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Maersk applies new Gabon surcharge
Danish ocean carrier Maersk is introducing a peak season surcharge (PSS) on shipments from Gabon to Africa, Europe, Middle East, Far East and Central...
Upward trend in bunker indices
At the end of the 24th week of the year, the global bunker indices published by Marine Bunker Exchange (MABUX) continued their moderate upward...
Unprecedented fleet utilization puts another layer of uncertainty in global shipping
The global container shipping industry is entering uncharted waters as it sails into an era of unprecedented fleet utilization, with idle capacity plunging to...
Wärtsilä hybrid propulsion to power four new Vertom vessels
Wärtsilä has secured a contract to deliver a fully integrated hybrid propulsion solution for four new 10,700 DWT geared tween decker vessels being constructed...