December looks like another bullish month for container freight rates, with increasing supply constraints caused by global concern over the new Omicron variant. With high demand for goods in the quarter ahead of the year end festive period, coupled wit…
FBX Index December: Looking forward Read More »
Pre-holiday bunker schedules are coming under pressure from high demand, and lingering weather disruptions in have delayed bunkering by days in Las Palmas and Malta. Supply could tighten in the ARA region as buyers have increasingly been looking to boo…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
Germany’s Federal Cartel Office is taking a closer look into the planned sale of Maersk’s refrigerated containers maker to China International Marine Containers, a spokesman for the office said on Thursday.The office has opened an investigation…
German Regulators Probe Sale of Maersk Container Maker to China’s CIMC Read More »
The world’s largest owner and operator of self-unloading ships The CSL Group has acquired a minority stake in Canadian engineering firm EMS-Tech Inc., a designer and supplier of bulk material handling systems.The investment will build on the…
CSL Acquires Minority Stake in EMS-Tech Read More »
Shipowner Costamare Inc. announced it has ordered eight newbuild containerships and acquired seven secondhand bulk carriers.The Monaco-headquartered company said Thursday it signed contracts with an unspecified Asian shipyard for two 13,000…
Costamare Orders Eight New Containerships, Buys Seven Secondhand Bulkers Read More »