August is typically an element of the strongest part of peak season, yet 2022 does not have any material peak season. As a consequence, the slide in spot rates not only continued, but the pace of the decline also increased. The available data in the market shows that fundamental support for very...
https://www.hellenicshippingnews.com/fbx-index-the-pace-of-decline-increases/
As a market-leading developer and vendor of digital twins for the energy sector, KDI is now adding digital twin for maritime to its portfolio. Digital twins allow new ways of working and interacting with data and operational insights. The first areas the maritime twin supports are trim advisory, 3D...
GAC has been named ‘Best Ship Agent’ at the 16th ShipTek International Awards in recognition of the Group’s consistently high standards of service, as well as its environmental and safety compliance amid a challenging global environment. The award, which was received by GAC Group Marketing Manager...
https://www.hellenicshippingnews.com/gac-named-best-ship-agent-at-16th-shiptek-international-awards/
Iridium Communications Inc. ( Nasdaq: IRDM) today announced that Jan De Nul Group, a leading maritime construction and civil engineering company, has become the latest fleet to select Iridium’s Global Maritime Distress and Safety System (GMDSS) solution. By adopting Iridium® GMDSS, Jan De Nul is...
https://www.hellenicshippingnews.com/jan-de-nul-group-chooses-iridium-gmdss/
Nautilus International is part of an extensive new global research project to showcase female involvement in the maritime industry over the centuries. The Rewriting women into maritime history project will collate material that is spread across various archives, beginning within those in the City...
Ukraine said it had dispatched its biggest convoy of grain vessels under a U.N.-brokered deal so far after 13 ships set sail from its ports on Sunday carrying 282,500 tonnes of agricultural products to foreign markets. The cargo bound for eight countries was loaded at the Black Sea ports of Odesa,...
NYSHEX is excited to partner with Hapag-Lloyd, a leading global liner shipping company, to improve and streamline the performance of its Quality Freight Product (QFP) contracts. The partnership will allow Hapag-Lloyd to deliver an enhanced customer experience by adding automated performance...
https://www.hellenicshippingnews.com/nyshex-technology-supports-hapag-lloyds-product-offering/
MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO in the main world hubs) continued downward changes on Sep. 02: 380 HSFO – USD/MT – 556.71 (-7.98) VLSFO – USD/MT – 805.99(-13.49) MGO – USD/MT – 1 168.67 (-18.08) 380 HSFO fuel grade, according to MDI...
https://www.hellenicshippingnews.com/mabux-bunker-prices-may-turb-into-upward-trend-on-sep-05/
China’s coastal bulk freight index went down slightly in the week ending Friday, according to the Shanghai Shipping Exchange (SSE). The composite index for coastal bulk freight lost 3.6 percent week on week to 1,077.87, said the SSE. The coal sub-index went down 5.5 percent to 1,088.65, data...
https://www.hellenicshippingnews.com/chinas-weekly-coastal-bulk-freight-index-edges-down-2/
China’s index of export container transport declined in the week ending Friday, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) went down 2.5 percent to 2,830.11 from the previous week, according to the exchange. The sub-index for the Persian...
https://www.hellenicshippingnews.com/chinas-weekly-export-container-shipping-index-down/