The maritime industry as of June 21, 2024: Rising Container Rates: Container shipping rates continue to rise, with Asia-Europe routes leading the increase. Congestion in Asia is expected to contribute further to the rising rates, impacting global shipping costs (Seatrade Maritime). Houthis’ Escalating Attacks: The Houthis have confirmed boarding the M/V Tutor and are threatening […]
Maritime day by day June 21, 2024 Read More »
The maritime industry as of June 20, 2024: Political: Geopolitical Risks: Increased geopolitical tensions are impacting shipping investments, particularly in regions like the Red Sea, where ongoing conflicts are affecting shipping routes and safety (Seatrade Maritime)(Podcast). Environmental Initiatives: Mitsubishi Shipbuilding has announced plans to construct Japan’s first methanol-fueled roll-on/roll-off (ro-ro) ships, highlighting a significant step
Maritime day by day June 20, 2024 Read More »