Densay broadens footprint in big bulkers with capesize buy
Kassian Maritime and Zodiac Maritime believed to be among this week’s capesize sellers
Densay broadens footprint in big bulkers with capesize buy Read More »
November 2023
Carnival agrees potential four-year LNG bunkering deal for latest newbuilding
Cruise giant describes LNG as the best available market-ready fuel to help cut greenhouse gas emissions now
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LNG Newbuildings Dominate a Lackluster Market
Newbuilding activity has “died” down this past week, apart from LNG contracting. In its latest weekly report, shipbroker Allied Shipbroking said that “LNG carrier contracting had a big week, with an order for two carriers coming to light from Celsius T…
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Black Sea dry bulk exports up 13% y/y as Russian wheat exports rise
Between January and October, dry bulk exports out of the Black Sea increased by 13% y/y, driven by Russian wheat exports. After two strong consecutive wheat harvests in Russia, the country’s exports are now on track to reach a new record in 2023. Howev…
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Container Rates: Upturn in the ocean freight shipping market proves to be a false dawn
Any hopes of a revival in long-term ocean freight shipping rates were short-lived after the latest data from Oslo’s Xeneta indicated the market is once again in decline. In September, the Xeneta Shipping Index (XSI®), which tracks real-time rates devel…
Container Rates: Upturn in the ocean freight shipping market proves to be a false dawn Read More »