Container rates fall despite strike threat
In the US, the dockworkers’ union, the ILA, aims to go on strike on October 1, while the employer group, the US Maritime Alliance, reaffirmed its willingness to negotiate on pay and conditions. Meanwhile, US retailers remain in scramble mode, rushing to fill inventory in anticipation of a supply crunch in October. The effect on […]
Analyst Abstract
Dry Bulk Dry bulk rates appear to be far less volatile this year. Mapping this more calm market, Greece’s Ursa Shipbrokers carried the chart below in a report entitled ‘Volatility Hits the Snooze Button’ which shows how for all sectors price swings have been relatively limited this year. Take capesizes for instance. C5TC volatility has […]
Bulker values show signs of decline
This week, two 2013-Chinese-built panamax bulkers were sold for approximately $18m each. This marks a 10% drop compared to similar vessels sold in August, which Greek broker Xclusiv suggested indicates a shift in market sentiment. “Buyers are becoming more cautious and are negotiating for lower prices,” Xclusiv argued in a report published on Tuesday. Bulker […]
Maritime CEO Forum: Dry bulk prospects for 2025 and beyond
Dry bulk took the stage as the closing session of this week’s Maritime CEO Forum at the Fullerton Hotel in Singapore. The four panellists revealed mixed levels of enthusiasm for 2025 but an overall positive outlook regarding the upcoming year with a possibility of a few ‘pink flamingos’ in the air to make a quick […]
How to Motivate Customers to Refer Your Business without Feeling Pushy
Have you ever wondered how some businesses effortlessly generate a steady stream of new customers without resorting to aggressive sales tactics? The secret often lies in leveraging the power of referrals. When executed correctly, a referral program can become a powerful driver of growth, transforming satisfied customers into enthusiastic advocates who naturally bring new clients […]
Magaya Corporation announces Omniboom takeover
Magaya Corporation has announced the acquisition of Omniboom, a top Integration Platform as a Service (IPaaS) provider. This acquisition aims to enhance the capabilities of businesses to thrive in the global e-commerce landscape by streamlining the integration of various applications and systems, thus improving data flow and operational efficiency. Omniboom will join Magaya in their […]
Top 2 Best Literature Review Writing Services: An In-Depth Comparison
Everyone says a literature review is hard to do, but what does that hard involve? Let’s take a closer look at some of the difficulties a student may face and why most of them tend to opt in favor of the best literature review writing services: Finding relevant and up-to-date sources. Sifting through vast amounts […]
Supply Chain Management Technologies You Need to Know More About
Supply chain management has always been one of the key challenges for businesses. Now, with huge competition and globalization, companies that can deliver faster, more transparent, and cheaper are winning and gaining more and more niche space. Enterprises are constantly testing new technologies, turning to experts, and asking them to create specialized programs or offer […]
How to Start a Career in the Container Shipping Industry as a Student
The container shipping industry has grown immensely in the era of globalization, and new opportunities are available for students in different capacities. The opportunities vary and require different skills and expertise, so picking what suits you is easy. It’s like hiring a writer at GradeMiners writing service; there are plenty of writers with different areas […]
Port of Long Beach achieves significant emission reduction amid rising cargo volumes
The Port of Long Beach (POLB) continues its campaign to tackle air pollution related to cargo operations, with emissions down across the board in 2023 as activity returned to pre-pandemic levels, according to the latest audit of emissions from port operations. The Port’s annual emissions inventory report found that since 2005, diesel particulates are down […]