In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large vessel size categories where rates remained close to the highs reached in the third week, notably on the Cap…
Australian coal flows to Asia hover above last year’s volume tonnes Read More »
Growth in the global pool of shipping containers is picking up pace on rising trade prospects and slowing box productivity, as disruption in the Red Sea and Panama Canal lengthen voyage transit times, according to the latest analysis from Drewry’s rece…
Global container equipment fleet growth picks up pace Read More »
The ship recycling has remained unimpressive over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), one of the world’s leading cash buyer of ships, said that “the ship recycling sectors across India, Bangladesh, Pakistan, and…
Stagnation Dominated the Ship Recycling Market Read More »
Ship CII ratings will be released imminently for their performance in 2023. However, with the low take-up of Bimco’s CII Time Charter Clause and with many in the industry questioning whether CII is truly fit for purpose, Ian Short examines whether ther…
CII – Does it Matter? Read More »
In a comprehensive new study, we delve into the impact of weather on container stack collapses. Our findings show the impact of progressively increasing wave height, the quantified risk of high waves, and variance in weather exposure among different op…
High waves, high claims: New study on container losses Read More »