In a major development, the Baltic Exchange's main sea freight index gained yesterday. The freight index which tracks the rates for ships carrying dry bulk commodities, gained on Wednesday, supported by stronger rates for Capesize vessel segments, reports Maritime...
The Panama bunker sales volumes in October have reached a 26 month low for all products by 321,050 metric tonnes.
Decrease in sales
According to the Panama Maritime Authority, the 18% drop is estimated to be on a 26 month low...
As the IMO 2020 regulations are approaching, ships running on Liquefied natural gas (LNG) ships are expected to the highlight of a bunker fuel market.
Zero emissions
According to a market research report, LNG fueled ships emit zero sulphur oxide emissions...
UK’s Brexit process has started amidst call for calling it off.
The advocate general advises that the country needs to call it off within two-year’s time as specified in Article 50 of the EU treaty.
As the House...
Report Highlights
As of November 16, Continuing high transpacific ocean prices reflects increased demand. Less Container Load (LCL) and Full Container Load (FCL) bookings on Freightos went up 40% and 42%, respectively last month, a marked contrast to last year...
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