The ships’ recycling market has been looking for direction after a summer, during which, most of the time, prices offered for older tonnage reached near record levels. In its latest weekly report, shipbroker Clarkson Platou Hellas said this week that “…
What’s Next for the Demolition Market, After a Summer of Record Prices? Read More »
Container xChange, world’s leading neutral online platform for container logistics, has published data on inbound and outbound containers at the US West Coast ports – ports of Los Angeles and Long Beach as demand surges and retailers pile up stoc…
Containers pile up at U.S West Coast Ports as congestion worsens Read More »
Newbuild spend for Vehicle Carriers (LCTCs / PCTCs / PCCs) smashed past $3.2 billion last week, following big volume orders from Eastern Pacific and Zodiac. An astonishing amount of money for a niche sector, exceeding the previous 6 years total combine…
Car Carrier Asset Prices Move Into The Fast Lane Read More »
Lead times are steady in Singapore and Fujairah, while HSFO and VLSFO supplies have tightened across South Korea this week. Lead times remain steady for bunker fuel oils in Singapore, with 7-8 days recommended for VLSFO and HSFO380 supply. LSMGO contin…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
Container vessel operations resumed at the Port of New Orleans on Tuesday, nine days after Hurricane Ida made landfall in southeast Louisiana as a category 4 storm.The first two ships worked at the Napoleon Avenue Container Terminal were the…
Port of New Orleans Resumes Containership Operations After Hurricane Ida Read More »