Capesize The Capesize market inched higher this week as increased activity continues to lift expectations with the 5TC closing at $19,874, up 3,660 over the week. The Atlantic remains the more optimistic region. However, closing the week it looks like …
Dry Bulk Market: Capesizes Edge Higher This Week Read More »
The carrier industry is now entering a period of managed decline; capacity management will be key to deciding how much of the super-cycle gains the carriers hold on to, says Drewry in its latest Container Forecaster report. Carriers didn’t really have …
Drewry: Managing the decline Read More »
More tankers have been sold in 2022 than any previous year, and there are nearly three months to go
Tanker prices push to new 13-year high as sales volume hits annual record Read More »
Imports at the United States’ major container ports are expected to fall to their lowest level in nearly two years by the end of 2022 even though retail sales continue to grow, according to the monthly Global Port Tracker report released today…
US Imports Headed to Lowest Level Since Early 2021 Read More »
The tanker market is about to enter a new era of increased volatility to go hand-in-hand with the changes in the crude oil market as well. In its latest weekly report, shipbroker Intermodal said that “amid the looming western sanctions on Russia, the c…
Current Geopolitical tensions To Shape the Tanker Market for Years to Come Read More »