan’s Mitsui OSK Lines (MOL) will become the first shipowner in the world to issue blue bonds next month, reads an official press release.
All...
Box Lines Push Up Jebel Ali Freight Rates To Make Up THC Losses
Container carriers – both mainline and feeder operators – have brought in new freight rate tactics for Jebel Ali trade in a bid to...
Maritime Markets Symphony: Navigating The Waves Of Year-End Dynamics
Capesize
We see volumes holding consistent from miners and operators alike on C5 for end-December dates. On the East Australia coal and Pacific front, volumes...
Navigating Tides: Maritime Markets In Flux
VLCC
One could argue this week has been a bit of a fire sale. Looking at the Atlantic, owners consistently fixing below last done, despite...
Lessons Learned: Fall From Bridge Deck
The Marine Safety Forum published Safety Alert 21-18 relating to an incident where someone fell from the bridge deck to the deck below.
What happened
Four...