The Red Sea, a vital artery for global trade, has long been fraught with dangers that pose significant risks to ships moving through its waters. Recent legal discussions surrounding incidents such as the attack on the Marlin Luanda and the UK Supreme C…
Past and present parallels to Red Sea risks Read More »
There are a lot of questions currently surrounding the potential growth of the Chinese economy and what a slowdown would mean for the dry bulk industry. In its latest weekly report, shipbroker Xclusiv Shipbrokers said that “China’s recent robust …
Dry Bulk Market: Are China’s Commodities Imports Sustainable? Read More »
In the third week of February, the VLCC MEG-China route garnered market interest, spurred by a recent upturn that reached highs not seen since the beginning of January. Conversely, the Suezmax Wafr to Continent route experienced a steady downward corre…
A combination of strong demand and carefully managed capacity is boosting spot rates on the Transpacific container trades, just in time for contract season. The Drewry World Container Index – a benchmark of spot rates on eight East-West container trade…
Transpacific: A carrier success story Read More »
After years of minimal ordering, tanker newbuilding contracting seems to be back on the agenda for many ship owners. At least this has been the case over the course of the past few months. In its latest weekly report, shipbroker Allied Shipbroking said…
Tanker Newbuilding Orders Keep Rising Read More »