Yearly Archives: 2024
Activity Boosts Mediterranean Handymax, Firmer Rates In VLCC Sector
LR2
LR’s in the MEG continued their downward trajectory this week. The 75kt MEG/Japan TC1 index shed 51.66 points to WS261.67. The 90kt MEG/UK-Continent TC20...
Handysize : Cargo Availability Challenges Persist, Asia Remains Quiet
Capesize
The capesize market started the week with a cautiously optimistic tone despite sluggish overall activity. Weather disruptions in China and a gradual start in...
Red Sea Shipping Crisis : Freight Costs Likely To Jump By 25-30 Per Cent
Since November, the Iranian-backed Houthis have launched at least 34 attacks on shipping through the waterways leading to the Suez Canal. The Houthis support...
Indian Coast Guard Conducts Pollution Response Demonstration At Sea
Indian Coast Guard Ship 'Samarth' has successfully conducted a comprehensive demonstration of pollution response at sea, Defence PRO Kochi said, says an article published...
Instagram Users React To Storm Video Of Cruise Ship
A video of the Voyager of the Seas ship shared shows how the balconies of its cabins were filled with water as it passed...
UN Shipping Agency’s Efforts To Resolve Red Sea Crisis
The United Nations shipping agency is working "tirelessly" to solve the Red Sea crisis, which is severely disrupting the global transport of goods, according...
Container Ships Leading The Transition To Shore Power
The container ship sector is in a strong position to lead the charge towards shore power – although there are challenges to overcome, says...
Impact Of Drought On Panama Canal Traffic By Tonnage
Panama Canal traffic has seen a severe reduction in traffic.
Container and dry bulk shipments constitute a significant portion of the traffic.
Stolt-Nielsen...
Progress In Green Transformation Initiatives
OP Finland Infrastructure LP, in collaboration with Varma, is set to invest €45 million in ESL Shipping, a leading player in Finnish maritime transportation....
Maersk Pilots Shanghai As New Global Gateway For LCL Shipments
Maersk, the world's leading shipping and logistics company, announces today that Maersk pilots Shanghai as its new global gateway of Less-than-Container-Load (LCL) shipments.
Milestone in...