Stronger charter rates boost profit at resurgent Nam Cheong
Malaysian OSV specialist continues gradual recovery on the back of improving offshore market
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March 2024
Eastport Maritime’s twist on a Chinese tradition creates monster bash
Event draws more than 80 charterers and shipowners from the chemical, vegetable oil, biofuel and gas sectors
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Fire Caused by Blasts Breaks Out on Ship Southeast of Aden
A fire caused by nearby explosions broke out onboard a vessel southeast of the Yemeni port city of Aden on Monday, before being contained, the U.K. Maritime Trade Operations (UKMTO) agency and British security firm Ambrey reported.”The Master…
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Bulkers Slowing Down to Comply With Emission Rules
Sailing speeds of older ships in particular have slowed down considerably, as a result of the latest emission reduction rules. In its latest weekly report, shipbroker Intermodal said that “the integration of the Energy Efficiency Existing Ship Index (E…
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China reopens after Chinese New Year, Container rates plateau
Geopolitical risks are impacting the supplier strategy of many companies globally. While majority (63%) of the companies surveyed by Container xChange in the month of February’24 are looking to diversify their supplier portfolio, 37% are still going to…
China reopens after Chinese New Year, Container rates plateau Read More »