11
Nov
EXMAR Reported Third Quarter Results
The Executive Committee of EXMAR NV today reported its third quarter results of 2024. EXMAR has opened a new French entity, EXMAR LPG France, which will own and operate...
11
Nov
ZIM Integrated Shipping Services : Accelerates Global Rollout of Smart Containers with Hoopo’s Advanced Fleet Intelligence Solutions
ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that it is accelerating the global deployment of smart containers, advancing visibility and transparency through the integration of Hoopo’s innovative...
11
Nov
The State of Maritime Supply-Chain Threats
Maritime supply chains remain the backbone of the global economy. Eighty percent of global trade by volume, and over seventy percent by value, is transported by sea. Maritime supply...
11
Nov
Dry Bulk Market: Capesizes See Steady Improvement
Capesize The Capesize market experienced steady improvement this week, supported by robust demand and active trading in both the Atlantic and Pacific basins. Starting the week on a stable...
11
Nov
LR2s poised to benefit from structural change to Europe’s clean tanker market
The Wider European refining landscape is under pressure. Margins have suffered due to high volumes of middle distillates arriving from the Wider Arabian Sea, plus robust diesel imports from...
11
Nov
Tanker: VLCCs Losing More Ground
Clean LR2 Tonnage has remained plentiful for MEG LR2’s this week. As a result, we have seen TC1 75kt MEG/Japan drop to less the WS100 for the first time...
11
Nov
Maersk Europe Market Update – November 2024
Ocean and Key Ports Update In the wake of the Golden Week national holiday period in China, demand out of Asia traditionally weakens with seasonal stock already approaching European...
11
Nov
Revenue slump, rising costs dent Great Eastern Shipping’s Q2 profit, shares down 8%
Shares of Great Eastern Shipping Company fell nearly 8 percent following a weaker quarter-on-quarter (QoQ) performance, pressured by declining revenue and a rise in expenses that further dented profitability....
11
Nov
Sailor who falls from cargo ship off Australian coast found alive
A sailor who fell overboard from a cargo ship off Australia’s east coast near Sydney has been found alive after spending almost 24 hours stranded at sea. The man...
08
Nov
Drewru: World Container Index Up 7% Last Week
Drewry’s World Container Index increased 7% to $3,444 per 40ft container this week. Our detailed assessment for Thursday, 07 November 2024 The Drewry WCI composite index increased 7% to...
