Samudera bides its time on newbuildings while adding vessels on charter
Indonesian shipowner says strategy buys it time for yard prices to become more affordable
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April 2022
Norwegian Cruise Line chases net-zero emissions status
Cruise major is striving to accomplish that goal by 2050 while hitting short-term decarbonisation targets
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Tanker Market Affected By Geopolitican Tensions
Tanker markets are being broadly impacted by uncertainties related to geopolitical developments. Aframax and Suezmax freight rates, the main vessels used to transport Black Sea flows, have been particularly affected, OPEC said in its latest monthly rep…
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Port Congestion – A Q1 review of the number of Dry Bulk Vessels
The first quarter of the year comes with an overall upward trend in the number of vessels in waiting and operating status at worldwide ports. Although the last year seemed to be the year of record-high levels, we have seen even stronger figures each mo…
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Long-term container rates plummet on key US to Far East routes
April has delivered a shock to the system for long-term ocean freight rates from the US to the Far East, with significant falls on both East Coast and West Coast routes. The surprise development, revealed by Oslo-based Xeneta’s weekly market update, sh…
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