Fitch Ratings has changed its outlook for global container shipping to ‘stable’ from ‘deteriorating’, as it expects stable to improving performance in many sub-sectors, including tankers and bulk, partially...
Drewry’s World Container Index remained stable at $3,529 per 40ft container this week. Our detailed assessment for Thursday, 12 December 2024 The Drewry WCI composite index remained stable at...
What changes has RightShip made regarding vessel inspection age triggers, and why? RightShip has revised its vessel inspection age trigger, reducing the inspection threshold from 14 to 10 years...
Asia’s refining margins for very low sulphur fuel oil (VLSFO) logged weekly declines as of Friday, while spot premiums steadied. Singapore’s VLSFO cracks closed stable day-on-day at premiums near...
North America Bunker fuel demand has been good in Houston this week, but availability for all grades has been tight for prompt delivery dates. Most suppliers can offer VLSFO...
Erik Thun Group are proud to announce the delivery of our second groundbreaking vessel, the Lake Vanern Max, named MV Spiken. This innovative new generation of dry cargo vessels...
Mitsui O.S.K. Lines (MOL; President: Takeshi Hashimoto; Head Office: Minato-ku, Tokyo) has been awarded the World LNG Shipping Award 2024 at the World LNG Summit (Note1) held in Berlin,...
Dec 12 (Reuters) – Air-taxi maker Archer Aviation said on Thursday it has raised $430 million in fresh capital, part of which will be used…
Additional investment will create 500 new jobs COLUMBIA, S.C. — Boeing (NYSE:BA) today announced it plans to expand its operations in Charleston County. The company…
The Panamanian-flagged tanker Nestos (IMO 9417464) played a pivotal role in a search and rescue mission, coordinated with the Greek Coast Guard, to save a distressed vessel. As reported...
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