Capesize bulker rates drop by a third while Asia celebrates Chinese New Year
Market for smaller bulkers moved sideways over past seven days
Capesize bulker rates drop by a third while Asia celebrates Chinese New Year Read More »
January 2023
Product tankers continue rate slide in spite of increased activity
Plenty of red in the market as the vessels continue their slow start to 2023
Product tankers continue rate slide in spite of increased activity Read More »
Baltic Dry Index Records Fourth Consecutive Weekly Drop
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, marked its fourth consecutive weekly fall on Friday as capesize demand remained numb.The overall index, which factors in rates for capesize…
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Ship Traffic Resume at Turkey’s Dardanelles Strait After Brief Suspension
Ship traffic at Turkey’s Dardanelles Strait is set to resume after a brief suspension due to a vessel’s engine failure, the Tribeca Shipping Agency said on Friday.Northbound traffic will resume at 1500 GMT and southbound traffic will resume at 1545 GMT…
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