On October 23, NYK held its annual roundtable discussion on current conditions and issues on board vessels, highlighting the role of communications in ship safety.The meeting was held at the NYK head office in Tokyo in a hybrid format and attended by m…
NYK Roundtable Highlights Ship-to-Shore Communications Read More »
CMA CGM said on Friday its profit fell in the third quarter as a COVID-era boom in shipping continued to fade, but its volumes picked up as a destocking trend in the United States was offset by brisk demand in other parts of the world.The French…
CMA CGM Reports Drop in Quarterly Profit Read More »
The Australian government on Sunday described as “serious and ongoing” a cybersecurity incident that forced ports operator DP World Australia to suspend operations at ports in several states since Friday.DP World Australia, which manages nearly half of…
Australia Says DP World Cyber Incident ‘Serious’ Read More »
The tanker market has shown big fluctuations of late, with major spikes in some cases. In its latest weekly report, shipbroker Gibson said that “in the crude tanker market, we have witnessed a return of spectacular volatility, with spot earnings on sev…
Tanker Market In High Volatility Mode: Will This Trend Prevail Moving Forward? Read More »
Capesize The week began with an encouraging start in the Pacific market, marked by positive sentiment and a notable increase in volume with several tenders and operator-controlled cargoes, leading to a market increase of approximately 90 cents on C5. I…
Dry Bulk Market: Positive Momentum in All Classes Read More »