The Merchant Navy Welfare Board (India) has signed an agreement with the Global Seafarers Organisation as part of its efforts to expand its presence across global ports.And as part of the Board’s initiative to appoint International Coordinators…
India’s Merchant Navy Welfare Board Expands Greek Cooperation Read More »
Newly released data from the Cruise Lines International Association (CLIA) states that about 97% of the world’s fleet of cruise ships was built in Europe, and 98% of ships on order, based on cost, will be built here.The total investment cruise…
Europe Dominates Cruise Ship Orderbook Read More »
The tanker market could be headed for some turbulence in the coming months. In its latest weekly report, shipbroker Gibson said that “in recent years, the tanker market has faced quite a few tailwinds. Structurally, the industry has benefitted from the…
Tankers: Choppy Waters Ahead Read More »
Capesize The Capesize market faced a difficult week, marked by steady declines and a lack of support across both the Pacific and Atlantic basins. The BCI 5TC began on a subdued note at $12,702 but saw consistent downward pressure, plummeting to $10,474…
Dry Bulk Market: Capesize Market Faces Another Difficult Week Read More »
Total emissions from container shipping in the first 10 months of 2024 are up 13.8% globally compared to 2023 and on track to set a new all-time record for the full year. The latest data, released and analyzed by Xeneta and Marine Benchmark, shows the …