Yearly Archives: 2024
Port Of LA Ends 2023 With 5 Straight Months Of YoY Growth
The Port of Los Angeles closed out 2023 on a strong note.
It was the fifth consecutive month of year-over-year gains.
The Port...
Global Bunker Market Poised For Slight Uptrend
The MABUX World Bunker Index, derived from 380 HSFO, VLSFO, and MGO prices, witnessed irregular fluctuations on Jan.18, lacking a sustainable trend.
Rotterdam...
ITS Logistics Dives In With $30M Investment In Digital Visibility Platform Competition
The logistics industry is in the early AI adoption stages for supply chain enhancement.
The ongoing freight recession separates diversified logistics companies from...
Anticipated Expansion In The Marine Engineering Equipment Industry In The Coming Year
Market watchers highlight cost competitiveness and technological advancements as key drivers.
Anticipated substantial growth in 2024, attributed to a thriving marine economy.
China's...
Business Leaders Worried About Red Sea Crisis And Supply Chain Disruption
The attacks represent an escalation in Israel's over three-month-old war with Palestinian Hamas militants in Gaza.
Disruptions to shipping in the Red Sea...
Indian Navy Responds To Drone Attack
Indian Navy, which is on a mission in the Gulf of Aden to combat piracy, recently responded to a distress call from a Marshall...
Freighters Seek Air Cargo Back-Up Amid Red Sea Shipping Crisis
Manufacturers are seeking to fly their products in the next few weeks as attacks on Red Sea shipping force them to find alternate routes,...
India Opens Three Major Shipping Projects Worth Around $481m
To diversify its strengths and sources of resources, the Indian Government has opened three major projects at Kochi Shipyard.
The Government of India opened three...
Can Technology Make People Care More About The Oceans?
Humankind’s curiosity about what lies up above in space has long outpaced its interest in what lurks beneath the surface of the Earth’s oceans....
Maersk CEO Sees Red Sea Shipping Disruption Lasting ‘At Least A Few Months’
Maersk CEO Vincent Clerc said on Wednesday the disruption to global shipping caused by the attacks on vessels in the Red Sea will probably...