El certamen contará con zonas especiales de acceso gratuito dedicadas a turismo náutico y sostenibilidad El salón presentará las novedades de las principales marcas del sector, con una zona especial dedicada a los catamaranes Valencia Boat Show, el salón náutico de València ya ha confirmado que celebrará su 15ª edición del 23 al 27 de octubre en La …
The Baltic Exchange’s dry bulk sea freight index rose to an over one-month high on Friday and logged a weekly gain, as rates across the capesize and supramax segments pushed higher. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 114 points, or 6.5%, at 1,866 points, its …
Baltic index logs weekly gain on sturdy capesize and supramax rates Read More »
High freight rates and robust global demand for oil and its derivatives are putting tanker owners in a great mood and consequently, after a notable uptick in 2023, the surge in tanker newbuild activity shows no signs of abating in 2024. A confluence of factors has led to this buoyant and profitable market for tanker …
Recent attacks on commercial vessels in the Red Sea have severely affected shipping through the Suez Canal, adding to existing geopolitical and climate-related challenges facing global trade and supply chains, UNCTAD says in a new report released on 22 February. The Red Sea crisis compounds the ongoing disruptions in the Black Sea due to the …
Unprecedented shipping disruptions raise risk to global trade, UNCTAD warns Read More »
Cause and effect. A well-known phrase, defined as ‘the principle of causality, establishing one event or action as the direct result of another’. If an example were needed to sit underneath this dictionary definition, you could easily reference the introduction of surcharges in ocean freight shipping due to the ongoing situation in the Red Sea …
Xeneta: ‘Cause and effect’. Red Sea surcharges and the power of uncertainty Read More »
Very Large Crude Carrier freight rates for voyages loading in West Africa fell by more than 10% on the day Feb. 21, with sources pointing to a rebalancing of supply-demand fundamentals following the significant rise in rates seen earlier in the month. Platts, part of S&P Global Commodity Insights, assessed the rate for the key …
WAF VLCC rates fall over 10% on day as supply-demand fundamentals rebalance Read More »
InterManager Executive Committee member, Karen (Katherine) Avelino is planning to run the London Marathon on Sunday 21 April 2024 to raise funds for the Seafarers’ Charity. Philippines-based Karen, who is Executive Director of Business Development, Shipping, for Philippine Transmarine Carriers (PTC), will be running alongside her daughter Karmel Avelino, a graphic designer at Carnival Cruise …
InterManager ExCom member to run London Marathon for Seafarers’ Charity Read More »
Drewry’s World Container Index decreased by 2% to $3,659 per 40ft container this week. Our detailed assessment for Thursday, 22 February 2024 The composite index decreased by 2% to $3,659 per 40ft container this week and has increased by 93% when compared with the same week last year. The latest Drewry WCI composite index of …
Drewry: World Container Index Down By 2% Last Week Read More »
Yemen’s Iran-aligned Houthis claimed responsibility for an attack on a UK-owned cargo ship and a drone assault on an American destroyer on Thursday, and they targeted Israel’s port and resort city of Eilat with ballistic missiles and drones. The statement by a Houthi representative on social media site X came shortly after the group’s leader …
Houthis to step up Red Sea strikes, use ‘submarine weapons’, leader says Read More »
Asia’s spot benchmarks for fuel oil remained under pressure on Friday amid ample supply and weak demand for marine bunker fuel. The market for very low sulphur fuel oil (VLSFO) dipped into a weaker premium on Friday, while high sulphur fuel oil (HSFO) stagnated in discounts amid ample regional supplies. Demand for marine bunker fuel …
Asia Fuel Oil-Benchmarks remain soft on ample supply, slow demand Read More »
