Ocean freight container shipping spot rates have increased dramatically in recent months, but the long term market has been insulated from this volatility in comparison – perhaps until now. The Global XSI®, which covers all valid long term contracts in the market, reached 151.5 points in July. While this is still 4.0% lower than December …
The industry is now well aware of the June 28, 2024 ruling by the US Supreme Court in Loper Bright Enterprises v. Raimondo, in which the Court overruled the 40-year-old Chevron doctrine. Chevron served as a central doctrine of administrative law as it granted significant deference to US agencies’ interpretations of federal statutes, which they …
US Supreme Court’s decision in Loper Bright a sea change for US maritime sector Read More »
Capital Product Partners L.P., an international owner of ocean-going vessels, announces today the approval by a majority of our unitholders, the conflicts committee of our Board of Directors (the “Committee”), our full Board of Directors (the “Board”) and our general partner, Capital GP L.L.C. (the “General Partner”), of the conversion of CPLP from a Marshall …
Vacantes con perfil marítimo para el Grupo TRAGSA – 34 plazas 2 – Titulados/as universitarios/as de la Marina Civil – Especialidad Electricidad. Impartición de los cursos del Instituto Social de la Marina (Pontevedra) – Portal de Empleo (tragsa.es) 2 – Titulados/as Universitarios/as en Máquinas Navales- Marina Civil en Sección Máquinas con simulador ERS 5000 (Nacional) …
Vacantes con perfil marítimo para el Grupo TRAGSA – 34 plazas Read More »
La APV convoca a los operadores en una semana en los que los tráficos portuarios siguen al alza Los datos de estos siete meses consolidan el crecimiento del Puerto de Vigo El fuerte incremento en el tráfico de contenedores que en el mes de julio representó un ascenso de más del 40 % sobre el …
La naviera, única que conecta todas las Islas Canarias, ofrece un descuento en los billetes adquiridos entre el 2 y el 4 de agosto El Grupo Armas Trasmediterránea (armastrasmediterranea.com) ofrece un 15% de descuento en la compra de billetes entre islas, entre el 2 y el 4 de agosto, en el marco de los Flash …
Armas Trasmediterránea lanza un 15% de descuento para viajar entre islas Read More »
La Ministra Consejera de Asuntos Políticos de la Embajada de la República de Indonesia, Sra. Hendro Retno Wulan realizó una visita de cortesía a la Autoridad Marítima de Panamá (AMP) para fomentar la colaboración entre Panamá e Indonesia en el campo marítimo. La Directora General de la Gente de Mar (DGGM), Maryluz Castillo atendió a …
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a 10-session losing streak on Friday, supported by gains in capesize rates. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 7 points, or 0.4%, to 1,675, after hitting over a …
Baltic index snaps 10-session losing streak as capesize rates gain Read More »
This week’s chart underscores the upward trend in the monthly quantity of Russian crude oil shipments to the Central Mediterranean and the Sea of Marmara. Italy has emerged as the leading destination country, reflecting a significant shift in trade routes. The Suezmax vessel size category has taken a substantial share, accounting for 46% of the …
Tanker Market Monitor: Russian crude oil shipments Read More »
The Freightos Baltic Global index increased 14% month-over-month (MoM) in July to $5,073/FEU – with most of that climb taking place early in the month – surpassing the February peak by 47% and its 2019 level by more than 270% as peak season demand, combined with lingering congestion in some Asian hubs, pushed rates to …
