The global container market is facing a myriad of difficulties for the rest of the year, as it acclimatizes to rates dropping to pre-pandemic levels after the boom years of 2020-2021. The challenges ahead for liner companies are mostly prevalent through deploying capacity in a market with faltering demand from continued macroeconomic pressures. Risk of …
Collapsing container markets face fresh challenges in 2023 Read More »
In our solid bulk cargo section, we give an overview of these statutory obligations as well as the detailed requirements which you as a shipper need to comply with. Many are not familiar with exactly what the shipper’s statutory obligations are, including the shippers themselves, when it comes to the sea shipment of solid bulk …
Clean LR2 LR2s in the MEG this week have been relatively subdued. TC1 has remained resolute in the WS180 region. TC20 has shed $107,143 leaving the index currently marked at $4,507,143. West of Suez, Mediterranean/East LR2s have also declined this week (circa $91,000) after a widely reported fixture at $4,350,000 led the index to $3,491,667. …
Capesize After the surge of activity in the middle of the week, the Capesize market calmed on Friday to welcome the long weekend approaching in most of the countries in both basins. The time charter average settled at $19,080, rising $2,810 week-on-week. The Brazil to China and west Australia to China both further improved compared …
The cost of shipping goods by ocean from Asia to the U.S. is turning upward as container lines try to reverse a monthslong slide in rates ahead of the busy importing season. The average spot market price to ship a 40-foot container from Asia to the U.S. West Coast jumped 34%, or $425, over the …
Ocean Container Lines Push a Rebound in Trans-Pacific Shipping Prices Read More »
Global common carrier X-Press Feeders is on track to get its eight dual fuel ships operational in 2024 and also considering other zero-carbon fuels to achieve sustainable shipping in the long run, CEO Shmuel Yoskovitz told S&P Global Commodity Insights in an interview. The dual fuel ships will be deployed in Europe and run either …
X-Press Feeders forges ahead with dual-fueled sustainable shipping fleet Read More »
The signals have been flashing curiously green in container shipping of late. Spot rates are up. Charter rates and durations are up. Secondhand ship sales are brisk and asset prices are rising. Idled tonnage is down. Carriers are not sending many older vessels for demolition. The warning Tuesday from leading container shipping consultancy Drewry: Those …
Container shipping warning: Green shoots are ‘transitory illusion’ Read More »
Ports and terminals serve as the primary infrastructure for movement of goods and commodities in and out of a country and therefore play a vital role in global trade. As well as facilitating trade, ports and terminals also provide employment (such as processing and handling of goods and port-related services) and contribute to the general …
How to Handle Complex Ports and Terminals Business Interruption Insurance Claims Read More »
La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …
La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …
MSC, Maersk suman escala en Mobile al servicio Golfo de EE.UU.-Brasil Read More »
