The shipping industry appears to be weathering the current “storm” of events, from the war in Ukraine, to the latest supply chain disruption in China. In its latest weekly report, shipbroker Intermodal commented that “just when we thought that the war …
Shipping Weathers the “Storm” That is 2022 Read More »
Looking back at the past five years in the oil and gas market and subsequently the offshore supply vessel (OSV) market, there have been distinct periods that have resulted in major shifts. 2017 to 2019 saw the industry climb out of the oil price crash …
The turbulent journey of the offshore supply vessel market Read More »
April saw the third consecutive monthly climb in long-term contracted ocean freight rates, with shipping costs rocketing by 11.1% globally to stand 109.9% up year-on-year. The data, revealed in the latest Xeneta Shipping Index (XSI®) Public Indices for…
The newbuilding market has been dominated by the container and LNG segments of late, but the dry bulk sector has also seen its fair share of action lately. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “in the dry market, cli…
Containers and LNG Tankers Ruling the Newbuilding Market Read More »
Strong rebound in container traffic pushes global ports far beyond pre-pandemic levels Container shipping has enjoyed a phase of strong demand. With the exception of Hamburg and Hong Kong, the 15 largest container ports in the world exceeded pre-pandem…
Container shipping: volume growth calms, tariffs remain strong Read More »