Singapore conference shines light on how uncertainty over alternative fuels has affected tanker fleet renewal plans
Marine Money Asia: shipping is doing good, but the future is still confusing Read More »
The ship recycling market is showing some early signs of life, with the Indian market emerging as a bright spot. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading global cash buyer of ships said that “the ship recycling industry d…
Ship Recycling: India a Bright Spot Read More »
“The Shanghai Containerized Freight Index (SCFI) fell another 10% in week 39. In total, the SCFI has dropped 43% during the third quarter, the largest Q3 drop in a year not affected by the COVID pandemic (2020-2023) since the SCFI was launched in Octob…
Container spot rates drop 43% in Q3, worst development in non-COVID year Read More »
Following a lengthy legislative process, the Magna Carta of Filipino Seafarers was finally signed into law in the Philippines on 23 September 2024. The Magna Carta aims to align domestic legislation with international conventions such as the Maritime L…
New seafarer law could have wide-reaching impact Read More »
The International Longshoremen’s Association (ILA) strike is creating a ripple effect around global trade networks, leading to major supply chain disruptions that affect both consumers and the broader economy. As the strike drags on for several weeks…