FBX Index May 2024: Crisis continues to underpin supply/demand balance
The quarterly results from the major carriers are beginning to be reported, with ONE and Maersk having issued theirs at…
First Quarter Australian LNG Exports Rose Along With the Rest of the Market
Global seaborne LNG trade kept its upwards momentum during the first quarter of 2024, with Australia retaining its no2 spot,…
Costamare Inc. Reports Strong First Quarter Results
Costamare Inc. today reported unaudited financial results for the first quarter ended March 31, 2024 (“Q1 2024”). I. PROFITABILITY AND…
Container line shares surge as container freight index rises to highest point of the year
Zim shares reach highest level in more than a year in New York as container shipping demand signs look positive
Report: Dail Will Move to Baltimore Berth Next Week for Investigators
The authorities leading the recovery operation in Baltimore have declined comments on the timeline for the next steps including the…
Royal Danish Navy and EMSA Expand North Sea Surveillance with Quadcopter
A four-month program is underway in the North Sea to expand monitoring and surveillance operations. The program is being conducted…
Seven Crewmembers from Seized MSC Aries Depart Iran
After weeks of being held in Iran and promises that the crew of the seized containership MSC Aries would be…
Baltic dry bulk index logs best week in more than two months
The Baltic Exchange’s main sea freight index marked its best week in more than two months on Friday, despite a…