Shipping Forecasts

Thursday, 30 November 2023

Latest News for: Shipping forecasts

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BIMCO Outlook on Containers: Supply to outpace demand in both 2024 and 2025

SAFETY4SEA 30 Nov 2023

According to BIMCO’s chief shipping analyst, Niels Rasmussen, they forecast that global container volumes will grow between 0% and 1% in 2023, and between 3% and 4% in both 2024 and 2025 ... Our forecast for fleet growth in 2023 has been adjusted downwards as it appears that more ...

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NorthStandard offers insurance against adverse weather

SAFETY4SEA 29 Nov 2023

Despite significant improvements in forecasting capabilities, weather continues to play a crucial role in ship strandings, as well as causing disruptions in voyage planning and necessitating route diversions ... said Tim Huxley, CEO of Mandarin Shipping and chair of the committee.

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China renews blue alert for gales

China.dot.org 29 Nov 2023

Thursday, strong winds are forecast to hit some areas in the Xinjiang Uygur Autonomous Region, Xizang Autonomous Region, Gansu Province, Inner Mongolia Autonomous Region, Hebei Province and Jilin Province, according to the National Meteorological Center.

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Canada's Enbridge forecasts higher 2024 earnings, raises dividend

Reuters 29 Nov 2023

The upbeat forecast from Enbridge, which operates the Mainline oil pipeline system that ships the bulk of Canada's crude exports to the U.S., follows peer TC Energy (TRP.TO) estimating higher adjusted core earnings for 2024 on Tuesday ... The company forecast adjusted core ...

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Next year’s freight rate expectations have sunk well below the waterline

Fresh Plaza 28 Nov 2023

Such is the volatility in the market Q4 forecasts are often broad, unfocused affairs, with Maersk, for example, predicting anything from a US$970 million loss to a US$530 million gain ... In ZIM's case, that has meant ordering bigger more efficient ships, but demand is forecast, by most observers, to stay at around half of capacity growth until 2027.

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Seaborne reefer trade to contract for the second consecutive year

Fresh Plaza 28 Nov 2023

A convergence of factors, ranging from climate impacts on key fruit crops, to weak Chinese demand and geopolitical tensions, have dampened the short-term outlook, with total seaborne reefer cargoes for 2023 forecast to decline -0.5% YoY, according to Drewry’s Reefer Shipping Forecaster report published recently.

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Mathew Horne: I fell asleep during Interstellar

The Times/The Sunday Times 28 Nov 2023

The Gavin and Stacey star lets us into his cultural life, from his lifelong love of Charlie and the Chocolate Factory to the hours he spends listening to the shipping forecast. My favourite author or book ... Sponsored ... Related articles ... .

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Green for go: Clarksons forecasts ‘another positive year’ for tankers in 2025

Tradewinds 28 Nov 2023

... key market indicators, particularly for crude ships.

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Climate crises drove 27 mn children into hunger in 2022: charity

Messenger-Inquirer 28 Nov 2023

Extreme weather events in countries vulnerable to climate change drove more than 27 million children into hunger last year, Save the Children said on Tuesday ... More from this section. Analysis. Taiwan's Vice Presidential Candidate Picks - TaiwanPlus News. Minnesota weather forecast ... Kayaking Protesters Block Australian Shipping Route - TaiwanPlus News ... .

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Sinking led to better forecasts

Arkansas Democrat-Gazette 27 Nov 2023

DETROIT -- The 1975 sinking of the Edmund Fitzgerald not only inspired an iconic ballad by Canadian singer Gordon Lightfoot, it also led to the advancement of Great Lakes weather monitoring and forecasting that has helped ships navigate storms ever since.

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How the Edmund Fitzgerald's sinking inspired advances in storm navigation

Grand Forks Herald 26 Nov 2023

DETROIT — The sinking of the Edmund Fitzgerald not only inspired an iconic ballad from Canadian crooner Gordon Lightfoot, it also led to the advancement of Great Lakes weather monitoring and forecasting that has helped ships navigate storms ever since ... Meteorologists had forecast ...

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How Edmund Fitzgerald's sinking inspired advances in storm navigation

Hastings Tribune 26 Nov 2023

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How Edmund Fitzgerald’s sinking inspired advances in storm navigation

Stars and Stripes 26 Nov 2023

DETROIT (Tribune News Service) — The sinking of the Edmund Fitzgerald not only inspired an iconic ballad from Canadian crooner Gordon Lightfoot, it also led to the advancement of Great Lakes weather monitoring and forecasting that has helped ships navigate storms ever since.

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1st LD Writethru: Cargo ship sinks off Greek island, 13 missing

Xinhua 26 Nov 2023

26 (Xinhua) -- Thirteen crew members aboard a cargo vessel are missing after the ship sank off the Aegean Sea island of Lesvos on Sunday ... Early Sunday morning, the captain of the cargo ship reported a mechanical failure to the authorities ... The ship was carrying salt from Egypt to Istanbul, Turkey.

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P&O cruise rejected at New Zealand border leaves passengers fuming

NewstalkZB 25 Nov 2023

Thousands of Aussie travellers excited for a two week cruise around New Zealand have been left gutted after their itinerary was flipped and the ship was rejected by border control ... New Zealand’s strict border control stopped the ship from entering the country’s waters because the hull had not been cleaned beforehand.