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According to an article published in Freight Waves, the clock is about to strike midnight for ocean shipping. The deadline for IMO 2020 regulation, mandating a game-changing global switch from cheap high-sulfur marine fuel to costly low-sulfur fuel, is...
According to a Freight Waves report, the U.S. containerized imports from Asia usually jump at the tail end of the year and the early days of the new year, as importers scramble to get boxes on the water before...
The Baltic Exchange’s main sea freight index fell for the 20th straight session to a fresh over eight-month low on weaker demand across all vessels. Advisors prediction Breakwave Advisors thinks dry bulk spot rates should bottom out very soon. "With the...
M/MARITIME takes delivery of second Japan Marine United built Kamsarmax vessel, M/V NEFELI.GR, says an article published in their website. About the vessel On the 10th December 2019, M/MARITIME took delivery of the M/V NEFELI.GR. It is a 81,056 dwt...
The Baltic Briefing has issued the tanker report for the 1st week of this year. The report dated 3rd January 2020 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities. VLCC The introduction of...
According to an article published in Freight Waves, ocean shipping begins the year with unusually high optimism in the crude-tanker sector and very strong sentiment in the product-tanker and liquefied petroleum gas (LPG) segments. A long history of surprises But fundamentals...
According to an article by Alibra Shipping, it features an interview with the CEO of a major shipping company, to get their perspective on the future of decarbonisation in the maritime industry. What is the next big thing that...
According to a Freight Waves article, the split between the world’s two largest container-shipping trade routes has grown even more acute as this year came to a close. Prices Slump The cost to transport eastbound boxes across the Pacific from Asia...
The HPCL has announced meeting of the deadline set by the International Maritime Organisation to launch 0.5% global sulphur cap on fuel for ships in the areas which till December 31, 2019 were allowed to use fuel oil with...
The Baltic Briefing has released a report about the dry bulk market of the 1st week of shipping activities of this year. The report dated 3rd January highlights the plight of the dry bulk market at the on-sight of...
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