The Freightos Baltic Index Global benchmark increased 9% in November to $3,590/FEU as Asia – Europe GRIs pushed rates up sharply at the start of the month, with some late month increase for Asia – US East Coast as well. This global rate is …
FBX Index November 2024: Market summary Read More »
The maritime industry is witnessing a technological revolution that is fundamentally changing how ships operate, improving safe and efficient performance and reducing emissions, all to meet increasingly restrictive environmental standards. Adopting…
How Digital Tech Aims to Make Commercial Vessels Safer, Cleaner, More Efficient Read More »
Each year, as we prepare for the largest U.S. based maritime industry conference in New Orleans, we tend to look back on the state of the industry and initiatives that were announced from the conference that took place the year before. 2023 provided us…
Has U.S. Shipbuilding Reached an ‘Atlas Shrugged’ Moment? Read More »
Also, Scandlines asks Caterpillar to look at methanol dual-fuel as U-Ming goes big with Flettners
Konecranes has received its fifth portal jib order from the US Navy, part of an agreement initially announced in December 2019. This latest process crane order, worth $46.8 million, was booked in November 2024 and the jib will be delivered to the Norfo…
Konecranes Banks $47M US Navy Order Read More »