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Tag Archives: Shipping

Shipping

Shipping News

Asian ports face $49 billion climate adaptation costs Protecting Asia-Pacific ports against climate change could cost up to US$49 billion, according to new research commissioned by HSBC from sustainability analysts Asia Research and Engagement (ARE). The report – Climate Costs …

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Shipping

Shipping News

Challenges loom for marine fuel change Enforcement may determine demand for low-sulfur maritime fuels required under regulations that take effect in 2020, analysts told the American Fuel and Petrochemical Manufacturers’ conference in New Orleans, Louisiana. Countries with which shipping agencies …

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Shipping

Shipping News

The digital imperative in container shipping The time has come for the container-shipping industry to join the digital revolution. Digital opens the door for carriers to strengthen their direct relationships with end customers, further reduce their costs (including for fuel, …

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Shipping

Shipping News

Better days ahead for VLGC shipowners A slowdown in fleet growth should begin the recovery cycle from the second half of 2018, although freight rates will not reach the levels seen during the bull run of 2014-15, according to the …

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Shipping

Shipping News

Clean tankers: platts east of Suez LR2 market steadies The East of Suez LR2 tanker market was steady Wednesday following fresh demand that supported the rates. The recent decline in rates had drawn several charterers leading to a slight uptick. …

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Shipping

Shipping News

Volume growth steady for US ports US ports are positioned for another solid year of growth, though the Trump administration’s evolving stance on both domestic and international trade is a long-term development worth a close watch, according to Fitch Ratings …

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Shipping

Shipping News

Mexican port posts historic high volume Mexican major port container volume increased 12.2 percent year on year to 6,375,338 million TEU in 2017 for the first time in history, according to Mexico’s Secretariat of Communications and Transportation (SCT). Terminals on …

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Shipping

Shipping News

Strong capesize, panamax rates push baltic index higher The Baltic Exchange’s main sea freight index rose on Wednesday for the third straight session, supported by firmer rates for capesize and panamax vessels. The overall index, which factors in rates for …

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Shipping

Shipping News

Container market still competitive With nearly 400 different vessel operators plying their trade worldwide there is plenty of competition and potential for more M&A activity. The collapse of freight rates during the second half of last year, far out of …

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Shipping

Shipping News

NWE, Persian Gulf ULSD vessels change course on less attractive US arbitrage Vessels heading to the US and Caribbean with ultra low sulfur diesel from the Baltics and the Persian Gulf have reversed course after the arbitrage, which some sources …

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