The tanker market is headed for a strong period ahead, in terms of freight rates. In its latest weekly report, shipbroker Xclusiv said that “2024’s early signs suggest a very promising start for the tanker market, particularly in the product sect…
Tanker Market: Upward Trend Ahead Read More »
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE) continued to grow amid declining demand. As depicted in the accompanying image, the growth outlook for …
In response to the escalating Red Sea crisis, Container xChange, leading online container logistics platform, has released a comprehensive report detailing the far-reaching effects on container trading and leasing rates worldwide. The report explores t…
Container Rates Surge Amid the Red Sea Crisis Read More »
Container ship undamaged after attack with two ballistic missiles
Houthis fire missiles at JP Morgan-linked ship operated by CMA CGM Read More »
HII’s Ingalls Shipbuilding division in Pascagoula, Miss. on Thursday announced new amphibious transport dock ship Richard M. McCool Jr. (LPD 29) it is building for the U.S. Navy has completed builder’s sea trials. The San Antonio-class ship…
Richard M. McCool Jr. (LPD 29) Completes Builder’s Trials Read More »