World News
Container Industry Sees Some Blank Sailings Reinstated
There are early signs of some demand returning for container shipping, according to consultancy Sea-Intelligence, with some previously blanked sailings now being reinstated.
"The total number of blank sailings has plateaued for a few weeks now, with carriers seemingly satisfied with their current blank sailing announcements," the company said in an emailed statement Monday.
"In the past week however, a few sailings have been re-instated as carriers see sufficient demand to warrant "un-blanking" these sailings."
The change is still "very small" at this stage, the company said, but further out in the year there are currently "no material blank sailings" for the third quarter of this year.
Meanwhile the average size of boxship being used on the Asia-North Europe route has increased to 17,000 TEU by the end of the second quarter from 16,000 TEU at the time of the Lunar New Year holidays, Sea-Intelligence said.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 565.50 | 4.50 | 678.50 | 4.50 |
| Rotterdam | 512.00 | 3.50 | 676.00 | 9.00 |
| Houston | 552.00 | 3.00 | 682.00 | 4.00 |
| Fujairah | 555.50 | 7.50 | 753.00 | 1.50 |
| Global 20 Ports Average | 583.50 | 4.00 | 762.50 | 2.50 |
| Global 4 Ports Average | 546.50 | 4.50 | 697.50 | 2.50 |
| Global Average Bunker Price | 632.50 | 2.00 | 811.00 | 1.50 |
Popular Now More
-
Nov 21CCO Christoffer Berg Lassen is stepping down from the company to be replaced by Anders Grønborg, while Peder Møller becomes its first chief operating officer. -
Nov 20The ISO 6853:2024 specifications, the first of their kind, cover the general requirements and properties for methanol specifically being used as marine fuel. -
Nov 21CTI-Maritec reports on undeclared quantities of cashew nut shell liquid found in VLSFO samples from Rotterdam and Singapore.