News

A string of General Rate Increases (GRI) starting in March-April hasn’t helped the container spot rates. The Shanghai Composite Index which had a momentary upside to US$1,028 slipped back to,979 even as its longer-term counterpart in the Chinese Containerized Freight Index (CCFI) fell further to 921, lurking at a three-year low, equivalent to June 2020 levels. The Contract Market…

Precious Shipping boss Khalid Hashim has called on the IMO to put a hard stop on building fuel oil burning ships from 2030 and a scrapping of all vessels over 20-years old by 2035. Along with a carbon tax starting from 1 January 2024, the radical proposals were put forward by Hashim, Managing Director of…

Dockworkers at Los Angeles and Long Beach ports staged a slowdown late last week, with longshore workers not showing up for their shifts. In the on and off negotiations between the labour and shipping lines/ terminals, which have been underway for a year, job actions have been sporadic, with the latest major slowdown nearly two…

Giám đốc của Evergreen và Wan Hai cho rằng cuộc chiến  của Nga với Ukraine đồng nghĩa với việc triển vọng cải thiện của thị trường vận tải biển còn nhiều khó khăn sau một quý đầu tiên kém cỏi. Cả hai nhà khai thác vận tải biển Đài Loan đều tổ chức ĐHCĐ và chủ…

Singapore-based marine fuel supply firm, Integr8 Fuels, has warned ship operators of potential bunker quality issues. In its second Bunker Quality Trends report, the firm has assessed data relating to the supply of 60m tonnes of bunker fuel over six months. Integr8’s most important finding is that ships refuelling in the Amsterdam-Rotterdam-Antwerp port range are…