ABB’s Plug-And-Play Solution In Vlissingen

ABB, a pioneering technology company, is set to install a plug-and-play shore power system at the Vlissingen port for DEME's fleet by the end...

Maersk’s Sustainable Shipping Success

Maersk, a leading global shipping company, has experienced remarkable growth in its Maersk ECO Delivery Ocean products, driven by a commitment to sustainability. With...

Tonne Day Growth Analysis: Assessing Momentum Across Vessel Categories

  In the closing days of March, there has been a discernible softening of momentum in the Capesize Brazil to North China rates, following an...

VLCC Owners Grapple With Market Dynamics: A March Reality Check

Spot volatility increases but follow-through fails on muted fundamentals – The third week of March dealt a harsh blow to VLCC owners, as...

Container Handling SC Ports Records 11 Percent Import Increase

The South Carolina Ports (SC Ports) has announced that loaded import TEU climbed by 11 per cent from February 2023, indicating economic development. The SC...

ReCAAP ISC: No Incident Of Armed Robbery 19 – 25 March

  No incident of piracy and armed robbery against ships in Asia was reported to ReCAAP ISC, between 19 – 25 March 2024.Re-Assessment and Downgrading...

Container Shipping Market: Charter Rates Stabilize Amidst Declining Freight Rates

The container shipping market experiences stabilization in charter rates amidst declining freight rates. While discussions continue in various segments, caution prevails among operators...

Crude Tanker FFAs: Evaluating The Dominance Of VLCCs

Recent FFA prices indicate a favorable outlook for VLCCs compared to Suezmaxes and Aframaxes in the crude tanker sector. Despite temporary disruptions and...

Lesson Learned: Vessel Grounding Lessons From An OOW Falling Asleep

In this safety scenario, a container vessel ran aground due to the Officer on Watch (OOW) falling asleep during their shift. The incident...

Bunker Indices Soar: Week 12 Highlights And Market Trends

The Marine Bunker Exchange (MABUX) reported a notable increase in global bunker indices, with significant gains observed in 380 HSFO, VLSFO, and MGO...