Yearly Archives: 2023
Weekly Bulk Report – Week 48, 2023
The Baltic Exchange has released a report about the dry bulk market for the 48th week of shipping activities this year. The report dated...
Panama Canal Chokepoint: Soaring Tanker Rates Signal Supply Chain Woes
Yet another signal on the Panama Canal situation is flashing red: Spot rates are surging for product carriers — specialized tankers carrying diesel, gasoline,...
Panama Canal Droughts Force Traffic Surge Through Suez Canal
Hapag-Lloyd and Cosco have become the latest carriers to impose a Panama Canal surcharge (PCC), as the worst drought in more than 50 years...
MSC And Ellerman Sign Slot Agreement For Atlantic Routes
The 19,224 TEU container ship MSC Jade and the 13,102 TEU container ship MSC Topaz
Ellerman City Liners and MSC have signed an agreement, according...
59 Cancelled Sailings Announced
Across the major East-West headhaul trades: Transpacific, Transatlantic and Asia-North Europe & Med, 59 cancelled sailings have been announced between weeks 49 (4 Dec-10...
World Container Index : The Composite Index Remained Stable At $1,382 This Week
The composite index remained stable at $1,382 this week and has dropped by 40% when compared with the same week last year.
The...
OOCL & HMM – Final Top Carriers To Unveil EU ETS Surcharge Estimates
EU ETS surcharge estimates for all the top carriers have now been released, with OOCL and HMM the latest to publish their figures, reports...
DSG: Diversity & Good Leadership In Shipping Go Hand In Hand
In their latest survey, Diversity Study Group (DSG) explored interesting indicators regarding diversity, equity and inclusion (DEI), and found strong links between diversity and...
Novel MRI Study Detects Brain Changes In Long COVID Patients
People who have long COVID exhibit changes in certain sections of their brains not found in people who are fully recovered from COVID, according...
Building Mechanisms To Enhance Security In The Red Sea Area
IMO works with other stakeholders to ensure maritime security and safety in the Red Sea Area, in line with the 2050 Africa Integrated Maritime...