FEL

10/01/2024

News we found:

A number of sources in the Middle East confirm to ShippingWatch that the first shipping lines have made agreements with the Houthis to prevent their ships from being attacked in the Red Sea. Updated

04/01/2024

Watch IMO Secretary-General Arsenio Dominguez address the United Nations Security Council on Red Sea attacks on merchant shipping:

Security Council Briefing by Mr. Arsenio Dominguez, Secretary-General, International Maritime Organization (IMO), on the continuing attacks by Houthi rebels ...

24/12/2023

23/12/2023

Sad news to global again: with Oil prices hike trade will stop again which causes less money circulation will increase inflation more than IMF earlier projections.

https://abcnews.go.com/Business/attacks-freight-ships-red-sea-increase-inflation/story?id=105867797 #:~:text=The%20crisis%20in%20the%20Red,Suez%20Canal%2C%20some%20experts%20said.

Price hikes could accelerate for electronics, furniture and other goods.

18/12/2023

https://www.reuters.com/world/maersk-pause-all-container-shipments-through-red-sea-2023-12-15/

Danish shipping company A.P. Moller-Maersk will pause all container shipments through the Red Sea until further notice, a spokesperson for the company told Reuters on Friday.

12/11/2023

Good news for imports and exporters:

After the pandemic boom led to massive profits, weak demand and shipping overcapacity have sunk prices. That won't end in 2024, new CNBC survey data says.

29/10/2023

Logistics in the Pandemic of 2023: Challenges and Opportunities

24/10/2023

Growth vs. stability: Is it time to rethink your approach?

“When you see fleets double in size in a very short period of time, typically they haven’t grown on the inside as well as the outside, and that’s a very dangerous combination,” Reliance Partners’ Brian Runnels said.

14/10/2023

With better turnaround on vessels, freight rates are reduced.



Article about US demand:

Peak season demand propelled imports higher in September, although softening spot rates point to a fourth-quarter slowdown.

04/10/2023

Future of shipping promising with green methanol but still not promising as production of green methanol currently involves significant investment in technology and infrastructure,

Egypt and Maersk's C2X signed a new framework agreement worth up to $3 billion for the production of green fuel and its derivatives in the Suez Canal economic zone, according to a statement released on Wednesday.