MABUX – bunker Index – 20 April
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As a reflection of the current news priorities, from this week we will reduce the frequency of the MABUX bunker index stories from daily...
Charter market stagnation not likely to last says broker
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Expectations of a rate correction in the charter market are high as owners and buyers look for solutions for delivering vessels. In the short-term rates...
Heung-A reroutes service away from Pyeongtaek amid sluggish demand
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South Korean intra-Asia carrier Heung-A Line has reorganised its Japan-Pyeongtaek Express (JPX) service between South Korea and western Japan, as demand became sluggish amid...
DACHSER expands Europe-Chile network
DACHSER, a global logistics solutions provider, has announced its new fixed weekly schedule of LCL (Less than Container Load) services departing from Hamburg in...
MABUX bunker index – 18 March
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Veritas Pertoleum Services (VPS) has issued 15 bunker alerts since the sulphur cap was introduced on 1 January this year, surprisingly of those alerts...
Newbuildings take the stage
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Overcapacity in the shipyards has seen the market develop in favour of the buyer with the latest deals, including OOCL’s five vessel order for...
Hapag-Lloyd announces new GRI from East Asia
Hapag-Lloyd will implement the following General Rate Increase (GRI) in the eastbound trade from East Asia to all USA and Canada destinations as of...
MABUX daily bunker index – 9 March
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Crude oil prices have fallen by as much as 10% as the meeting of the Oil Producing and Exporting Countries (OPEC) failed to agree...
The daily Mabux Bunker index – 5 March
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A European Commission (EC) proposal to enshrine the EU’s climate goals into law was announced on 4 March, the law will commit Europe to...
Booking platform offers Evergreen’s customers benefits
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GreenX, the new booking platform developed by Taiwan’s Evergreen Line, will offer guaranteed space on board its vessels, so no roll-over cargo and a...
Daily container freight Index launched by Baltic and Freightos
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Spot ocean rates will be tracked in real-time for the first time following the launch of the Freightos Baltic Index (FBX) by the Baltic...
Vietnam attracts more containers amid US-China trade war
Amid the US-China trade war, Vietnam has benefited the most. As manufacturers shift some production from China to Vietnam, intra-Asia liner operators have been...
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Taking the personal view for crew working on container shipping
Philip Eastell – Founder of Container Shipping Supporting Seafarers – describes the personal side of container operations at a time when crew, affected by...
High speed and compromised manoeuvring caused Milano Bridge accident
The container ship Milano Bridge had failed to slow down as it attempted to berth in Busan New Port on 6 April 2020, causing...
Updated: Maersk continues to cancel sailings across the globe
Due to market demand reductions globally caused by the Covid-19 pandemic, Maersk is continuing to moderate its schedule. The Danish liner company line will,...
Truckers hit back at carriers in US chassis dispute
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US truckers have responded to international shipping lines’ “motion to dismiss” a USD$1.8 billion complaint over “unfair” practises surrounding the use of chassis for...
MSC and CMA CGM join Maersk’s blockchain initiative
Two of the largest global carriers CMA CGM and Mediterranean Shipping Company (MSC) have announced their integration onto TradeLens, the blockchain platform jointly developed...
