Container freight futures rally on Red Sea woes as spot rates slide
Expectations of longer transits lead to four days of straight gains on forward markets
Container freight futures rally on Red Sea woes as spot rates slide Read More »
February 2025
Cable Recovery Vessel ‘Maasvliet’ Delivered
Holland Shipyards Group announced the delivery of the Maasvliet, a specialized cable recovery vessel, to Hartel Shipping & Chartering, part of Hudig & Veder Group. Maasvliet, measuring 90.6 meters in length and 13.2 meters in width, is designed…
Cable Recovery Vessel ‘Maasvliet’ Delivered Read More »
DESMI Acquires Nordan Marine
DESMI, a global leader in pump and flow solutions, acquired Nordan Marine, a provider of service and repair solutions for cargo and fuel handling systems in the maritime sector. The move aims to bolster DESMI’s presence in the maritime industry…
DESMI Acquires Nordan Marine Read More »
Next Ocean Wins Investment to Scale Wave-by-Wave Ship Motion Prediction
Next Ocean, a pioneer in Vessel Motion Radar technology, has secured Seed Investment from Arches Capital to drive its expansion and enhance maritime safety worldwide. This funding will accelerate Next Ocean’s growth, enabling the company to scale produ…
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Shipping Number of the Week: Regional Container Trade Imbalances Surge by 33%
“Since 2019, the global container market has grown 8%, ending at 183.2m TEU in 2024, according to Container Trade Statistics. However, growth has been very uneven, and regional imbalances between exports and imports have increased by 33%,” says Niels R…
Shipping Number of the Week: Regional Container Trade Imbalances Surge by 33% Read More »