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Veson Nautical to acquire VesselsValue

Veson Nautical, a marine freight management solutions provider, announced its intention to acquire the UK online pricing platform VesselsValue. The amount of the possible transaction...

Container ship demolition sales surge in January

The first month of 2023 was the busiest month for container vessel demolitions since July 2020, according to a recent VesselsValue report. A total of...

India signals change through vessel age limits

India is taking further steps to lower the footprint that their shipping trade leaves. It is understood that a number of measures will be...

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...
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Singapore Shipping Association unveils tool to enhance cyber risk management

Singapore Shipping Association (SSA), a trade association advocating for the interests of over 500 Singapore-based companies involved in ship owning, operating, and maritime services,...

MSC applies new prices from Far East to Europe

Swiss/Italian container carrier MSC will implement the following new Freight All Kind (FAK) rates from Asia to Europe. Effective as from 1 May but not...

Port of Antwerp-Bruges handles over 3.2 million TEUs in first quarter

The Port of Antwerp-Bruges said that despite the ongoing complexities in geopolitics and macroeconomics, its volume growth, primarily driven by a resurgence in container...

Port of Rotterdam achieves 10% CO2 emission reduction in 2023

In 2023, there was a 10% reduction in CO2 emissions at the port of Rotterdam compared to 2022, amounting to a decrease of 2.2...