Chart of the Week: Dirty Tankers - Red Sea
This week’s chart highlights a notable decline in the quarterly vessel count for dirty tanker transits through the Red Sea, underscoring growing concerns over the region’s shipping activity. The 7-day Moving Average (left chart) shows a clear downward trajectory in the vessel count throughout the year compared to the previous year’s daily transits for key dirty tanker categories such as Very Large Crude Carriers (VLCCs), Suezmax, and Aframax tankers. Notably, there has been a significant 26% annual decrease in vessel transits.
The Maritime Exchange for the Delaware River and Bay congratulates the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX) on reaching a tentative agreement that allows the East…
View ArticleCMA CGM informs its customers that effective November 1st, 2024, a RATE RESTORATION INITIATIVE (RRI) will apply as follows:
View ArticleIndustry updates and weekly newsletter direct to your inbox!