19
Jan
FBX Index January 2025: Looking forward
Spot rates climb into the close of 2024 across all front-haul routes ahead of Chinese New Year in January 2025, with Chinese economic stimulus lending to the momentum of...
19
Jan
Shipping: Dry Bulk Market Losing Momentum
Capesize The Capesize market experienced a mixed week, beginning strongly before losing ground as the days progressed. Monday saw the BCI 5TC rise to $13,391, driven by a pickup...
19
Jan
A new year ahead for shipping – environmental and regulatory compliance
The two main legislative developments in the EU which will have an impact for many in the industry in the year to come are: the expansion of the EU...
19
Jan
Tankers: VLCC Market Firming Up
Clean LR2 MEG LR2’s began the week continuing upwards with strong momentum only to then pause. TC1 75kt MEG/Japan climbed another 41.39 points to WS174.17. A voyage West on...
19
Jan
Singapore bio-bunkers sales break new milestone; bunker-only calls at 8-year high
Singapore’s annual bio-bunker sales continued to rise in 2024, following a steep growth trajectory and reaching a new record high of 882,830 mt, an increase of 68.4% year over...
19
Jan
SHIPPING: Asia-US container rates fall as carriers seek to boost demand during LNY lull
Rates for shipping containers from east Asia and China to the US edged lower this week as carriers have reduced short-term rates to both coasts to stimulate demand ahead...
19
Jan
Global tanker freight to strengthen in 2025 on sanctions, offset by new ships
Global tankers’ freight is expected to be mostly higher in 2025 due to US sanctions and geopolitical disruptions, despite a ceasefire in Palestine. However, the gains will be capped...
17
Jan
Americas Fuel Availability Outlook
North America Bunker fuel availability in Houston remains tight across all grades. High winds over the last few days have created some backlogs by delaying bunker deliveries in the...
17
Jan
World Shipping Council: Shipping Carriers Move to Prevent Deadly Charcoal Fires
The shipping industry is taking proactive steps to implement improved safety measures for transporting charcoal, ahead of mandatory IMO regulations in 2026. In response to a series of devastating...
17
Jan
MOL, NODE Form Capital Tie-up to Expand Foreign HR Initiatives- Stepping up Japanese Companies’ Hiring of Foreign Employees
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced the formation of a capital alliance with NODE Inc. (President: Kenta Watanabe; Headquarters: Chiyoda-ku, Tokyo, Note1) through...
