Over Week 18, the global MABUX bunker indices demonstrated a sustainabale downward trend. The 380 HSFO index experienced a further decrease of 15.29 USD, falling from 496.99 USD/MT in the previous week to 481.70 USD/MT. The VLSFO index, in turn, also dropped by 18.21 USD (604.61 USD/MT versus 622.82 USD/MT last week), and was close […]
Europe’s Economic Outlook Improves, Container Logistics Companies Struggling Depots are still overwhelmed, and Demurrage and detention charges are high in Europe Average container prices bottoming out in Europe, no further steep falls in Q1 Lower freight rates and heavy price competition, bigger players inching towards consolidation Europe’s economic rebound is mixed as the service sector […]
During Week 17, the global MABUX bunker indices showed a consistent downward trend. The 380 HSFO index dropped by 8.51 USD, falling from 506.70 USD/MT last week to 498.19 USD/MT, breaking through the psychological threshold of 500 USD. Similarly, the VLSFO index also declined by 19.28 USD, going from 624.37 USD/MT to 643.55 USD/MT last […]
Demolition sales have increased at a slower pace than anticipated in the first months of 2023, with only 28 container ships of 500 teu and above for a total of 48,555 teu sold for recycling since 1 January. This is higher than last year at the same time, when zero vessels were sold to breakers. […]
Over the Week 16, the global MABUX bunker indices experienced a sustained downward trend. The 380 HSFO index fell by 3.15 USD: from 511.69 USD/MT last week to 508.54 USD/MT, and is approaching the 500 USD mark. The VLSFO index, in turn, also decreased by 8.25 USD (646.49 USD/MT versus 654.74 USD/MT last week). The […]
Over the Week 15, the global MABUX bunker indices did not show a firm trend and changed sideways. The 380 HSFO index rose by 9.64 USD from 501.68 USD/MT last week to 511.32 USD/MT, which is above the 500 USD mark. Similarly, the VLSFO index added 3.35 USD (654.96 USD/MT versus 651.61 USD/MT last week). […]
MSC can potentially carry the largest amount of refrigerated cargo on its ships, a new survey by Alphaliner shows. The 746 vessels in its fleet are fitted with a combined total of more than 496,200 reefer plugs. This contrasts with our last survey of reefer capacity carried out in April 2022 which still showed Maersk […]
Average operating margins for the leading container carriers fell by a third to their lowest level in two years in the final quarter of 2022, following the severe decline in rates and demand. Following an average margin of 51.9% in the third quarter of 2022, the top 10 carriers reported a much more modest 33.3% […]
The latest Alphaliner inactive fleet report shows that 300 containerships of over 500 teu were out of active service on 13 Mar’, representing a capacity of nearly 1.57 Mteu or 6% of the total cellular fleet. When excluding all ships which are in shipyards for general repairs or class renewal, the commercially idle fleet consists […]