News Updates

Capesize rates weaken
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Capesize rates weaken

The Baltic Exchange’s dry bulk sea freight index slipped to its lowest in almost a month on Thursday, as rates..

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Wärtsilä and Solvang to collaborate on retrofitting carbon capture and storage system
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Wärtsilä and Solvang to collaborate on retrofitting carbon capture and storage system

Wärtsilä Exhaust Treatment and Solvang ASA, a Norwegian shipping company, have agreed on a full-scale pilot retrofit installation of a..

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Supply chain issues may last until 2023
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Supply chain issues may last until 2023

A shipping expert believes that the supply chain crisis may last well into 2023 given how global trade has been..

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PIL launches new direct Gulf China Service
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PIL launches new direct Gulf China Service

Pacific International Lines (PIL) announces the launch of a new weekly direct service connecting Central and South China to the..

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Market Insight
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Market Insight

Container shipping: In 3Q21 and early October, container shipping stocks saw a sell-off triggered by the risk of worsening container..

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Dry bulk sector returns firmly back
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Dry bulk sector returns firmly back

Newbuilding ordering activity has continued apace, with more orders being placed last week, especially for dry bulk carriers. In its..

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Coordinated approach needed
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Coordinated approach needed

The global maritime industry is intensifying efforts to curb its carbon footprint, but the journey has just begun. Preparations, thus..

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Container prices ease as China resumes activities post the Golden Week
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Container prices ease as China resumes activities post the Golden Week

Container xChange, one of the world’s fastest growing tech companies and the market leaders for trading and leasing of containers, have published container prices data trends and insights soon after the..

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Baltic Exchange appoints Martin Crawford-Burnt as Strategic Carbon Lead
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Baltic Exchange appoints Martin Crawford-Burnt as Strategic Carbon Lead

The Baltic Exchange has appointed former RightShip Chief Executive, Martin Crawford-Brunt as a Strategic Carbon Lead. The Baltic Exchange recently..

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