In his speech to the COP26 climate summit, Tuvalu foreign minister Simon Kofe showed the world what was at stake if it failed to decarbonize. He delivered his United Nations address in a suit, behind a lectern, knee deep in ocean water that was floodin…
Decarbonizing maritime shipping Read More »
Average container prices have declined by more than half from the last year in August as China picks up containerised trade volumes more recently, according to an analysis published today by Container xChange, a technology marketplace and operating pla…
Average container prices and leasing rates decline in China amidst peak season shipping Read More »
Over the Week 33 MABUX global bunker indices moved into moderate irregular fluctuations with no firm trend. The 380 HSFO index fell by 8.62 USD: from 599.85 USD/MT to 591.93 USD/MT, remaining below the 600 USD mark. The VLSFO index, in turn, decreased …
MABUX: Bunker Weekly Outlook, Week 33, 2022 Read More »
Darren Biddlecombe, Senior Aviation Analyst, revisits our previous article on Vessels versus Aircraft, looking further into the similarities and differences between Aviation and Shipping. This article explores the value changes, geographical operationa…
Aviation and Shipping: So Close, Yet So Far Read More »
Initially, the COVID-19 pandemic and mobility restrictions across the world led to much lower transport demand in the container sector. In the 3rd quarter of 2020 demand, however, jumped as consumers converted spending on services to higher spending on…
Container fleet growth up 11.6% from June 2019, catching up with transport demand Read More »