Contracting of bulk carriers spiked in 2021 and reached 48.4 million DWT, driven by a positive congestion driven cycle which brought an opportunity for investment. However, in the first ten months of 2022 only 11.7 million DWT were contracted as concer…
Bulk carrier deliveries could hit 19-year low in 2024, boosting contracting Read More »
The collapse in spot rates on fronthaul trades has caught the headlines, but shippers on certain backhaul trades have seen equally large drops, with some trades having seen spot rates fall for much longer than on the fronthaul and have fallen below rat…
Backhaul Spot Rates Sink Below January 2020 Levels Read More »
Of the ships carrying Iranian oil, most have some likelihood of switching over to Russian trades
Just how many tankers could be pulled into sanctioned Russian trades? Read More »
Of the ships carrying Iranian oil, most have some likelihood of switching over to Russian trades
Better equity trading is helping to drive deals even as broader market slumps, says Evercore expert
Shipping outperforming broader M&A market as owners chase deals Read More »