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 […]
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 […]
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 […]
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 […]
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 Alliance ( […]
The Asia–North America container trade saw Asian carriers strengthen their market leadership at the start of 2026, reports Alphaliner. Last month, COSCO SHIPPING Group, ONE and Evergreen were the three carriers with the biggest fleet deployed in dedicated Far East – North America loops. Alphaliner counted 532 ships operating at the beginning of 2026, representing […]
Global bunker prices recorded a moderate decline in Week 08. The 380 HSFO index edged down to around $433/MT, while VLSFO slipped to about $520/MT. MGO LS posted the largest drop, falling to roughly $778/MT, with the market continuing to show mixed directional signals overall. The global scrubber spread narrowed slightly to around $87, remaining […]
Suez Canal traffic continues to decline as Red Sea security risks disrupt normal shipping patterns and delay a full recovery in vessel transits. While several carriers have announced a return to the Suez Canal, AIS-backed traffic data shows the recovery is still developing. Overall monthly traffic via the Red Sea registered further year-over-year decreases in […]
The Hapag-Lloyd ZIM acquisition would see the German carrier take over the Israeli shipping line in a $4.2bn cash deal, marking one of the most significant consolidation moves in container shipping. HapagLloydAG and FIMI, Israel’s largest private equity fund, have won a tender for the takeover of the Haifa-based shipping line ZimShipping (ZIM). Subsequently, the […]