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  • info lily-shipping
    Dear Sir Good day, We have the honor to welcome shipping companies, shipping agents, Ship management companies, Recruiting agents, honorable personality and related concerns to recruit Bangladeshi seafarers. Lily Shipping Limited day by day is emerging as a giant in the country’s maritime market providing world standard seafarers for the safe and secure operation of a wide range of ships worldwide. Bangladeshi seafarers are of relatively high standards in proficiency, hardworking and able to understand various languages up to the required standards. They are well behaved, obedient, trustworthy, nonalcoholic and possess a high moral courage. They are content with reasonable wages. Crew Manning All types of crew sourcing and recruitments. Crew Welfare Our Company is quite aware about the welfare of its crews. We have the required knowledge and experience about the maritime labor laws, Maritime labor Convention MLC 2006 and international labor law (ILO) as well. We concentrate not only on the welfare of the crew members but also their family prospects and necessities. We stay close and connected with the government semen and labor welfare directorate to ensure their rights and necessities. Your kind Co-Operation will be Highly Appreciated. Thanks
    2021-06-29 09:03:17
  • PortDA
    Hi Sabashipping this is new user enquiry for my good vessel
    2021-08-05 17:06:06
  • PortDA Admin
    hello agent
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    hi
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  • PortDA
    Hi this enquiry is for Saba Shipping
    2021-08-22 20:07:12
  • PortDA
    Hi this enquiry is for Saba Shipping
    2021-08-22 20:07:34
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    test
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    hello sir
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    hello sir
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    test msg
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    hi there
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    ......
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    12345
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    retest
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  • bab al ugsa
    I would like to know more details
    2022-04-06 13:04:56
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Recent News

MABUX: Bunker Weekly Outlook, Week 14, 2022

There is still no firm trend in the global bunker market amid the ongoing military conflict in Ukraine. Over the Week 14, the MABUX Bunker Index showed slight irregular changes. The 380 HSFO index fell by 9.15 USD: from 726.25 USD/MT to 717.10 USD/MT. The VLSFO index rose by 1.46 USD: from 943.06 US....

Global  maritime Hub Published 2y-1mo-1w-14h-47m ago

MABUX: Bunker Weekly Outlook, Week 13, 2022

The military conflict in Ukraine hinders the formation of a stable sustainable trend in the global bunker market. Over the Week 13, the MABUX Bunker Index showed a slight downward correction. The 380 HSFO index decreased by 6.34 USD: from 724.63 USD/MT to 718.29 USD/MT. The VLSFO index lost 14.69 US....

Global  maritime Hub Published 2y-1mo-1w-3d-15h ago

Container credit ratings: is investment grade in sight

Credit ratings have improved for six of the eight tracked container companies since the start of 2021, with non operating owners NOOs now reaping the benefits of improved balance sheets. The transformation has opened up the possibility of more companies joining Maersk in the investment grade space....

Global  maritime Hub Published 2y-1mo-3w-13h-12m ago

MABUX: Bunker Weekly Outlook, Week 12, 2022

Sparked by the military conflict in Ukraine and the potential of up to 3 million bpd loss of Russian supply, the extreme volatility in bunker markets is here to stay. As a result of Week 12, the 380 HSFO Index rose by 35.97 USD: from 685.86 USD/MT to 721.83 USD/MT. The VLSFO index went up amp 823....

Global  maritime Hub Published 2y-1mo-3w-13h-15m ago

MABUX: Bunker Weekly Outlook, Week 11, 2022

The progress in Russia Ukrainian talks eased concerns of a possible shortage on the bunker market and pushed the prices down on a Week 11. The 380 HSFO Index fell by 75.93 USD: from 761.79 USD/MT to 685.86 USD/MT. The VLSFO Index declined by 136.70 USD: from 1032.68 USD/MT to 895.98 USD/MT. The MGO ....

Global  maritime Hub Published 2y-1mo-3w-6d-13h-15m ago

MABUX: Bunker Weekly Outlook, Week 10, 2022

The military conflict in Ukraine pushed bunker prices to record levels on a Week 10. The 380 HSFO Index rose by 106.79 USD: from 659.89 USD/MT to 765.93 USD/MT. The VLSFO Index jumped by 177.34 USD: from 760.73 USD/MT to 1038.07 USD/MT. The MGO index showed the most significant growth: by 289.34 USD....

Global  maritime Hub Published 2y-2mo-4d-10h-14m ago

MABUX: Bunker Weekly Outlook, Week 08, 2022

On a Week 08, the MABUX World Bunker Index changed sideways with no firm trend. The 380 HSFO Index rose by 14.55 USD: from 585.76 USD/MT to 600.31 USD/MT. The VLSFO Index went up by 13.26 USD: from 749.95 USD/MT to 763.21 USD/MT. Meantime, the MGO Index fell by 2.11 USD from 882.26 USD/MT to amp ....

Global  maritime Hub Published 2y-2mo-2w-4d-12h-26m ago

Growth at the world’s 30 largest container ports exceeded 6.5% in 2021

Throughput growth at the world’s 30 largest container ports exceeded 6.5% in 2021, as gains offset last year’s losses for many individual ports. The 30 leading ports handled 450 Mteu during the year, versus 421 Mteu in 2020. Shanghai continued to build on its lead as the world’s busiest contai....

Global  maritime Hub Published 2y-2mo-2w-4d-12h-32m ago

MABUX: Bunker Weekly Outlook, Week 07, 2022

On a Week 07, the MABUX World Bunker Index continued firm upward evolution. The 380 HSFO index rose by 9.67 USD: from 575.10 USD/MT to 584.77 USD/MT. The VLSFO index went up by 14.06 USD: from 734.63 USD/MT to 748.69 USD/MT. The MGO index gained the most: plus 18.80 USD from 862.75 USD/MT to 881.55....

Global  maritime Hub Published 2y-2mo-3w-4d-11h-22m ago

Port congestion: fewer ships waiting, but huge delays remain

Vessel delays remain a significant problem in the Asia amp 8211 North Europe and China amp 8211 California trades. According to Alphaliner’s latest research, there has been no improvement yet since our latest trade surveys published last November. Despite an overall decline in the number of ....

Global  maritime Hub Published 2y-2mo-3w-4d-11h-27m ago

MSC undisputed market leader in intra-Europe trade

The Main Line Operators MLO clearly dominate the European short sea market with a combined market share of 74%, leaving only 26% for the regional carriers and the common feeder operators. MSC, who in early January took the top spot in the Alphaliner Top 100 from its rival Maersk as the world’s l....

Global  maritime Hub Published 2y-3mo-4d-13h-49m ago

MABUX: Bunker Weekly Outlook, Week 06, 2022

On a Week 06, the MABUX World Bunker Index showed a moderate upward evolution. The 380 HSFO index rose by 6.07 USD: from 567.85 USD/MT to 573.92 USD/MT. The VLSFO index went up more significantly: by 18.94 USD from 713.49 USD/MT to 732.43 USD/MT and is consistently above the mark of 700 USD. The MGO....

Global  maritime Hub Published 2y-3mo-4d-13h-52m ago

Boxship Sale and Purchase market smashes all records in 2021

The number of cellular container vessels changing hands reached an all time high in 2021 after ship owners appeared willing to pay almost any price to secure tonnage in the frenetic post COVID market. A total of 572 container ships were sold during the year, equivalent to a breathtaking 1.94 Mteu, t....

Global  maritime Hub Published 2y-3mo-1w-4d-12h-23m ago

MABUX: Bunker Weekly Outlook, Week 04, 2022

On a Week 04, the MABUX World Bunker Index remained at stable levels and did not show any significant changes. The 380 HSFO index rose by 1.74 USD: from 544.06 USD/MT to 545.80 USD/MT. The VLSFO index gained a symbolic 0.15 USD: from 695.39 USD/MT to 695.54 USD/MT, while the MGO index added 7.94 USD....

Global  maritime Hub Published 2y-3mo-2w-4d-15h-45m ago

Carriers prioritize East-West routes

Intra regional and Africa trade capacity drops as carriers prioritize lucrative East West routes The cellular liner fleet grew 4.5% in 2021 to reach 24.97 Mteu on 1 January 2022. This growth was not evenly spread across all trades, however. On the contrary, last year witnessed a massive shift in cap....

Global  maritime Hub Published 2y-3mo-2w-4d-15h-50m ago

MABUX: Bunker Weekly Outlook, Week 03, 2022

On a Week 03, the MABUX World Bunker Index continued its firm upward trend. The 380 HSFO Index rose by 18.72 USD: from 525.17 USD/MT to 543.89 USD/MT. The VLSFO Index gained 30.98 USD from 662.95 USD/MT to 693.93 USD/MT, while the MGO Index increased by 29.59 USD from 787.30 USD/MT to 816.89 USD/MT....

Global  maritime Hub Published 2y-3mo-3w-4d-12h-13m ago

MSC moves to number one slot

Last week amp 8217 s delivery of the 2002 built MEXICO to MSC is historical. Unspectacular at first glance, the addition of the 4,992 TEU ship to the MSC fleet finally saw the Swiss ocean carrier of Italian origin claim the top spot among the world’s container lines. Starting out with a German bu....

Global  maritime Hub Published 2y-4mo-1d-10h-17m ago

MABUX: Bunker Weekly Outlook, Week 02, 2022

On a Week 02, the MABUX World Bunker Index continued to grow steadily, continuing the upward trend started from the first week of the new year. Index 380 HSFO rose by 19.37 USD: from 504.92 USD / MT to 524.29 USD / MT. The VLSFO index surged by 21.11 USD: from 641.20 USD / MT amp 8230 The post ....

Global  maritime Hub Published 2y-4mo-1d-10h-28m ago

MABUX: Global bunker market in 2021

The global bunker market continued its recovery in 2021. After a sharp drop to lows in April 2020, triggered by the coronavirus pandemic and a subsequent collapse in economic activity around the world, since May 2020 global bunker indices have shown a moderate uptrend that continues nowadays as well....

Global  maritime Hub Published 2y-4mo-1w-1d-11h-23m ago

Container freight rates retreat

Container freight rates retreated in 4Q21 from the all time highs recorded in 3Q21 as the growth in cargo demand slowed down and supply chain congestion showed tentative signs of easing. However, Drewry expects rates on major East West lanes to increase again in January 2022, ahead of the CNY holida....

Global  maritime Hub Published 2y-4mo-1w-1d-14h-18m ago

DP World Q1 shipping volumes up 10%

DP World Limited handled 18.9 million TEU twenty foot equivalent units across its global portfolio of container terminals in the first quarter of 2021, with gross container volumes increasing by 10.2% year on year on a reported basis and up 9.6% on a like for like basis. The first quarter witnesse....

Global  maritime Hub Published 3y-3w-1d-13h-22m ago

Container Prices Surge In China And India

The container shortages that have been adding to logistics logjams in Asia and beyond are showing few signs of being resolved, according to the latest data from Container xChange, the world’s leading online platform for the leasing and trading of shipping containers. In China, average prices for u....

Global  maritime Hub Published 3y-3w-1d-13h-39m ago

Bunker Prices Outlook, Week 16

During Week 16, MABUX World Bunker Index continued slight downward movement following general trends on global crude oil market. 380 HSFO index fell by 1.71 USD: from 420.45 USD/MT to 418.74 USD/MT, VLSFO Index decreased by 5.45 USD: from 512.44 USD/MT to 506.99 USD/MT, while MGO Index lost 3.98 USD....

Global  maritime Hub Published 3y-3w-1d-13h-51m ago

Bunker Prices Outlook, Week 15

MABUX World Bunker Index decreased during the week. The 380 HSFO index has decreased from 407.92 USD/MT to 420.77 USD/ MT +12.85 USD , VLSFO has added 15.16 USD: from 497.76 USD/MT up to 512.92 USD/MT. MGO LS increased by 12.34 USD from 572.70 USD/MT to 585.04 USD/MT. The Global Scrubber Spread SS....

Global  maritime Hub Published 3y-4w-1d-10h-51m ago

Multiple alliance services switch to Port of Charleston’s new terminal

The Port of Charleston’s Hugh K. Leatherman Terminal is expected to receive its first vessel this Friday, with multiple services making the shift to the new container terminal this month. The South Carolina Ports Authority provided the estimated time of arrivals for the first vessel of each servic....

Global  maritime Hub Published 3y-4w-1d-13h-48m ago

Record month for Port of Los Angeles

The Port of Los Angeles processed 957,599 TEUs in March, a 113% leap compared to March 2020 when global trade slowed to a crawl at the outset of the COVID 19 pandemic. It was the strongest March in the Port’s 114 year history, its busiest first quarter and by far the largest monthly year over year....

Global  maritime Hub Published 3y-4w-1d-14h-1m ago

Capacity surges on Southeast Asia to U.S. trade

The Southeast Asia to U.S. trade has seen a sharp uptick in container capacity as consumer goods demand across the nation remains strong. U.S. goods shipments from Vietnam, the leading country in Southeast Asia the U.S. imports goods from, have been surging in recent years thanks to cheaper labor in....

Global  maritime Hub Published 3y-1mo-6d-12h-37m ago

Rising costs and less capacity: Shipping’s extraordinary global predicament

The vessels delayed by the Ever Given incident are on the move but problems aren’t over. Ocean freight has already been disrupted by the pandemic, leading to spiking container tariffs and 7 out of 10 vessels arriving late. The Suez incident will keep the market off balance for longer, fuelling ong....

Global  maritime Hub Published 3y-1mo-6d-13h-31m ago

Bunker Prices Outlook, Week 14

MABUX World Bunker Index has shown downward changes during the week. The 380 HSFO index has decreased from 414.21 USD/MT to 409.56 USD/ MT 4.65 USD , VLSFO has lost 3.02 USD: from 500.59 USD/MT down to 497.57 USD/MT. MGO LS decreased by 0.72 USD from 572.99 USD/MT to 572.27 USD/MT. The Global Scru....

Global  maritime Hub Published 3y-1mo-6d-16h-59m ago

World’s first hydrogen cargo vessel set for Paris debut

The European innovation project Flagships will deploy the world amp 8217 s first commercial cargo transport vessel operating on hydrogen, plying the river Seine in Paris. Commercial operations are set to commence in 2021. The hydrogen cargo transport vessel will be owned by French inland shipowner ....

Global  maritime Hub Published 3y-1mo-1w-7h-38m ago

Ever Given leaves supply chain disruption in its wake

With the Suez Canal open again, a stretched world trade system can’t catch up overnight, increasing the disruption to supply chains. The blockage is over, but the damage is done The six day long period of traffic being completely stopped in both directions along the Suez Canal has delayed some 16 ....

Global  maritime Hub Published 3y-1mo-1w-6d-13h-26m ago

The Port of NY and NJ has Strongest February on Record

After starting the year with the highest January on record for volume, the Port of New York and New Jersey continued the record breaking trend into February with a 7.9 percent increase in overall cargo activity over February 2020. Total volume for February was 625,120 TEUs 347,635 lifts versus 579....

Global  maritime Hub Published 3y-1mo-1w-6d-16h-55m ago

Shipping networks revisions delayed until May or later

April is traditionally the month that the three mega alliances implement changes in their East West networks. Due to port congestion and a shortage of ships, the situation looks very different this year. The Alliance has formally announced that part of the reorganization of the North Europe – US ....

Global  maritime Hub Published 3y-1mo-1w-6d-17h-23m ago

Bunker Prices Outlook, Week 13

MABUX World Bunker Index has shown irregular changes during the week. The 380 HSFO index has increased from 408.36 USD/MT to 414.48 USD/ MT +6.12 USD , VLSFO has lost 5.08 USD: from 505.14 USD/MT to 500.06 USD/MT. MGO LS decreased by 8.54 USD from 581.39 USD/MT to 572.85 USD/MT. The Global Scrubber....

Global  maritime Hub Published 3y-1mo-1w-6d-18h-54m ago

Massive box ship order wave in Q4 and Q1

Following years of restraint, the last two quarters have seen a massive wave of fresh container ship newbuilding orders, especially for ultra large vessels. High freight rates and the shipping lines’ strong financial results have finally renewed confidence in the carriers’ ability to generate mo....

Global  maritime Hub Published 3y-1mo-2w-8h-30m ago

Bunker Prices Outlook, Week 12

In the first quarter 2021, demonstrated firm upward evolution: the growth of MABUX HSFO 380 Global Index averaged plus 59.94 USD/MT, MABUX VLSFO Global Index amp 8211 plus 67.80 USD/MT and MABUX MGO Global Index amp 8211 plus 84.50 USD / MT. Global MABUX SS spread the difference in price betw....

Global  maritime Hub Published 3y-1mo-2w-6d-12h-6m ago

Container shortages ease at Chinese box hubs

After months of crippling shortages, container availability is finally improving again in China, according to Container xChange amp 8217 s Container Availability Index CAx . The CAx reading of incoming containers across Chinese main ports is currently up 56% compared to before the Chinese New Year....

Global  maritime Hub Published 3y-1mo-2w-6d-14h-57m ago

The blocked Suez Canal: another setback for supply chains

The Suez Canal has been blocked by a large container ship, but last year amp 8217 s drop in world trade volumes is still the bigger problem for supply chains. With supply chains already under pressure, a large container ship has now literally blocked one of world trade’s major routes. Shipping ca....

Global  maritime Hub Published 3y-1mo-3w-8h-37m ago

2M Alliance sets sights on schedule reliability

2M Alliance members Maersk Line and Mediterranean Shipping Co. MSC have unveiled several measures recently to improve schedule reliability, which has deteriorated across the liner shipping industry in general due to congestion at many ports around the globe. Measures Maersk and MSC are taking to b....

Global  maritime Hub Published 3y-1mo-3w-5d-14h-13m ago

World trade forecast: path to recovery will be uneven

After a surprisingly quick world trade recovery, container shortages and new trade barriers are likely to dampen the potential for world trade growth over the course of the year. Nevertheless, we expect 6% growth in 2021 Escaping lightly During the pandemic, world trade has benefited from global rec....

Global  maritime Hub Published 3y-1mo-3w-5d-15h ago

Container ships: COVID-19 vs. 2008 financial crisis

Containership operators have emerged much stronger from the COVID 19 pandemic than the 2008 financial crisis due to a mix of generous government aid, buoyant volumes, carrier discipline, and a modest orderbook. Despite a steep –3.5% decline in world GDP last year, the global throughput of containe....

Global  maritime Hub Published 3y-1mo-3w-6d-14h-18m ago

Bunker Prices Outlook, Week 11

MABUX World Bunker Index has shown irregular changes during the week. The 380 HSFO index has declined from 431.14 USD/MT to 428.88 USD/ MT 2.26 USD , VLSFO has lost 2.80 USD: from 535.43 USD/MT to 532.63 USD/MT. MGO LS increased by 3.10 USD 601.79 USD/MT to 604.89 USD/MT. The Global Scrubber Sprea....

Global  maritime Hub Published 3y-1mo-3w-6d-16h-41m ago

Retail Imports Expected to Grow Dramatically During First Half of 2021

WASHINGTON – Imports at the nation’s largest retail container ports are expected to grow dramatically during the first half of 2021 as increased vaccination and continued in store safety measures enable additional shopping options, according to the monthly Global Port Tracker report released tod....

Global  maritime Hub Published 3y-1mo-4w-9h-5m ago

SoCal port congestion’s domino effect

Particularly pronounced congestion at the ports of Los Angeles and Long Beach has been negatively impacting other ports along the U.S. West Coast, although there has been some silver lining for these other ports. Although the ongoing robust container import volumes are causing delays along the U.S. ....

Global  maritime Hub Published 3y-1mo-4w-16h-57m ago

Bunker Prices Outlook, Week 10

MABUX World Bunker Index is back to firm uptrend after a slight decline a week earlier. The 380 HSFO Index has risen by 18.35 USD: from 411.95 USD/MT to 430.30 USD/MT. VLSFO Index has increased by 17.45 USD: from 516.90 USD/MT to 534.35 USD/MT, while MGO Index also has added 18.58 USD from 582.23 US....

Global  maritime Hub Published 3y-2mo-3d-11h-19m ago

UK ports suffering post-Brexit container logjams

UK terminals are struggling to clear an excess of containers according to Container xChange amp 8217 s Container Availability Index CAx Post Brexit trade disruption and ongoing congestion are causing critical build ups of containers at UK ports, according to the latest data from Container xChange....

Global  maritime Hub Published 3y-2mo-3d-16h-35m ago

Container detention rules: no solid pattern

Tightening detention rules would incentivise cargo owners to return their equipment faster, in turn helping resolving equipment shortages. Unfortunately, shipping lines do not provide consistent data on detention charges across the industry, and in some cases the data is very country and carrier spe....

Global  maritime Hub Published 3y-2mo-3d-18h-8m ago

Port of Long Beach had its busiest February on record

An unseasonable surge in cargo lifted the Port of Long Beach to its busiest February on record. Dockworkers and terminal operators moved 771,735 twenty foot equivalent units in February, a 43.3% uptick from the same month last year and marking the largest year over year increase for a single month i....

Global  maritime Hub Published 3y-2mo-3d-18h-13m ago

Bunker Prices Outlook, Week 09

The main driver for bunker prices this week is the decision of OPEC+ alliance according further oil production cuts. MABUX World Bunker Index has shown firm downtrend during the week. The 380 HSFO index has declined from 418.58 USD/MT to 411.01 USD/ MT 7.57 USD , VLSFO has lost 11.82 USD: from 527....

Global  maritime Hub Published 3y-2mo-1w-11h-15m ago

Uptick in blank sailings on Transatlantic

Over the past few months, we have been heavily focused on the Transpacific and Asia Europe trades, and with good reason, given the size and current market dynamics on those trades. In issue 503 of the Sunday Spotlight, we shifted our focus a bit and looked at blank sailings on the Transatlantic trad....

Global  maritime Hub Published 3y-2mo-1w-3d-17h-59m ago

Strong points on the Asia to South America trade

Container capacity from Asia to South America has steadily increased over the years. From Asia to the East Coast of South America ECSA , weekly allocated TEUs rose 30% between the February reporting periods in 2017 and 2021 as Brazil, South America’s largest economy, was rebounding from its reces....

Global  maritime Hub Published 3y-2mo-1w-5d-17h-50m ago

Bunker Prices Weekly Outlook, Week 08

Bunker prices weekly outlook: oil prices spiked to 13 month highs after the Texas Freeze, which knocked out as much as 4 million bpd of U.S. oil production and 6 million bpd of refining capacity. The production outages have created a tighter supply situation that has been absent for most of the pand....

Global  maritime Hub Published 3y-2mo-2w-3d-11h-33m ago

Shanghai shows a positive container availability trend

The Container Availability Index CAx crunches data together from all around the globe to allow companies to monitor the overall equipment situation. Companies can then find out whether shipping costs are in fact increasing or decreasing to make more informed decisions when it comes to leasing and ....

Global  maritime Hub Published 3y-2mo-2w-3d-18h-12m ago

China Ports Occupy 5 of Top 6 Positions

China’s leading ports tightened their grip at the head of the global rankings in 2020, with the country’s ports now occupying five of the top six positions. With booming Transpacific trade volumes, Qingdao moved up to sixth place during the year. While number one Shanghai pulled further ahead of....

Global  maritime Hub Published 3y-2mo-2w-6d-5h-46m ago

Transpacific contract rates expected to rise as demand remains strong

Demand on the Asia to U.S. West Coast trade is showing no sign of letting up at a time when shippers are now having to worry about renegotiating their annual contracts. Spot rates from Asia to the U.S. West Coast continue to climb, with Drewry’s World Container Index showing a reading of $4,348 pe....

Global  maritime Hub Published 3y-2mo-2w-6d-6h-6m ago

Zero emissions shipping: Maersk accelerates

Maersk has accelerated its decarbonization drive by announcing it will operate the world’s first carbon neutral liner by 2023, 7 years ahead of schedule Really great news for a hard to abate sector! . Maersk is also making a commitment for future newbuilds! From a press release: “All future Mae....

Global  maritime Hub Published 3y-2mo-3w-3d-12h-1m ago

Bunker Fuel Outlook – Week 07

Global oil and fuel prices are picking up as demand returns to pre pandemic levels amid easing coronavirus lockdowns in key countries like China and India and signs of increasing road travel in several countries. MABUX World Bunker Index has shown firm uptrend during the week. The 380 HSFO index has....

Global  maritime Hub Published 3y-2mo-3w-3d-12h-13m ago

Zooming in on North Europe port congestion

Container carriers are slated to cancel sailings on several major services that call North Europe, largely as a result of congestion, while ports and terminals in the region are taking measures to ease supply chain bottlenecks. The 2M Alliance for instance has announced several missed sailings from ....

Global  maritime Hub Published 3y-3mo-2d-6h-22m ago

Maersk ends year with record Q4 results

2020 has been another year of solid progress for A.P. Moller amp 8211 Maersk, both in terms of financial performance and in transforming the company. Despite low volumes during most of 2020, profitability grew throughout the first nine months and ended the year with record Q4 results in Logistics....

Global  maritime Hub Published 3y-3mo-3d-12h-34m ago

Bunker Fuel Weekly Outlook, Week 06

The firm upward trend on global bunker market continues. As a result, MABUX World Bunker Index has been rising during the week. The 380 HSFO index has risen from 376.32 USD/MT to 387.67 USD/ MT +11.35 USD , VLSFO has added 22.10 USD: from 476.90 USD/MT to 499.00 USD/MT while MGO has gained 19.86 US....

Global  maritime Hub Published 3y-3mo-3d-13h-19m ago

Ports infrastructure investment opportunities

It is easy for government contractors to overlook opportunities related to ports in the United States. That should not happen though because ports throughout the country have seen a surge in imports over the last several years, and many of them – undaunted by the pandemic – are launching project....

Global  maritime Hub Published 3y-3mo-5d-7h-5m ago

Port Congestion and Vessel Delays Worldwide

The liner shipping industry is facing unforeseen heavy port congestion amp 38 vessel delays worldwide. The situation is adding to the severe lack of tonnage forcing carriers to blank sailings from China just at the time when these sailings could be generating record revenues. The twin US ports of....

Global  maritime Hub Published 3y-3mo-6d-14h-43m ago

Bunker Weekly Outlook, Week 5

MABUX World Bunker Index demonstrated firm upward evolution over a week following the rise on oil prices globally. The 380 HSFO index rose from 365.37 USD/MT to 376.15 USD/ MT +10.78 USD , VLSFO added 15.56 USD: from 460.94 USD/MT to 476.50 USD/MT while MGO gained 12.79 USD and rose from 516.85 USD....

Global  maritime Hub Published 3y-3mo-1w-3d-13h-55m ago

Asia to Europe trade to experience numerous blanked sailings in coming weeks

The Asia to Europe trade including the Mediterranean is expected to experience many blanked sailings in the coming weeks, despite demand holding strong. Drewry’s World Container Index WCI shows that as of Thursday, spot container rates from Shanghai to Rotterdam stood at $8,740 per FEU, up 322....

Global  maritime Hub Published 3y-3mo-1w-3d-16h-9m ago

Shipping carrier ordering activity

Post COVID 19, the major carriers are using the revenue generated from the booming container freight market to pay off debt and improve capital structures. No major acquisitions have been carried out to date, with M amp 38 A activity mainly taking place in the logistics segment. Although newbuildin....

Global  maritime Hub Published 3y-3mo-1w-3d-16h-18m ago

Box drought adds to supply chain chaos on the US West Coast – latest Container xChange data

Already under pressure from Covid 19 outbreaks, congestion and labour supply issues, the Port of Los Angeles is also now suffering box shortages, according to the Container Availability Index CAx Container xChange amp 8211 February 2, 2021 After struggling to cope with excess containers for muc....

Global  maritime Hub Published 3y-3mo-1w-3d-16h-22m ago

Bunker Weekly Outlook – week 4

The World Bunker Index MABUX was steady over a week with no real firm trend. The 380 HSFO index rose slightly from 365.63 USD/MT to 365.92 USD/ MT +0.29 USD , VLSFO added only 1.43 USD: from 460.00 USD/MT to 461.43 USD/MT while MGO gained 2.59 USD and changed from 515.42 USD/MT up to 518.01 USD/MT.....

Global  maritime Hub Published 3y-3mo-2w-3d-11h-14m ago

Port Tracker: 2020 retail imports may break record despite pandemic

Imports seen during 2020 appear to be headed toward a new record despite the coronavirus pandemic, and remain at high levels as 2021 begins, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Nobody would have thought last ....

Global  maritime Hub Published 3y-3mo-2w-3d-16h-20m ago

End to Equipment Shortage in Sight

Chinese New Year amp 8211 End to Equipment Shortage in Sight After a bumpy 2020, an end to the equipment shortage is in sight. A positive trend of the Container Availability Index, with values of 0.34 for 20DCs and 0.37 for 40DCS, could make Chinese New Year the turning point. Container xChange ....

Global  maritime Hub Published 3y-3mo-2w-4d-13h-7m ago

Container port throughput index contracted by 2.4% in November

Drewry’s container port throughput index contracted by 2.4% 3.4 points to 136.1 points in November 2020, a milder seasonal contraction compared to recent years. The index was more than 6 points 4.7% higher than in November 2019, driven by strong growth in China and North America. After reachin....

Global  maritime Hub Published 3y-3mo-2w-5d-18h-17m ago

Congestion causes containerships to anchor outside SoCal port

Congestion causes containerships to anchor outside SoCal ports Port congestion remains a lingering issue for the ports of Los Angeles and Long Beach as imports from Asia continue to remain strong. Looking at just a snapshot of the port congestion in the San Pedro Bay area, between 8:00 a.m. 12:00 p.....

Global  maritime Hub Published 3y-3mo-3w-2d-13h-4m ago

Port of Singapore holds strong despite COVID-19

The port managed to handle 36.9 million TEUs in 2020, down only 0.9% from the 37.2 million TEUs it handled in 2019, the Maritime and Port Authority of Singapore MPA Singapore revealed this week. Although the port’s overall cargo throughput in terms of tonnage dropped 5.8% year over year to 590.3....

Global  maritime Hub Published 3y-3mo-3w-3d-12h-39m ago

Global Bunker Fuel Report – Week 3

The COVID 19 pandemic’s spread is taking center stage again and markets are getting increasingly worried about the long duration of European lockdown and about the new restrictions in China. Border closures, social distancing measures and shutdowns will continue to constrain fuel demand until vacc....

Global  maritime Hub Published 3y-3mo-3w-3d-13h-14m ago

Shortage of VLCCs

Liner operators are finding it increasingly hard to change or enhance services due to a lack of Very Large Container Ships. The huge cargo demand in China requiring extra sailings and port congestion have rendered smooth cascadings of vessels impossible. The few blank sailings that have recently b....

Global  maritime Hub Published 3y-3mo-3w-4d-10h-26m ago

Container availability slowly getting better in Shanghai

Let’s start with the bad news first: Container availability was at record lows at the end of December 2020 in Shanghai basically across China . With a minus of 50% compared to the same period in 2019, availability for 4ßDCS was only at 0.13 indicating a strong deficit. For 40HCs it was similar w....

Global  maritime Hub Published 3y-3mo-3w-4d-10h-31m ago

Port of Long Beach: trade up by 22.6%

Essential workers at the Port of Long Beach moved more than 8.1 million cargo container units in 2020, setting a record in the face of economic uncertainty due to the COVID 19 pandemic and the ongoing trade war with China. The Port ended 2020, its busiest year on record, with 8,113,315 twenty foot e....

Global  maritime Hub Published 3y-3mo-3w-6d-16h-28m ago

Global bunker fuel report – week 2

During the first two weeks of 2021, world bunker indices continued their moderate upward trend. Meantime, the most critical unknowns for the bunker market are still the coronavirus pandemic, the rate and effectiveness of vaccinations that have begun around the world, and how quickly this process wil....

Global  maritime Hub Published 3y-4mo-12h-16m ago

Shipping Exchange stands at all-time high

The first Shanghai Containerized Freight Index SCFI published this year by the Shanghai Shipping Exchange stands at 2,870.34 points which is another all time high. Spot rates are expected to continue their rise in the coming weeks as carriers continue to struggle with a shortage of ships and 40’....

Global  maritime Hub Published 3y-4mo-15h-39m ago

Container Availability Index – week 2

Container equipment availability is very low across Asian main ports – and also below last year’s levels. An index of 0.5 describes a balanced market, below 0.5 a shortage of containers. Chart: Example Container Availability Index CAx for 40HC in Shanghai 2020 vs. 2019 Historically equipment....

Global  maritime Hub Published 3y-4mo-15h-47m ago

A.P. Moller Maersk increases sustainable rail transport alternatives

Maersk has extended its sustainability support of German rail customers with a new CapO2 free intermodal transports solution, which is now available on 85% of its German inland rail services. This local and cost neutral solution reduces CO emissions to zero and saves around 9.100 tons of CO annual....

Global  maritime Hub Published 3y-4mo-1d-17h-53m ago

Global Bunker Fuel Outlook, week 01

Global Bunker Market faced some historically significant challenges last year, it started with IMO2020, the greatest change in fuel regulation in this century, with lot of expectations and contradictory predictions. However, the appearance of the so called “Joker factor” amp 8211 COVID 19 am....

Global  maritime Hub Published 3y-4mo-1w-8h-47m ago

Multipurpose Time Charter Index increases

The Drewry Multipurpose Time Charter Index increased to $6,289 per day in December, representing a rise of 3.5% compared to the previous month. Over the year to December Drewry’s index is down 3.3%. Drewry expects the index to rise a further 1.4% in January to reach $6,375 per day. Rates rose in a....

Global  maritime Hub Published 3y-4mo-1w-12h-51m ago

World Container Index – 07 Jan

Drewry’s composite World Container index increased 19.8% to $5,220.99 per 40ft container updated Thursday, 7 January 2021 . The chart shows a two year spot freight rate trend for the World Container Index Follow on Twitter: The post World Container Index 07 Jan first appeared on Global Maritime....

Global  maritime Hub Published 3y-4mo-1w-17h-45m ago

Global container fleet up 2.9% in 2020

The global container fleet grew 2.9% in 2020, the lowest rate since 2016, further helping carriers in what was a tumultuous year. Teu capacity reached 23.9 Mteu as of 1 January 2021, compared with 23.2 Mteu a year earlier. The capacity increase falls below predictions made at the start of the year ....

Global  maritime Hub Published 3y-4mo-1w-1d-9h-13m ago

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