Allied Weekly Market Review Week 44
Pls find below the Allied – Weekly Market Review – Week 44
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New handymax vessel for Nova Marine Carriers
New entry for the Nova Marine Carriers fleet. The Lugano-based group, controlled by the Romeo and Gozzi/Bolfo families, has taken delivery of a new…
Baltic index rises on higher freight activity, fewer ships
The Baltic Exchange’s dry bulk sea freight index climbed on Wednesday, as rates across ship segments rose amid increased freight activity and some…
Red Sea shipping stages fragile uptick as US continues to hit Houthi sites
Tanker and commercial shipping traffic through the Red Sea show signs of a fragile recovery from recent lows, according to ship tracking data, after…
Watch out for new emission control areas
The previously announced Mediterranean Sea ECA is set to take effect on 1 May 2025. In addition, Norway and Canada have submitted proposals to…
As more tankers divert from Suez Canal, there’s a ‘sea change’ in way Europe is buying crude
Energy prices for Europe are expected to increase as more petroleum products and crude tankers are diverting away from the Rea Sea and Suez Canal.…
Russia’s place as top crude supplier to India under pressure for first time since October 2022
An increase in Iraqi crude volumes this month means that Russian crude may be eclipsed as India’s top source for the first time since October 2022,…
The Gas Vitality LNG Bunker Vessel Completes her 100th LNG Bunker Operation in Marseille, Southern France
The Gas Vitality Liquefied Natural Gas (LNG) bunker vessel celebrated the onset of the New Year by successfully conducting her 100th bunkering…
MABUX Bunker Weekly Outlook Week 04 2024
The Weekly Outlook was contributed by Marine Bunker Exchange (MABUX) Over the Week 04, the MABUX global bunker indices continued irregular changes…
Global Coalition for Social Justice attracts first 100 partners
Governments, employers’ and workers’ organizations, international organizations, academic institutions and NGOs join Coalition to grow multilateral…
Republic of the Marshall Islands Registry achieves 200 million quality gross tons
The Republic of the Marshall Islands Registry achieved a new milestone surpassing 200 million quality gross tons and nearly 5,600 vessels. This…