Yearly Archives: 2024
Red Sea Shipping Disruption Sparks Surge In Container Rates
Container shipping rates on key global trade routes have experienced a significant surge this week, driven by concerns of a prolonged disruption to global...
Shippers Face Challenges With Skyrocketing Rates & Rollovers
Shippers are grappling with unprecedented challenges as global supply chain disruptions continue to unfold, impacting transit times and rates. Vessels rerouted around the Cape...
Tesla Faces $94 Billion Market Valuation Drop In Challenging Start To 2024
Tesla Inc. had a blockbuster 2023, as its shares more than doubled in 12 months. But 2024 is starting on a different note, with...
Proactive Solutions For Rust, Corrosion, And Beyond In The Maritime Sector
The UK maritime sector, a vital contributor to the economy, faces operational challenges that demand proactive maintenance strategies. Andrew Powles, MD at FPE Seals,...
U.S. & UK Missile Strikes Signal Escalation In Red Sea Crisis
Missile strikes by the US and UK against Houthi militia in Yemen has brought heightened tensions across the region with disruption to ocean freight...
Cepsa And C2X’s Green Methanol Megaproject
In a groundbreaking partnership, Cepsa and C2X plan to invest up to 1 billion euros in developing Europe's largest green methanol plant in Huelva,...
Rising Tide: Positive Surges In VLCC And Aframax Markets
In this week's maritime market overview, we witness dynamic shifts across various vessel classes, indicating both resilience and volatility in the industry. From LR2...
Tanker Companies Temporarily Halt Traffic To Red Sea
Several of the world's major tanker companies on Friday halted traffic toward the Red Sea after U.S. and British airstrikes on Iran-allied Houthi militants...
Louisiana’s Gateway Revolution: APM Terminals’ $500M Investment Unveiled”
APM Terminals, a global leader in terminal operations and part of A.P. Moller-Maersk announces a groundbreaking initiative in Louisiana, reinforcing its commitment to global...
Vanishing Voyage: The Mysterious Fate of Ship Heroine
Cork's coastline has witnessed maritime mysteries and tragedies throughout history, with tales of lost ships and unfortunate incidents. This exploration delves into the intriguing...