Yearly Archives: 2024
GasLog’s LNG Newbuilds Hit The Water In South Korea
Hanwha Ocean has launched two LNG carriers built for GasLog.
The carriers will be named GasLog Italy and Marvel Phoenix.
The newbuilds have...
CMA CGM Implements Overweight Surcharge On Cargo From Indian Ports
CMA CGM has introduced a new overweight surcharge (OWS) effective from February 7, 2024.
The OWS is imposed on dry cargo containers exceeding...
Diana Shipping Announces Time Charter Contract For Dry Bulker
Diana Shipping announces a time charter contract with Ming Wah International Shipping Company Limited for one of its Kamsarmax dry bulk Vessels.
The...
MABUX: Bunker Weekly Outlook
The MABUX Bunker Weekly Outlook for Week 06, 2024, provides insights into the global bunker indices, revealing a moderate decline in the 380...
Breakwave Bi-Weekly Dry Bulk Report
The February 6, 2024 edition of the Breakwave Bi-Weekly Dry Bulk Report highlights remarkable developments in the dry bulk shipping sector.
It explores...
Atlantic Basin Crude Supplies Face Declines Amidst East Of Suez Market Slowdown
The Atlantic Basin, a key supplier of global crude in 2023, experiences a slowdown in momentum in 2024.
The decline is not due...
Panama Canal Faces Challenges As Water Levels Threaten Transits
The Panama Canal confronts potential disruptions to transits due to lower water levels, impacting trade routes and causing delays in ports, particularly on...
Bullish Trend Concludes The Week In Global Bunker Market
MABUX World Bunker Index (as index calculated based on current prices for 380 HSFO, VLSFO, and MGO) had sustained an upward trajectory for the...
Euroseas Adds Eco-Friendly Containership To Fleet
The vessel is equipped with a Tier III engine and sustainability-oriented features such as AMP (alternative maritime power).
10 months earlier, Euroseas announced...
Port Of NY/NJ Achieves Record 7.8 Million TEUs Handling In 2023
Port of New York and New Jersey achieves a 4.4% increase over pre-Covid volumes from 2019.
Maintains position as the nation's second busiest...