In the tumultuous sea of global shipping, operators are still facing economic instability and severe uncertainty for 2024. According to an analysis made by logistics company MTM Logix, as the unsatisfactory results for the end of 2023 come to light, th…
Sea freight can increase by 5% to 10% in 2024 Read More »
Inmarsat’s recent Connected Future seminar encapsulated the critical roles technology and data sharing play in enabling more efficient and sustainable workboat operations, and in improving conditions for crew. Insights from leading Offshore Supply Vess…
Offshore Supply Vessel owners reap the rewards of data sharing Read More »
The ship recycling has remained sluggish throughout the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “exploring the ship recycling destinations for this week. India’s market con…
Ship Recycling Activity Still Experiencing Downturn Read More »
Clarksons Research have released a review of the global shipbuilding market in 2003. Summarising the review, Steve Gordon, Managing Director of Clarksons Research, commented: “2023 was a year of recovering output, increasing prices and a good flow of o…
What a difference a month can bring about. Up until mid-December the baseline outlook for container shipping 2024 was for a continued cyclical downturn likely with freight rates bottoming out in late Q1 or early Q2 2024. After this, it was anticipated …
FBX Index January 2024: Expect disruptions to continue Read More »