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Maritime News
Maritime Crime and Piracy at Lowest Level in 30 Years
In the first nine months of 2024, reported incidents of piracy and armed robbery fell to the lowest levels…
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Maritime News
Industry Shocks Have Driven Ship Recycling to 20-Year Lows Says BIMCO
Analysts have been predicting that the pace of ship recycling would be increasing as the industry begins to deal with…
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Marine World
Ship Recycling Plunges to Lowest Level in Decades
Ship recycling has plummeted to its lowest point in two decades as ships are kept in operation longer due to…
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Maritime News
Red Sea Problems Drive Schedule Reliability to Lowest Level in 15 Months
Red Sea diversions and the disruptions to carriers’ routes are taking a significant toll on schedule reliability which is…
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Marine World
Suez Canal Transits Fall to Lowest Level Since Ever Given Grounding
By Brendan Murray (Bloomberg) — Commercial ship transits through the Suez Canal dropped to the lowest level since the Ever Given…
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Port News
Orderbook to fleet ratio now at its lowest point since the fall of the Berlin Wall
The global orderbook for all sectors as a percentage of the fleet ratio is now at its lowest point since…
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Marine World
BP Books Tanker for Storage at Lowest Rate This Year
By Florence Tan and Roslan Khasawneh SINGAPORE, Sept 10 (Reuters) – Oil major BP has provisionally chartered a supertanker to…
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Maritime News
BP Charters Supertanker to Store Oil Off Malaysia at “Lowest Rate Yet”
Oil major BP has provisionally chartered a supertanker to store crude oil off Malaysia at this year’s lowest rate yet,…
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Maritime News
Winter Sea Ice in Bering Sea Reached Lowest Levels in Millennia
The Bering Sea ice cover during the winters of 2018 and 2019 hit new lows not seen in thousands of…
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Marine World
Winter Sea Ice in Bering Sea Reached Lowest Levels in Millennia, Study Shows
By Matthew Green LONDON, Sept 2 (Reuters) – The Bering Sea ice cover during the winters of 2018 and 2019…
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