News Flash

Pre-Sale Vessel Inspections Put S&P In The Clear

Over the last six months we have seen a substantial increase in sale and purchase transactions, particularly in the container...
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Goldman Sees A ‘Feasible But Difficult Path’ For The Fed To Defeat Inflation Without A Recession

The Federal Reserve’s path to bringing down runaway inflation while keeping the economy from slipping into a major downturn is...
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Asia Week Ahead: Key Central Bank Moves And Inflation Reports

(Central bank) decisions decisions decisions…Next week’s Asia calendar features key central bank decisions. We expect the Bank of Korea (BoK)...
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Wheat Rises On Technical Buying In Rebound From Six-Month Low

Chicago Board of Trade wheat futures bounced on technical buying on Friday after nearing a six-month low struck a day...
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Xeneta Real-Time Container Rates Update: Week 33

South American spot rate gap set to narrow as shippers take advantage of lower Far East to West Coast rates....
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Average Container Prices And Leasing Rates Decline In China Amidst Peak Season Shipping

Average container prices have declined by more than half from the last year in August as China picks up containerised...
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Propulsion And Hull Design Can Significantly Reduce Shipping Emissions And Lower Underwater Noise

International Maritime Organization (IMO) has set ambitious goals to reduce shipping greenhouse gas (GHG) emissions by 50 % by year...
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CMA CGM Group And WHOI Launch Acoustic Monitoring Buoy Off The Coast Of Savannah, To Increase Whale Monitoring Efforts

Through this new step, the CMA CGM Group strengthens its initiatives to protect the environment and preserve biodiversity in the...
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Rhenus Warehousing Solutions Acquires Danish Third-Party Logistics Provider DKI

Rhenus Warehousing Solutions has signed an agreement to acquire the Danish company DKI Logistics A/S and its warehouse investment affiliate...
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India RBI Likely To Set 7.23% Cutoff Yield On New 10-Year Bond – Reuters Poll

The Reserve Bank of India will likely set a cutoff yield of 7.23% on 130 billion rupees ($1.63 billion) of...
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US Gas Storage Levels Increase By Lower-Than-Expected 18 Bcf On Week

US natural gas working stocks rose by just 18 Bcf during the week ended Aug. 12, well below market expectations,...
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Raw Sugar Prices Edge Up, Coffee Also Climbs

Raw sugar futures on ICE edged up on Friday as the market consolidated after four successive daily declines, while arabica...
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China Demand Doubts Darken Mood As Miners Baulk At Energy Costs

The prospect of a global recession and doubts over economic stimulus in China, the world’s biggest user of raw materials,...
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Index Accelerates Digitalization Of Port Commodity Trade And Helps Realize Interconnection Between Industrial Chain And Supply Chain

At the 2022 Qingdao Land-Sea Linkage Seminar held on August 15, 2022, the International Shipping Hub Development Index — RCEP...
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Collaboration The Key To Safer Transport Of Dangerous Goods

Drawing on the combined expertise and experience in the movement of dangerous goods around the world, several global trade organisations...
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China Warns Yangtze Drought Could Last Until Sept As It Races To Protect Harvests

China’s water ministry warned that severe drought conditions in the upper and middle reaches of the Yangtze river could last...
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Maritime Digital Challenge Returns For Second Edition With Call For Tertiary Talent To Pit Skills Against Real-World Industry Challenges

Leading multinationals A.P. Møller Maersk, PSA Cargo Solutions and RightShip join the Singapore Maritime Foundation to create platform for talent...
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BW LNG Names Two New Modern LNG Carriers

We were delighted to hold the naming ceremony for two LNG newbuildings at Okpo Shipyard, DSME on August 10th. The...
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Global Maritime Services Launches Marine Advisory For The FSRU & LNG Sector

Global Maritime Services Ltd. (GMS) has announced the launch of its new Marine Department, a marine advisory service for the...
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Norsepower Signs Agreement With Dalian Shipbuilding Industry Co. Ltd. To Install Rotor Sails Onboard Two Newbuild CO2 Carrier Vessels

Norsepower Oy Ltd., the leading global provider of auxiliary wind propulsion systems, today announced a contract with Dalian Shipbuilding Industry...
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