A General Rate Increase (GRI) from Asia* to the West Coast of Latin America, Mexico, Caribbean*, Central America and Latin America East Coast for cargo transported in 20’ and 40’ Dry containers, including High Cube equipment and 40’ non-operative reefers is coming up....

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Houthis continue to attack ships in the Red Sea and the Gulf of Aden, and there is no end to the conflict in sight.  We therefore base our forecasts on the assumption that rerouting of ships away from the Red Sea and the Suez Canal towards the Cape of Good Hope may...

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Mumbai: Bharat Petroleum Corporation Ltd (BPCL) has set a new benchmark in the Indian Maritime Industry by launching first biofuel blend High Flash High Speed Diesel (HFHSD) bunker by an OMC at Mumbai Port. This pioneering initiative by BPCL underscores its unwavering...

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On 16 August 2024, the naming and delivery ceremony of the first two China-built offshore wind power SOVs (Service Operation Vessels) ‘ZHI ZHEN 100’ and ‘ZHI CHENG 60’ was held in Qidong, China. The two SOVs were delivered by Shanghai Zhenhua Heavy Industries Co.,...

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The International Longshoremen’s Association (ILA) has warned that its 85,000 members will strike on 1 October if a new contract is not agreed ahead of that date. “With a port-to-port sailing time of 24 days on a typical transatlantic trade from Genoa to...

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