Sea-Intelligence reports no sign of sudden US spending boom
The US consumer spending data released by the US Bureau of Economic Analysis (BEA) shows that there has not been...
Euroseas reports strong first half results
Euroseas reported total revenues of US$105.4 million in the first half of the year, representing a 17.6% increase year-on-year.
Ulsan Port Authority and Hyundai Oil Terminal sign US$17.6 million investment deal
On 1 August, the Ulsan Port Authority (UPA) signed a US$17.6 million equity investment agreement with Hyundai Oil Terminal Corporation.
Monthly import cargo at US ports continues peak season surge
Monthly inbound cargo volume at the US major container ports could see a near-record surge this month as retailers...
Maersk applies PSS from North Europe to West Coast South America, Caribbean and Central America
Maersk is introducing a PSS from North European Countries to West Coast South America, Caribbean & Central America destinations.
Lack of Tonnage Plaguing the Ship Recycling Market
The lack of tonnage persisted in the ship recycling markets this past week. In its latest weekly report, Best Oasis...
Container ship fleet expands by 11%, fastest growth in 15 years
Since the beginning of the year, the capacity of the container ship fleet has increased by 1.6m TEU. Compared to...
Global coal demand is set to remain broadly flat through 2025
Global coal demand is set to remain broadly unchanged in both 2024 and 2025 as surging electricity demand in some...
Shipbuilders Reopen or Expand to Meet Growing Demand
More and more shipyards are coming back online, or are expanding their existing facilities, in order to cope with growing...
A rapidly growing China-owned fleet
Cargo-carrying capacity in the China-owned fleet of merchant ships – bulk carriers, tankers, container ships, gas carriers and other ship...
