Why is Somalia so angry about Ethiopia’s new Red Sea port deal?
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- Category: Mercados - Fletes- Cotizaciones
- Published on Sunday, 07 January 2024 06:41
- Written by Administrator2
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Al Jazeera
Ethiopia’s economy has struggled with no sea access, and an agreement to use a Somaliland port has upset its neighbour.
A ship is docked at Berbera, a port Somaliland has agreed to lease to Ethiopia [File: Feisal Omar/Reuters]
A deal under which Somaliland has agreed to lease a Red Sea naval port to Ethiopia has sparked anger in Somalia. Somaliland is a self-governing breakaway state that Somalia says is part of its own northern territory.
Mogadishu recalled its ambassador from Ethiopia on Tuesday to hold “deliberations” on the issue, stating that the port agreement signed a day earlier would increase tensions and endanger stability in the wider Horn of Africa region.
Clarksons: 2023 a positive year for shipping as China delivers 50% of shipbuilding output
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- Category: Mercados - Fletes- Cotizaciones
- Published on Friday, 05 January 2024 20:59
- Written by Administrator2
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OFFSHORE ENERGY
Seaborne trade has witnessed a notable uptick in 2023, registering a 3% increase to a $12.4 billion, according to data from Clarksons Research.
Courtesy of Capital Ship ManagementThe global maritime landscape further unveils a 3% growth in the world fleet, reaching an 2.3 billion deadweight tons (dwt). Despite this expansion, the newbuilding orderbook demonstrates a measured 3% year-on-year increase, standing at 126 million compensated gross tons (CGT).
With shipbuilding production experiencing a substantial 10% year-on-year boost, reaching 35 million CGT, a noteworthy milestone has been achieved: China now contributes to over 50% of the total output for the first time in history.
Amidst this thriving industry, significant regulatory changes aimed at curbing emissions have been
CONTAINERS: Supply and demand balance reversed
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- Category: Mercados - Fletes- Cotizaciones
- Published on Friday, 05 January 2024 20:56
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https://market-insights.upply.com/en/container-shipping-in-2023
The collapse of freight rates in the container shipping sector was confirmed in 2023. For the top ten container shipping companies, the impact has been greater than expected and has been felt more rapidly.
In 2023, the container shipping market was marked by the return of freight rates to pre-pandemic levels on most routes. The slump in rates at the start of the year has given way to a more gradual but ongoing decline.
Source: Upply
Supply and demand balance reversed
The slowdown in demand, aggravated by a still high but gradually declining inflation rate in Western countries, contributed to a reversal of the balance between supply and demand. Shipping companies with a strong presence on east-west routes suffered most proportionately from the turnaround
Las repercusiones de la agitación en el Mar Rojo aumentan a medida que los precios de las cajas aumentan un 60% en una semana
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- Category: Mercados - Fletes- Cotizaciones
- Published on Friday, 05 January 2024 02:00
- Written by Administrator2
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Maritime Executive
Los fletes al contado se están disparando debido al impacto de la situación en el Mar Rojo (foto de archivo)
Las tarifas de transporte al contado son el principal indicador de las crecientes repercusiones de las actuales perturbaciones en la industria naviera debido a los problemas de seguridad en el Mar Rojo. Dado que los ataques continúan, casi 20 grandes transportistas han informado que están desviando los buques, lo que aumenta el tiempo y los gastos de viaje, lo que rápidamente se refleja en el precio spot del envío, así como en la creciente preocupación por los impactos en las cadenas de suministro y la renovación de los puertos.