Updates On The Global Port Congestion

Container shipping analysts around the world have this week been providing updates on the global port congestion. In total, Linerlytica tallies 10% of...

THE Alliance Drops One Of Its Two Pendulum Loop

THE Alliance is dropping one of its two pendulum loops and replacing the string with separate Asia to North Europe and Asia to US...

Eutelsat & Marlink Extend Global Maritime Partnership

Multi-year extension of initial 2019 agreement representing several hundred incremental Mhz Supporting expansion in Africa and the Middle East and extending coverage to...

NYK And PowerX To Jointly Work Towards SDGs

On January 28, NYK and PowerX, Inc. (Power X) agreed to a memorandum of understanding (MoU) to jointly study the possibility of collaboration on...

Wärtsilä Sign A Ten-Year Long-Term Service Agreement

Wärtsilä has signed a ten-year long-term service agreement covering two industrial combined heat and power (CHP) plants in Italy. The Guaranteed asset performance...

PIL Announces Penalty Of US$30,000/Container For Cargo Weight Misdeclaration

Pacific International Lines (PIL) will impose a fine of US$30,000 per container for any misdeclaration of the cargo weight, a charge that is already...

Oil Prices Inch Towards $100 a Barrel

Oil’s surge toward $100 a barrel for the first time since 2014 is threatening to deal a double-blow to the world economy by...

East Of Suez Bunker Fuel Availability Outlook

  All fuel grades remain in tight supply for prompt delivery dates in Singapore. Dwindling fuel oil cargo inflows and rising exports have contributed to...

Bunker Prices May Drop

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO in the main world hubs) demonstrated upward changes...

Car Carrier Full of Porsches and VWs On Fire

The Portugese Navy has confirmed that one of its patrol boats came to the aid of the Felicity Ace, a car carrier transiting the Atlantic...