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Allied Weekly Market Review Week 41
Pls find below the Allied - Weekly Market Review - Week 41 ALLIED - Weekly Market Report- Week 41
Global VLCC Spot Earnings rise to $805,000/Day
Clarksons Research, the data and analytics arm of the Clarksons Group, continue to track and monitor shipping activity and markets impacted by the Middle East conflict, with energy shipping markets…
IMO adopts frameworks to assess marine geoengineering research activities
New guidance will help governments evaluate marine geoengineering research proposals to ensure they are safe for the environment. The International Maritime Organization (IMO) has adopted new…
BIMCO adopts addendum to support investments in retrofit projects
The shipping industry is working to improve fuel efficiency and ship performance to address decarbonisation requirements, new regulations and rising operational costs. To support these developments,…
Seafarers’ voices must shape the future of mental health support at sea, says OneCare Group
The shipping industry must listen more closely to the lived experiences of seafarers if it is to build working environments that genuinely protect mental health and wellbeing, OneCare Group has…
Bangladesh’s Chittagong Port Authority and DP World sign 15 year concession for new Mooring Container Terminal
The Chittagong Port Authority and DP World have signed a 15-year concession agreement for the operation and maintenance of the New Mooring Container Terminal including Overflow Container Yard at…
ABP’s HELM Immingham opens for business
Associated British Ports marked the official opening of its HELM Immingham site, a 227-acre industrial and logistics development site. Seen as one of the most significant developments of its kind in…
Veson Nautical and Marcura expand partnership to Streamline Demurrage Management
Marcura Claims now integrates with IMOS, giving joint clients another way to manage demurrage. Global maritime technology leaders Veson Nautical and Marcura announced an expanded partnership that…
AD Ports Group successfully completes acquisition of Brazil’s CLI upon receiving full regulatory approvals
Acquisition expands AD Ports Group’s geographic footprint into South America and strengthens its agrifoods business vertical · AD Ports Group, through its international ports operating arm…
646 tonnes ‘Batavia’ orig. 1628 successfully moved ashore at Lelystad, NL, on a 56-axle line spmt
250-metre transport across a sea dike concludes 10 months of engineering; pontoon transport, spmt operation and jacking onto final foundation all successfully concluded
Rhine water levels fall to new record low, stalling fuel logistics
Water levels on the Rhine river slumped to fresh record lows for the second time in a week, Oct. 1, the German water authority reported, preventing fuel tanker deliveries from making their way…
NYK President addresses employees on the 141st anniversary of the company’s founding
On October 2, NYK President Takaya Soga addressed the company’s employees in celebration of the 141st anniversary of NYK’s founding. His remarks are excerpted below. Today, I am very pleased to…
Sarjak Container Lines opens Ahmedabad Office to strengthen its Western India operations
Sarjak Container Lines, part of the Saksham Group of Companies, has expanded its presence in Gujarat with the opening of a new office in Ahmedabad, which will lead SCL’s Western Region covering…
Poseidon Principles expands associate membership to marine insurance sector
The Poseidon Principles, an initiative whose signatories represent nearly three-quarters of global shipping finance, recently expanded its associate membership to include marine insurers. The…
Seafarer welfare policies must work beyond paper, OneCare Group webinar warns
Maritime companies must close the gap between seafarer welfare policies written ashore and the reality experienced by crews at sea if the industry is to turn policy into meaningful change, experts…
OBT expands into Mauritania as demand for shipping and project logistics continues to grow
Growing activity across Mauritania’s mining, energy, offshore, infrastructure, oil and gas, renewable energy and development sectors has prompted African shipping and logistics specialist OBT to…
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