Cosco registró la rentabilidad por contenedor más alta en el tercer trimestre de 2025
Mientras tanto, ONE, MAERSK y Hapag-Lloyd registraron pronunciadas contracciones
Baltic Index Rises To Nearly 2-Year High On Strong Capesize Demand
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, climbed to its highest level in nearly two years on Friday and was on course for a weekly gain, driven by strong demand for capesize vessels. The main index, which factors in rates for capesize, panamax and supramax …
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Tracking VLCC freight momentum and the latest Russian flow shifts
This week’s analysis focuses on VLCC performance and the evolving Russian crude flows. Building on our October and November Special Editions, we have already outlined the main drivers behind the recent market surge. In the November edition, we emphasised how structural inefficiencies are increasingly shaping market behaviour, reflected in elevated tonne-days despite relatively softer tonne-mile …
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Easing Red Sea crisis might squeeze LR rates amid ballooning fleet
The Houthis’ recent announcement to halt attacks on vessels transiting the Red Sea is a positive development for Suez Canal traffic. However, given their history of frequently shifting positions, the industry remains cautious about any near-term normalisation of flows through the Canal. Nonetheless, any reduction in the security risk premium and the corresponding restoration of …
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Devil in cancelling date detail
Does a seller’s failure to deliver a ship by the agreed Cancelling Date under a ship sale Memorandum of Agreement (MOA) on the Norwegian Saleform 2012 (NSF 2012) – resulting in the cancellation of the MOA – entitle the buyer to recover “loss of bargain” damages under Clause 14 of the NSF 2012 where said …
HSFO holds in discount, VLSFO logs into discount
Asia’s spot discounts for high sulphur fuel oil (HSFO) deepened on Friday, while the very low sulphur fuel oil (VLSFO) market was back into discounts. Singapore 380-cst HSFO traded at a wider discount of $7.00 and $4.50 a metric ton to cargo quotes. The prompt market remained well supplied, leading to a slew of offers …
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MAMII brings European maritime leaders together to accelerate methane measurement and abatement
Discussions addressed how industry and regulators can speed up credible measurement and abatement solutions across global fleets. The Methane Abatement in Maritime Innovation Initiative (MAMII) hosted its first event in Brussels last week, bringing shipowners, engine designers, technology providers and EU policymakers together to accelerate efforts to reduce methane emissions from shipping. Led by Safetytech …
Russia fails to win back seat on UN shipping agency’s council
Russia failed on Friday to win enough votes to rejoin the U.N. shipping agency’s governing council despite urging countries to back its nomination for a seat it lost in 2023. The outcome is another blow for Russia which also failed to secure enough support in September to get elected to the U.N. aviation agency’s governing …
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NYK Determines Terms and Conditions for Floating and Fixed Rate Transition Bonds
NYK Line has set the terms and conditions of the unsecured corporate bonds (transition bonds, No. 50 and No. 51) announced on November 12. Transition Bond Summary (Floating Rate Bond) Transition Bond Summary (Fixed Rate Bond) Prior to the execution of the transition financing, NYK obtained a second-party opinion from DNV regarding NYK’s financial framework. …
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ClassNK grants Innovation Endorsement for Products & Solutions to ‘Hydroponic Vegetable Grower for Ships’ developed by HSN-KIKAI KOGYO
ClassNK has granted its Innovation Endorsement for Products & Solutions to ‘Hydroponic Vegetable Grower for Ships’ developed by HSN-KIKAI KOGYO Co., Ltd. ClassNK has confirmed that the ‘ELW’ notation (HP)＊- Hydroponics, which indicates ships where efforts are being made to improve the living and working environments on board, can be applied to ClassNK-registered vessels equipped …