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Friday, October 7, 2022
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Congestion, a big piece of the supply and demand puzzle

Introduction Dry bulk and container shipping markets have exhibited sharp declines in earnings over the summer. Many have attributed this to a drop in congestion....

Felixstowe strike poses challenge to supply chains

Port workers at Felixstowe are set to strike for eight days from Sunday 21 August until Monday 29 August, after rejecting the latest pay...

Supply chains backed up on US East Coast, but free flowing pockets remain

Several major container ports on the US East Coast are experiencing elevated levels of congestion, but a few remain relatively free flowing and uncongested. As...

Record prices for container newbuild vessels

Boxship newbuilding prices are hitting new all-time highs, as container freight levels show no sign of a substantial correction anytime soon. VesselsValue shows that on...

VesselsValue: Newbuild Report 2021

2021 was a record-breaking year for the maritime industry. The spread of three major Covid-19 variants had substantial repercussions for shipping: labour shortages, port...

Why the West may sanction Russian shipping companies before it sanctions oil & gas

The outbreak of war in Eastern Ukraine has raised fears about the impact of further sanctions on global energy markets, coupled with the UK...

VesselsValue appoints new chief scientist

The valuation and data provider VesselsValue has appointed Alexander Adamou, an experienced mathematician and modeller in the shipping industry, to the board of directors...

VesselsValue introduces new vessel energy efficiency rating tool

London-based shipping data provider, VesselsValue has announced its latest Green product that allows clients to access, customise and compare vessels’ Energy Efficiency ratings. This new...

VesselsValue demolition report for 2021

2021 saw significant trends and changes in the shipping industry with record-breaking Container demand, surging steel prices, and the threat of returning lockdowns as...

Containers continue to triumph

The container market continues to impress with record-breaking rates and ordering never seen before. Olivia Watkins, Head Cargo Analyst of VesselsValue, an online valuation and...
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MABUX reports upward trend in bunker indices

Over Week 40, Marine Bunker Exchange (MABUX) global bunker indices turned to upward evolution with the 380 HSFO index increasing last week to US$502.55/mt,...

Maersk’s Performance Team deploys first Volvo electric trucks in Southern California

Maersk-owned Performance Team has deployed its first Class 8 battery-electric trucks from Volvo Trucks North America in Southern California in response to customer demand...

Drewry’s WCI loses three-fourth of pandemic gains despite record high US-Europe rates

The losses for the Drewry's World Container Index (WCI) keep stretching. The Index lost 8% to end at US$3,688.75 for the week, extending its...

Port Houston orders 26 hybrid Konecranes RTGs

Port Houston has ordered 14 hybrid Konecranes rubber tyred gantry cranes (RTGs) for its Barbours Cut Container Terminal and 12 hybrid Konecranes RTGs for...