Yearly Archives: 2024
Exploring Financing For Zero-Emission Vessel Shipbuilding In China
China, as the world's foremost shipbuilder, plays a pivotal role in facilitating the global shift towards zero-emission vessels (ZEVs).
There is a consensus...
China Shipyard Output Set To Grow 6.3% To 45 Mln Deadweight Tons
China's ship production is forecasted to rise to 45 million deadweight tons in 2024, marking a 6.3 percent increase from the previous year,...
EIFFA Reports: Houthi Attacks Amplify Shipping Costs In Red Sea
The EIFFA, part of the Cairo Chamber of Commerce, alerted about the economic fallout and rising shipping expenses due to ongoing Red Sea...
FBX Index February 2024: Insights And Analysis
The Freightos Baltic Global index surged by 154% month-on-month in January, reaching $3,411/FEU.
Despite international naval efforts and military strikes in Yemen, Red...
Euronav Offloads ULCC Oceania For $34.8M Gain
In the fourth quarter of 2024, Euronav reported a significant capital gain of $323.3 million from the sale of 23 VLCCs to Frontline as...
MSC Highlights Potential Impacts Of Red Sea Disruption
While the missiles and drones continue to fly around the Red Sea and the Gulf of Aden, US policy-makers are now working methodically to...
Companies Resort To Re-routing Amid Red Sea Attacks
Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea, impacting a shipping route vital to east-west trade. In response,...
Testament Of Compassion: Dog Trapped In Shipping Container Rescued!
In a heartwarming turn of events, a routine inspection at the Port of Houston led to the rescue of a dog trapped inside a...
Diana Shipping Addresses Forward-Looking Statements
Diana Shipping Inc., a global shipping company specializing in dry bulk vessels, has announced a time charter contract for its Newcastlemax dry bulk vessel,...
Turkey’s Recycling Facilities Await Uptick In Activity
The global ship recycling market is experiencing a dynamic phase, contrary to expectations of a slowdown in the dry bulk and container sectors. GMS,...