Royal Caribbean Group has suspended cruise visits to Labadee, a secluded peninsula in Haiti, for the next seven days following months of escalating gang violence in the country, a senior company executive said in a Facebook post on Thursday.The company…
Royal Caribbean Suspends Cruise Visits to Haiti’s Labadee Read More »
Somali pirates who seized the Maltese-flagged bulk cargo ship Ruen in December may have used the vessel in the takeover of a Bangladesh-flagged cargo ship off the coast of Somalia two days ago, the European Union naval force said on Thursday.Somali…
Hijacked Ship May Have Been Used in Attack near Somalia Read More »
The leader of Yemen’s Houthis, Abdul Malik al-Houthi, said on Thursday the group’s operations targeting vessels will escalate to prevent Israel-linked ships from passing through the Indian Ocean towards the Cape of Good Hope.”Our main battle…
Houthis Vow to Attack More Shipping Lanes Read More »
The PSV market has been on the rise since the start of the year. In its latest weekly report, shipbroker Intermodal said that “the beginning of 2024 has marked one of the strongest openings of the last decade on the North Sea PSV spot market, especiall…
High Seas for PSV Spot Market in the North Sea Read More »
The Freightos Baltic Global index was level overall in February – dipping 2% month on month to $3,351/FEU – but still nearly 2.5x higher than at the end of December 2023 as diversions away from the Red Sea and some pre-Lunar New Year (LNY) demand kept …
FBX Index March 2024: Market summary Read More »