Container Quarterly: Volatile Q4 Signals Uncertainty Into New Year
The European container market experienced significant volatility in Q4 2024, driven by aggressive carrier strategies, evolving market fundamentals, and seasonal demand fluctuations. The quarter...
Lesson Learned: Fatal Fall Inside a Cargo Hold
On October 12, 2021, a tragic incident occurred aboard a bulk carrier, resulting in the death of a duty-able seaman (AB) during cargo...
Transport Canada Updates: Ballast Water Rules on Canada’s West Coast
Transport Canada has clarified ballast water discharge regulations for vessels operating on the West Coast of Canada, focusing on environmental protection.
Strict Exchange...
Sanctioned VLCCs Face Operational Hurdles in China
Sanctioned VLCCs carrying 6.08 million barrels of Iranian crude oil to Shandong province may shut down their engines.
Buyers may resort to non-sanctioned...
Shanghai Xingtong Lianfa Shipping: A New Force in Global Maritime
Shanghai Xingtong Lianfa Shipping Co., Ltd. has been formed as a strategic joint venture to enhance international liquid hazardous goods transport capabilities.
Xingtong...
Mainline Operators Witness Fleet Boom in 2024
All top 12 mainline operators recorded fleet growth above 6.9% in 2024, except Yang Ming Marine Transport, which saw a slight decline.
MSC...
US Container Port Strikes Averted After Deal Reached
Strikes at US East and Gulf Coast ports, initially set for 15 January, have been called off following a tentative six-year contract agreement...
Inmarsat & Maritime London to Boost Marine Safety via Data Sharing
Inmarsat Maritime, in collaboration with Maritime London, has initiated a new working group called SEA-CARE to enhance maritime safety through the sharing of...
Drewry: World Container Index Climbs 2% This Week
This week, Drewry’s World Container Index increased 2% to $3,986 per 40ft container.
Detailed assessment for Thursday, 09 January 2025
The Drewry WCI composite index...
47 Governments Propose GHG Pricing for Global Shipping
47 governments from all over the world, with shipping industry support, set out MARPOL Convention text for annual contribution by ships, per tonne...