Aportem – Puerto Solidario València cuenta con cinco socios más. La Junta Directiva y la Asamblea General de Aportem han aprobado estas nuevas incorporaciones. En esa reunión también se ha dado a conocer que la cena benéfica de Propeller Valencia, asociación de directivos y empresarios logísticos, celebrada el pasado día 1 de diciembre, ha superado …
The Baltic Exchange’s dry bulk sea freight index jumped on Friday to mark its biggest daily gain since Nov. 29, as rates across vessel segments recovered. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 146 points, or 10.8%, to 1,503. It climbed 2.9% in its best week since …
Baltic Index Logs Best Week In Six As Capesize Rates Jump Read More »
Suez Canal diversions will inflate container shipping costs for as long as the situation lasts, but trade always finds a way, even if it takes a bit longer than usual. Inevitably, public interest in the global supply chain increases whenever there is a major disruptive event that threatens shortages of goods and/or raises costs for …
Red Sea crisis diverts attention back to shipping Read More »
Escalating tensions in the Red Sea have far-reaching implications for global shipping and commodity markets. Risks posed to oil, LNG, metals, and agricultural markets include disruptions, longer shipping times, and increased costs. As the situation evolves, shipping stakeholders need to closely monitor developments in the region and make adjustments to mitigate the impact on global …
Drewry’s World Container Index increased by 23% to $3,777 per 40ft container this week. Our detailed assessment for Thursday, 18 January 2024 The composite index increased by 23% to $3,777 per 40ft container this week and has increased by 82% when compared with the same week last year. The latest Drewry WCI composite index of …
A leading ocean supply chain advisory firm is warning that the disruptions to shipping from the Houthi rebel attacks in the Red Sea are already more damaging to the supply chain impact than the early Covid-19 pandemic. Sea-Intelligence analyzed current vessel delays compared to delays over the last several years in a report for clients. …
Qatar’s LNG carrier Al Ghariya became the second out of three of its LNG-laden carriers, previously en route to the Suez Canal, that changed course and was heading toward Spain’s Canary Islands for bunkering, according to S&P Global Commodities at Sea Jan. 19. The development, which signals a longer voyage via the Cape of Good …
Two Qatari LNG carriers head to Canary Islands for bunkering: CAS Read More »
Countries in the Red Sea region need to enhance security to protect seafarers at risk as attacks on merchant shipping worsen, industry officials said on Thursday. Attacks on ships by Yemen’s Iran-allied Houthi militia since November have slowed trade between Asia and Europe and alarmed major powers in an escalation of the war between Israel …
Seafarers’ safety must be enhanced in Red Sea, shipping industry says Read More »
Asia fuel oil margins for both low-sulphur and high-sulphur grades rose this week, driven by prospects of demand from bunkering. Shipping route diversions are expected to support global bunker demand globally. Reflecting this, bunker premiums for the flagship 0.5% very low sulphur fuel oil (VLSFO) have shown signs of firming, trade sources said. Cargo cash …
Asia Fuel Oil-Margins post weekly climb on bunker demand prospects Read More »
DNV has entered into a Joint Development Project (JDP) with Singapore-based shipping company SDTR Marine to cooperate on a Carbon Capture and Storage (CCS) feasibility study for the latter’s 85,000 dwt Kamsarmax bulk carrier. As part of the JDP, DNV and SDTR Marine will collaborate on a techno-economic analysis of CCS implementation aboard the bulk …
DNV inks JDP to explore CCS for SDTR Marine’s Kamsarmax Read More »
