Yearly Archives: 2023
China’s Factory Activity Faces Prolonged Declines
China's Manufacturing Contraction Deepens in November, Prompting Calls for Additional Policy Support to Bolster Economic Growth, According to Official Factory Survey.
Economic Challenges Drive Calls
The...
Carriers Chart New Routes In Pursuit Of Profitable Growth
Ocean carriers are shifting focus from saturated east-west routes to capitalize on growth opportunities in north-south trades, except the thriving Indian export market.
African Trades...
Gas Market Insights: Week 48 Recap
Quiet week for LNG, with a Pacific basin uptick not significantly impacting rates. Sparse cargo and high demand for modern tonnage maintain a stagnant...
ABS Guides ECO’s Decarbonization Via Sustainability Reporting
ABS teams up with Edison Chouest Offshore (ECO) for decarbonization, providing greenhouse gas inventory and sustainability reporting services to the OSV operator based in...
Unpredictable Shifts In Global Bunker Indices
On December 1, the MABUX World Bunker Index, calculated based on current prices for 380 HSFO, VLSFO, and MGO, showed a minor decline.
380 HSFO...
Container Lines Set Sail For Indian Trades
Container lines trying to weather demand downturns in traditional or high-volume markets – are pouring more tonnage into Indian trades, as the emerging economy...
Milestone Moment:First Woman Commanding Officer In Indian Navy
The Indian Navy in a historic move, appoints its first woman CO a naval ship by “all roles – all rank” philosophy. Navy Chief Admiral...
CMA CGM And Cosco Jointly Launch Far East – Indian West Coast Service
French ocean carrier CMA CGM and Chinese shipping giant Cosco Shipping Lines have joined forces for a new container connection between the Far East...
Lessons Learned: Guide Roller Pin Material Failure Causes Safety Concern
IMCA, in its Safety Events, reports that a "Mooring near miss: Guide roller pin is suffering material failure".
What happened?
A deck stand guide roller pin...
Weekly Tanker Report – Week 48, 2023
Baltic Exchange has issued the tanker report for the 48th week of this year. The report of 01st December 2023 provides valuable insight into...