As November starts, there is uncertainty about how dry bulk freight rates will perform in the future. Optimism in earlier days has faded due to recent weekly declines, and the market’s strength in the final quarter of the year is now in question….
Increase in the percentage share of Supramax vessel size for October Read More »
South Korean Orderbook Analysis To mark the start of the KOBC and Marine Money conferences in South Korea, we take a look at the South Korean orderbook, using VesselsValue data. The infographic analyses the breakdown of vessels on order in South Korea,…
Majority of vessels on order in South Korea are being fitted with dual fuel engines Read More »
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…
LNG Newbuildings Dominate a Lackluster Market Read More »
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…
Black Sea dry bulk exports up 13% y/y as Russian wheat exports rise Read More »
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 »