Dry bulk carriers have been in high demand, with more deals being reported on a weekly basis. In its latest report, shipbroker Banchero Costa said that “a decent volume of activity was concluded last week, mostly for Dry Bulkers with deals reported for…
Dry Bulkers in High Demand Read More »
Data from the ICS Barometer Report 2023-2024 – launched today – has demonstrated the positive impact that improved clarity from governmental bodies such as the International Maritime Organization (IMO) have had on the sector. The comprehens…
Maritime leaders’ confidence on the rise amidst increased geopolitical risk Read More »
The global shipping industry must take steps to improve working conditions across seven key areas and urgently improve seafarer well-being, make life at sea safe and inclusive, and future-proof against the changing needs of the maritime labour market t…
Libya’s oil production is once again affected by local turmoil. In its latest weekly report, shipbroker Intermodal said that “Libya’s oil production, crucial to both its economy and global energy markets, was severely disrupted last week. The cou…
Tanker Market: Will Unrest in Libya Have a Larger Impact on Rates? Read More »
The global container shipping industry continues to witness an increase in freight demand for US bound shipments as 59% of supply chain professionals surveyed in August 2024 respond in affirmation, while 30% of respondents indicated they have not obser…
Steady demand for US-bound shipments keeps container prices from crashing Read More »