Yearly Archives: 2024
Rethinking Automated Vessel Premiums: A Cautionary Note
The Shipowners’ Club is collaborating with automated vessel owners and builders to develop insurance products tailored to address unique needs, reflecting the complexities...
Eastern Pacific Shipping Celebrates 150th LNG Bunkering Operation Milestone
Singapore-based Eastern Pacific Shipping (EPS) has accomplished its 150th LNG bunkering operation, highlighting the growing presence of LNG-powered vessels in its fleet.
The...
València Containerized Freight Index Recorded An Increase
VCFI freight surged by +43.53%.
The Western Mediterranean sub-index rose by +19.23%, hitting 1,726.32 points.
Rising tensions led to increased operating costs for...
Suez Canal Toll Earnings Plunge Amid Conflict-Driven Traffic Shifts
Escalating conflict in Yemen prompts significant rerouting of vessels, impacting global trade.
The Suez Canal toll earnings experience a substantial fall, down about...
MABUX World Bunker Index Trends
Price Movements reported by MABUX
380 HSFO: Decreased by $6.35 to USD 503.58/MT
VLSFO: Decreased by $8.39 to USD 659.24/MT
MGO: Decreased by $4.64 to USD 900.00/MT
MABUX...
Houthi Rebels Claim Responsibility For Red Sea Ship Attacks
Yemen's Houthi rebels claimed responsibility for missile attacks on two vessels in the Red Sea, causing damage and heightening concerns about the disruption...
Partnership Announcement: MOL and JX Nippon Oil & Gas Exploration Corporation
MOL and JX Nippon Oil & Gas have entered a MoU to collaborate.
Capture CO2 emissions from the ENEOS refinery.
CCS technology captures...
CMA CGM Service Adjustment From Red Sea To Cape Of Good Hope
Route Change
CMA CGM has temporarily redirected all shipments originally slated for the Red Sea passage to traverse the Cape of Good Hope route, reports...
Product Partnership Announcement: DIABOS Global and Veson Nautical
DIABOS Global and Veson Nautical have partnered.
The partnership integrates 90POE’s OpenOcean STUDIO with Harbor Lab’s e-disbursement platform.
The partners aim to streamline...
Overview Of 2023-FY Schedule Reliability
With the January 2024 Global Liner Performance now published, an analysis of the 2023-FY schedule reliability in issue 649 of the Sunday Spotlight has...