A new set of market fundamentals is set to have an impact on the product tanker market’s future course. In its latest weekly report, shipbroker Gibson said that “the long-awaited change in the product tanker market due to the 650kbd Dangote refinery st…
Changing Tides Ahead for the Product Tanker Market Read More »
The newest global Container Port Performance Index (CPPI) reveals that East and Southeast Asian ports excelled in 2023, accounting for 13 of the top 20 places. Developed by the World Bank and S&P Global Market Intelligence, the fourth edition of CP…
Capesize The week concluded on a quiet yet optimistic note, with the BCI 5TC experiencing a slight increase of $178, reaching $24,867. Cargo volumes have remained stable in the Pacific, where trading activity gradually increased, culminating in a signi…
Dry Bulk Market: Capesize Segment Slightly Higher Read More »
The container market has heated up considerably over the past few weeks. In its latest weekly report, shipbroker Intermodal said that “just a few weeks ago, the container shipping market seemed relatively balanced, with freight rates declining after th…
Container Market Goes on a Run: Volatility Expected to Persist Moving Forward Read More »
The 28th edition of the biennial Posidonia Exhibition came to an end today proving once again that it is the most sought-after event to conduct business and set the policy agenda for an industry that controls over 80% of the world trade and is projecte…