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January 8, 2024
Newbuilding contracts recorded for eight bulk carriers, five tankers, six gas carriers and a trio of ro-ro cargo vessels
January 8, 2024
‘Our combined commercial and operational expertise will allow us to grow our presence as a commercial manager and extend our service offerings,’ says Maersk Tankers chief executive Tina Revsbech
January 8, 2024
Hapag-Lloyd is said to have chartered a 3,400 teu containership for deployment from China to the Mediterranean as rerouting of Asia-Europe services reduces capacity. With few large containerships coming open on the charter market liner operators could be forced to redeploy vessels from other trades
January 8, 2024
Cause of fatal early morning blaze, which was extinguished by local fire services, is under investigation
January 8, 2024
Diversions likely to have only short-term impact of capacity | Containership charter rates up on rising demand for extra loaders and feeder tonnage | Houthi leader tells ships to deny Israel links on AIS
January 5, 2024
All crew are safe with no attackers found on board. Owner Lila Global thanked the Indian Navy and agencies for their help
January 5, 2024
Strong bunkering demand in African ports supported marine fuel prices in recent weeks, while persistent demand could reduce availability in the coming months
January 5, 2024
Less than a day after a US-led coalition of 13 nations issued a threat to the Houthis, the militants launched an unmanned drone boat laden with explosives. No ships or personnel were harmed, but the incident marks the first use of such autonomous maritime weaponry in the Red Sea by the Houthis since their attacks on commercial ships began in November
January 5, 2024
Red Sea war risk rates soften as insurers price in Prosperity Guardian | Box freight rates rise again as diversions resume | Iran trading fleet grows by 100 ships as oil exports reach highest level since sanctions reimposed
January 5, 2024
Only freight rates for key flows via the Red Sea have surged, while tanker diversions have picked up but not en-masse, says Vortexa senior freight analyst