Baltic Index Rises for Fifth Day On Stronger Capesize, Panamax Rates

Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the fifth straight session on Monday, boosted by robust gains in capesize and panamax vessels. The index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 63 points to 1,558 points. The capesize index rose 201 …

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High container rate volatility to enter 5th consecutive year; measures to mitigate the uncertainty

For shippers and BCOs, over recent years container shipping has felt like a relentless cycle of disruptions, delays and freight rate volatility. In this article we explore what measures logistics teams can take to mitigate these challenging dynamics. Drewry data shows that there have now been 4 or 5 years of huge volatility, depending on …

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Descartes Releases November Global Shipping Report: October Monthly Container Import Volumes Remain Above 2.4M TEUs, Straining U.S. Maritime Logistics

Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released its November Global Shipping Report for logistics and supply chain professionals. The report shows that October U.S. container imports were 2,494,635 twenty-foot equivalent units (TEU), marking the fourth consecutive month of volumes exceeding 2.4 million TEUs, a threshold that has historically strained …

Descartes Releases November Global Shipping Report: October Monthly Container Import Volumes Remain Above 2.4M TEUs, Straining U.S. Maritime Logistics Read More »

Advancing training for seafarers on LNG-fuelled ships

Seafarer trainers from Indonesia, the Philippines and Viet Nam have been put through their paces for LNG-fuelled ships with advanced simulator and practical training at a workshop in Ashiya and Yokosuka, Japan. The subregional “train-the-trainer” workshop (30 October to 6 November) focused on seafarers onboard LNG fuelled ships subject to the International Code of Safety …

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