Orders of new container vessels are up by ~52% year-on-year with 254 new contracts placed in 2024, compared to 167 in the corresponding period of 2023 according to a new report by VesselsValue, the data intelligence arm of maritime data and freight man…
Container vessel orders up by over 50% in 2024 Read More »
The US East Coast port strike only lasted for three days, yet the ripple effects from the strike will be felt until mid-November. The resultant pile-up of vessels with cargo to be handled was mainly taken care of within the first three weeks of the str…
FBX Index October 2024: On track for a new early peak Read More »
The Panama Canal Authority could double in coming years the number of containers that move through the key East-West commercial waterway, the canal’s chief told a maritime conference on Friday.A cargo-consolidation plan will seek to increase container …
ACP: Panama Canal Could Double Box Transits Read More »
Tanker owner keeps VLCCs in western markets ready for better rates
‘A tariff war against China is not in anyone’s interest,’ says firm’s mining and commodities head
WFW lawyer believes market is set for commodities bull run in Trump era Read More »