The market has come a long way in a few months, shipper demands for capacity collided with liner demands for restraint mid-2020, have now peaked with anecdotally ‘maxed out’ capacity, and 2020 going down as one of the worst years in container liner his…
FBX Index: Looking forward Read More »
Over the last two months, the maritime and offshore satellite connectivity market has been sparked with a bout of merger and acquisition activities. ViaSat to acquire Rignet In late December 2020, ViaSat announced an agreement to acquire RigNet, an Ame…
Maritime Connectivity: Acquisitions Take Center Stage Read More »
Dry bulk carriers have been the “weapon of choice” for many ship owners. In its latest weekly report, shipbroker Allied Shipbroking said that “the year has started off on a very strong footing, with the sale and purchase market having rallied in recent…
Cleaning a ship’s submerged parts from barnacles and other growths, while the ship is in the water, can transfer invasive species to local marine environments unless it is properly cleaned and the debris is captured. To combat this problem, and to prov…
Shipping industry takes new step to protect marine environments Read More »
The Freightos Baltic Global Container Index (FBX) climbed 21% this month to an FBX-high of $4,077/FEU, a 162% increase annually. With the pandemic still raging and consumers still spending on goods instead of services that require leaving the house, de…
Freightos Baltic Global Container Index (FBX) climbs 21% Read More »