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Owners search for bargain basement deals

Second-hand vessel sales for containerships has nosedived in the midst of the current Covid-19 crisis with just 46 ships having changed hands from 1...

MABUX – bunker Index – 20 April

As a reflection of the current news priorities, from this week we will reduce the frequency of the MABUX bunker index stories from daily...

Charter market stagnation not likely to last says broker

Expectations of a rate correction in the charter market are high as owners and buyers look for solutions for delivering vessels. In the short-term rates...

Heung-A reroutes service away from Pyeongtaek amid sluggish demand

South Korean intra-Asia carrier Heung-A Line has reorganised its Japan-Pyeongtaek Express (JPX) service between South Korea and western Japan, as demand became sluggish amid...

DACHSER expands Europe-Chile network

DACHSER, a global logistics solutions provider, has announced its new fixed weekly schedule of LCL (Less than Container Load) services departing from Hamburg in...

MABUX bunker index – 18 March

Veritas Pertoleum Services (VPS) has issued 15 bunker alerts since the sulphur cap was introduced on 1 January this year, surprisingly of those alerts...

Newbuildings take the stage

Overcapacity in the shipyards has seen the market develop in favour of the buyer with the latest deals, including OOCL’s five vessel order for...

Hapag-Lloyd announces new GRI from East Asia

Hapag-Lloyd will implement the following General Rate Increase (GRI) in the eastbound trade from East Asia to all USA and Canada destinations as of...

MABUX daily bunker index – 9 March

Crude oil prices have fallen by as much as 10% as the meeting of the Oil Producing and Exporting Countries (OPEC) failed to agree...

The daily Mabux Bunker index – 5 March

A European Commission (EC) proposal to enshrine the EU’s climate goals into law was announced on 4 March, the law will commit Europe to...

Booking platform offers Evergreen’s customers benefits

GreenX, the new booking platform developed by Taiwan’s Evergreen Line, will offer guaranteed space on board its vessels, so no roll-over cargo and a...

Daily container freight Index launched by Baltic and Freightos

Spot ocean rates will be tracked in real-time for the first time following the launch of the Freightos Baltic Index (FBX) by the Baltic...

Latest Posts

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...

AD Ports Group reports strong Q1 results

AD Ports Group delivered a solid financial performance in the first quarter of 2025, with significant year-on-year growth in revenue, earnings, and profits. Revenue for...

Clarksons: Tariffs could see negative growth for container shipping

Clarksons has warned that container shipping demand could regress if the US-China tariff war continues beyond this quarter. (adsbygoogle =...
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