With container market spot prices jumping on the back of a pre-tariff cargo surge, the compounding impact of slower sailing speeds, rising port congestion in Asia and persistent risks with transit through the Red Sea, container FFA prices have leapt ah…
FBX Index July 2024: Looking forward Read More »
Despite rising prices, the global newbuilding orderbook has kept growing. In a recent weekly analysis, shipbroker Xclusiv said that “despite increasing prices, the orderbook for the four main vessel categories (bulk carriers, tankers, containers & …
Global Newbuilding Orderbook Keeps Growing Read More »
Following the surge in VLAC ordering during 2023-24, the trend seems to be shifting to the relatively small MGCs, as 20 orders were placed in 1H24. With the rising interest of shipowners, we believe 2024 will be a historic high for MGC orders. As per D…
MGCs retain their status as ‘true workhorses’ due to high yields and increased orders Read More »
The shipping industry is in the throes of significant change, driven by global events, supply chain disruptions, and an evolving market dynamic. In the midst of this transformation, Chinese and Japanese leasing companies have emerged as major players i…
Reshaping the ship finance landscape Read More »
The Capesize market has benefited from the resumption of Australian coal exports to China after a period of tension between the two countries. In a recent weekly report, shipbroker Banchero Costa said that “global coal trade has really picked up pace i…
Dry Bulk Market: Australian-China Trade Route Recovering Read More »