The New York Shipping Exchange (NYSHEX) has secured investment from Intercontinental Exchange (ICE) and plans to launch its own container freight indices in 2024. These indices, calculated by ICE,...
The maritime industry is on the verge of a new era in connectivity with the launch of The Hood, a social platform built with a bold mission: to unite...
Drewry’s World Container Index decreased 1% to $3,413 per 40ft container this week. Our detailed assessment for Thursday, 21 November 2024 The Drewry WCI composite index decreased 1% to...
Asia’s spot premium for very low sulphur fuel oil (VLSFO) slipped to a three-month low on Friday, weighed by ample prompt supply in the market. The Singapore VLSFO cash...
Around the port of Melbourne in Australia, stronger bunker demand for high sulfur fuel oil has tightened prompt product availability and also limited barging schedules amid the peak cruising...
North America Bunker fuel demand has been good in Houston this week and availability of all fuel grades has been good for prompt dates. Most suppliers can offer VLSFO...
This week, Geneva became the hub of innovation dialogue at Redefining Shipping by Klaveness. A critical question took center stage: How can we achieve a 100% carbon reduction by...
A unified voice calling for bolder actions to decarbonize the maritime transport and ensure a just transition has been heard at the World Maritime Merchants Forum 2024, which officially...
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday, pressured by losses across all vessel segments. The index,...
On February 22, 2024, the United States Coast Guard (USCG) published a Notice of Proposed Rulemaking (NPRM) in the Federal Register, updating maritime security regulations and introducing new regulations...
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