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 […]
MSC fleet capacity has surpassed the 7.2 Mteu mark, reinforcing the carrier’s dominant position in the global container shipping market. Geneva-based MSCCargo fleet has reached another milestone in a short timeframe, this time surpassing the 7.2 Mteu mark. This gives the world’s largest carrier a 21.4% market share of the existing container ship fleet. MSC […]
Container shipping is accelerating its shift toward LNG-fuelled vessels, as new entrants like Yang Ming begin deploying dual-fuel ships for the first time, according to Alphaliner. Last week, Yang Ming took delivery of its first LNG dual-fuel vessel. The 15,600 TEU YM WILLPOWER, built by Hyundai Heavy Industries in Ulsan, is the first of five […]
Global bunker prices moved in mixed directions in Week 07. The 380 HSFO index rose to around $432/MT, while VLSFO strengthened more notably to just above $520/MT. In contrast, MGO LS slipped slightly to about $779/MT, with the market showing a modest upward corrective bias overall. The global scrubber spread widened to just above $88/MT, […]
Container shipping capacity among mid-sized liner operators showed mixed movements over the past year, reflecting sanctions impacts and evolving network strategies. Тhe aggregate operated capacity of the eighteen medium-sized carriers, ranked 13-30 in Alphaliner’s Top 100, increased by a modest 2.7% over the past twelve months. These operators added about 56,000 teu to their fleets, […]
Global bunker prices moved in mixed directions in Week 06. The 380 HSFO index edged higher to around $426/MT, while VLSFO rose more firmly to just above $508/MT. In contrast, MGO LS slipped slightly to about $779/MT, although the market still showed a modest upward corrective bias overall. The global scrubber spread (HSFO–VLSFO) widened to […]
Red Sea container shipping is gradually returning as several major carriers have begun to reinstate Suez Canal services after a prolonged period of diversion around the Cape of Good Hope. While this does not yet represent a full return to pre-crisis normality, it signals an important shift in routing patterns that is already feeding into […]