On a Week 41, the MABUX World Bunker Index continued its firm upward trend, but in a bit slightly manner that the week before. The 380 HSFO index rose by 11.18 USD : from 522.50 USD / MT to 533.68 USD / MT. The VLSFO index increased by 17.69 USD: from 614.17 USD / MT […]
On a Week 40, the MABUX World Bunker Index continued its firm upward trend. The 380 HSFO index rose by 27.07 USD and overcame 500 USD mark: from 494.60 USD / MT to 521.67 USD / MT. The VLSFO index increased by 22.15 USD and exceeded the 600 USD mark: from 590.05 USD / MT […]
In issue 534 of the Sunday Spotlight, we used data from our Global Liner Performance (GLP) and Trade Capacity Outlook (TCO) databases, to gauge the impact that congestion and vessel delays have had on the global deployed liner capacity. Figure 1 shows the global impact. At the previous height in February 2021, 11.3% of global capacity was absorbed by delays, […]
Sale and purchase activity in the container ship market declined sharply in the third quarter but prices remain on a rising trend, with owners chasing a smaller pool of available assets. Sales volumes fell sharply in the July-September period, with ’just’ 103 ships of 380,000 teu sold. It is a significant drop from the 170 […]
American consumers are shaking up the lower orders of the global port throughput rankings as demand for goods soars in North America. Figures for the first six months of 2021 show Los Angeles/Long Beach & New York/New Jersey recorded year-on-year throughput growth of 41% and 31% respectively, with LA/LB processing more than 10 million TEU […]
On a Week 39, the MABUX World Bunker Index showed firm upward evolution. The 380 HSFO Index rose by 20.30 USD: from 474.56 USD / MT to 494.86 USD / MT, the VLSFO Index increased by 19.32 USD: from 571.14 USD / MT to 590.46 USD / MT, while the MGO index added 16.13 USD […]
The most recent ISL Monthly Container Port Monitor (MCPM) data shows that the growth in container traffic at ports around the globe is slowing slightly. Although a modest increase was again reported in relation to the previous month, the increase only reaches 4.5% compared with July 2020, after consistently double-digit growth rates year-on-year over the […]
Double-digit growth in imports at the nation’s largest retail container ports is slipping to single digits as pandemic-related supply chain disruptions around the world continue, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Year-over-year growth isn’t as dramatic as it was earlier because we’re now […]
None of the seven dedicated Central China – Middle East services operated by the big carriers currently offers weekly sailings due to a chronic lack of tonnage. As of 14 September, Alphaliner counted just 29 ships deployed on these services, while 50 would be required according to pro forma schedules. As a result, almost half […]