The tanker market has entered 2021 with renewed optimism thus far, despite estimates of the opposite. In its latest weekly report, shipbroker Fearnleys said that in the VLCC market “there was hope in the air for the first full trading week of the New Y…
Tanker Market Starts the Year on a Positive Note Read More »
Despite the alarming headlines in the spring of last year, container shipping proved remarkably resilient in 2020 in terms of volumes as well as freight rates. After a 5.0 million TEU (7.3%) drop in volumes in the first five months of the year, volumes…
Global container volumes down 1.7% in first 11 months of 2020 Read More »
The Freightos Baltic Global Container Index (FBX) climbed 38% this month to a new FBX-high of $3,377/FEU, a 143% increase annually, driven by still-surging global demand and the resulting container shortage that kept rates spiking on Asia-Europe and As…
FBX Index: Current Market Summary Read More »
The U.S. Coast Guard said it is seeking a cruise ship to host examiner training courses while underway.The contracting opportunity is for a vessel of at least 70,000 gross tons to host three Foreign Passenger Vessel Examiner (FPVE) courses…
USCG Seeks Cruise Ship for Underway Examiner Training Read More »
New ship will meet the Energy Efficiency Design Index standards due to be introduced in 2025
Kumiai Navigation orders ultramax bulker at Oshima Shipbuilding Read More »