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Title: Insights to the global shipping, trade and global ports
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Middle East container shipping is facing severe disruption after escalating conflict in the Gulf left more than 130 container vessels stranded in the region.
Container shipping in the Middle East is entering a period of major instability after the US and Israel launched large-scale air strikes on Iran on Saturday. The retaliatory actions of the Tehran regime including ...
Global bunker prices surged in Week 10 as geopolitical tensions in the Middle East triggered sharp gains across marine fuel markets.
The 380 HSFO index jumped above $560/MT, VLSFO climbed past $650/MT and MGO LS exceeded $1,000/MT for the first time since October 2023, reflecting strong volatility across the fuel complex.
The global scrubber spread narrowed slig...
Global bunker prices rose sharply in Week 09, with the 380 HSFO index climbing above $450/MT, VLSFO approaching $550/MT and MGO LS exceeding $800/MT, supported by continued strength across the fuel complex and bullish market sentiment.
The global scrubber spread widened to around $96, moving closer to the $100 breakeven threshold. Singapore recorded the most pronounced...
A comparison of container fleets shows significant differences in container fleet age among the world’s largest carriers.
Evergreen’s fleet of nearly 240 vessels, with a combined capacity of just under 2 Mteu, has the youngest average age at 9.3 years.
Wan Hai’s 120 vessels and 0.6 Mteu of capacity rank second, with an average fleet age of 9.4 years.
Sout...
The Far East–Europe container trade has reached record capacity levels as carriers deploy more vessels on the corridor.
Weekly deployed capacity on the Far East–Europe tradelane has climbed to an unprecedented level, remaining above 521,000 TEU for three consecutive weeks. This marks the highest weekly deployment ever recorded on this corridor.
The OCEAN Allianc...