Yearly Archives: 2024
Euroseas Secures Time Charter for Newbuilding Container Ship
Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes,...
Dry Bulk Trends And Global Economic Challenges
The year 2023 witnessed significant shifts in commodity patterns, exacerbated by a difficult economic environment in China and geopolitical tensions, especially between Russia...
China’s Economic Woes: 2023 Exports Fall, Deflation, And Global Challenges
China’s economy had a bad 2023 and the outlook isn’t much better. Exports for the year as a whole fell for the first time...
Suez Canal’s Revenue Plunge: Houthi Attacks Lead To 40% Decline
Egypt's Suez Canal faces a 40% revenue decline in 2024 due to Houthis' ship attacks, impacting the crucial waterway's economic significance.
With ship...
Chamber Foresees Houthi Impact On Shipping
Cyprus Shipping Chamber warns that persistent Houthi attacks in Red Sea shipping lanes could have a substantial impact on economies, affecting daily living...
Global Bunker Market Shows Slight Upward Trend
Anticipation of a continued slight upward trend in the global bunker market on January 15.
MDI tracks the correlation between market bunker prices...
19th-Century Ship Timber’s Brief Appearance Off Maryland’s Coast
The discovered timber bore markings from the shipwright who built it. It arrived on the island during winter and after a coastal storm,...
Advancing Renewable Energy Initiatives In The Port Of Hamburg
Hamburg Port Authority (HPA) and Hamburger Energiewerke (HEnW) establish a joint venture to drive the decarbonization efforts at the Port of Hamburg.
The...
Resilient Ro-Ro Operators Persist In Navigating Red Sea Despite Escalating Conflict
The UK, US, and others launch airstrikes against Houthi targets in Yemen in response to a two-month assault on vessels supporting the Israeli...
Weekly Recap: Capesize, Panamax, Ultramax/Supramax And Handysize
Capesize: Pacific decline, Atlantic bid reductions, potential equilibrium, BCI 5TC ends at $18,015.
Panamax: Sustained decline, North Atlantic challenges, varied rates, notable China...