It is now hard to believe, but the beginning of 2022 offered hope… The world finally seemed to be emerging from the Covid-19 pandemic and the havoc it had wreaked on the global supply chain. The public and private sectors had mostly returned to “busine…
May saw the highest ever monthly increase in long-term contracted ocean freight rates, as the cost of locking in container shipments soared by 30.1%. The unprecedented hike, revealed in the latest Xeneta Shipping Index (XSI®) Public Indices for the con…
Xeneta: Shipping Costs Soar As Long-Term Rates Race 150% Up Year-On-Year Read More »
The ongoing sub-continent collapse in prices fully materialized this week, with all sectors talking down the market and refusing to offer anew on any fresh tonnage whilst they wait for markets to stabilize. As the Ukraine conflict endures, fundamentals…
Ship Recycle Market Continues Downward Trend Read More »
Measure of TCE rates continues to paint a grimmer picture of large tanker earnings than other indicators
Another all-time low: Baltic Exchange VLCC earnings plunge to record Read More »
Measure of time-charter equivalent rates continues to paint a grimmer picture of large tanker earnings than other indicators
Another all-time low: Baltic Exchange VLCC earnings plunge to new record Read More »