Year: 2023
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News
Container Market Sentiment Signals Rebound: A ‘Shipper’s Market’ this Peak Season
Container xChange, an online container logistics platform, published its August Container Market Forecaster today. Despite the ongoing market fluctuations, the…
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AirWing™ Wind Propulsion System takes significant step forward by working with Bureau Veritas
Innovative wind propulsion solution also backed by funding from UK Government transport innovation program 21 August 2023 – Bureau Veritas,…
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News
Product Tankers: What’s the Next Growth Story?
A new growth story is needed in the product tanker market, as ship owners reassess the next source of demand…
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Automation: The Key to a Cleaner, More Sustainable Shipping Industry
Maritime’s regulatory environment is becoming more complex by the day, especially where sustainability is concerned. With the United Nations Global…
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News
Dry Bulk Market Sentiment Improving
Capesize As the week unfolded, the Capesize market saw a blend of stability, resistance, and shifts in sentiment across both…
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Spot market meltdown, as Transatlantic container shipping spot rates hit all-time low. A time to act for the shippers
Shippers on the trade are taking full advantage of this new reality, regaining the upper hand after the 2021-2022 pandemic…
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Drewry’s World Container Index – 17 Aug
Drewry’s composite World Container Index increased by 2.3% to $1,832.48 per 40ft container this week. The composite index has increased…
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News
Limiting engine power to meet EEXI requirements: Considerations and challenges
Engine or shaft power limitation is a practical means of achieving energy optimization within the framework of the IMO’s recently…
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News
Riviera – News Content Hub
Cunard’s new vessel Queen Anne will be able to connect to shore power (source: Cunard) 21 Aug 2023by Rebecca Moore British…
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News
Strong Chinese demand drives 7% y/y increase in minor ore exports
“Driven by continued growth in minor ore demand in China, global seaborne minor ore exports rose 7% y/y in the…
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