Yearly Archives: 2024
Quint-Seal Compliance Note: Know Your Cargo
On December 11, 2023, five US agencies (the Department of Justice, Commerce Department’s Bureau of Industry and Security, Department of Homeland Security’s Homeland Security...
Navig8 Takes Delivery Of First Eco-Friendly MR IMO 2 Tanker from NTS
As informed, the shipping company took delivery of the vessel Navig8 Excel on January 25. The ship will use a range of technologies that...
World Container Index Increased by 5%
Drewry’s World Container Index increased by 5% to $3,964 per 40ft container this week, reports Drewry.
Detailed assessment for Thursday, 25 January 2024
The composite...
Trends And Outlook for Container Shipping Industry in 2024
Since most of these factors are essentially natural phenomena or require political solutions – thus being outside the control of Carriers and Exporters –...
Political Turbulence In The Red Sea Disrupts Asia-Europe Supply Chains
Political instability in the Red Sea prompts global shippers to reassess their supply chains.
Ships rerouting around the Cape of Good Hope add...
Ports Of Stockholm Received Approval For EU Grant
Stockholm received government approval to apply for EU funding.
Aiming to accelerate onshore power supply.
Objective to reduce climate impact of passenger terminals.
Ports...
Weekly Ningbo Containerized Freight Index
Compiled by the Ningbo Shipping Exchange and promoted by the Baltic Exchange, the weekly Ningbo Containerized Freight Index provides a comprehensive overview of container...
Global Bunker Market Expected To Sustain Uptrend
The MABUX World Bunker Index exhibited a consistent uptrend throughout the week ending Jan. 26, with positive movement for four consecutive days.
The...
Port of Rotterdam’s Q4 2023 Bunker Sales Decrease By 8.3%
Rotterdam's annual total bunker sales stood at 9.633 million mt, down by 8.3% from the previous year and the lowest since 2021.
High...
2024 Projection: Surge In Orders For VLCCs Expected
Dynacom has initiated six VLCC orders and is exploring available berths, indicating a proactive stance in the market.
According to Poten & Partners...