Yearly Archives: 2025
Drewry: World Container Index Drops 3% This Week
Drewry’s World Container Index decreased 3% to $3,855 per 40ft container this week.
Detailed assessment for Thursday, 16 January 2025
The Drewry WCI composite index...
Port of Antwerp-Bruges and Port of Rotterdam Call for a Robust Clean Industrial Deal
Port of Antwerp-Bruges and Port of Rotterdam are calling on the European Commission to make large-scale investments in the competitiveness of industry in Europe....
Global Bunker Weekly Outlook, Week 03, 2025
During the 03rd week, the MABUX global bunker indices demonstrated a consistent upward trend. The 380 HSFO index rose by 16.79 USD, climbing from...
Shipping Risks via Red Sea Remain Elevated Despite Israel-Hamas Ceasefire
AWRP unchanged as risk persists at Bab al-Mandab Strait
NYK says will consider resuming Red Sea shipping after confirming safety
Red Sea vs....
Capesize Market Shows Signs Of Life, Others Weaken
The Capesize market in West Australia is showing signs of activity, with miners, operators, and tenderers primarily focusing on early February dates. While volumes...
Tanker Carrying Russian Oil Held In German Waters
German authorities detained a tanker in the Baltic Sea last week, which remains in German waters as a customs evaluation is conducted. The vessel,...
VLCC Market Rebounds: Strong Rates Observed
The VLCC market experienced a significant uptick yesterday, with rates reaching WS 70 for MEG/East routes. This translated to daily earnings exceeding USD 50,000...
Combating Mold On Ships: VIKAND Introduces Innovative Air Purification Solution
VIKAND has developed a solution to combat mold infestations on ships, which pose a significant health risk, according to Safety4sea.
Combating Mold
Mold growth on ships,...
Limited Activity and Weak Demand Weigh On Supramax Market
S&P Global reports that the Supramax market in the Continent and Baltic Sea regions experienced a weak trading week. Rates declined due to limited...
US Government Drops Lawsuit Against RMS Titanic Following Revised Expedition Plans
The US government has dropped its legal action against the company that owns the salvage rights to the Titanic. This decision follows the company's...