Despite the war in Ukraine and COVID lockdowns in China, the Freightos Baltic Global index was largely stable in March, decreasing 4% to $9,443/FEU, still 116% higher than a year ago and more than 6X the pre-pandemic norm. The slight aggregate decline,…
FBX Index March: Market Summary Read More »
The container and LNG shipping segments continue to dominate newbuilding orders and filling up slots. In its latest weekly report, shipbroker Allied Shipbroking noted that “the sentiment of the newbuilding market continued to follow its upward trend wi…
Container and LNG Ships the “Pick of the Bunch” for Newbuilding Orders Read More »
As emissions regulatory and policy decisions continue to “ramp up” across maritime, Clarksons Research is closely tracking uptake of “green” technology that will impact the shipping industry’s 883mt (2008: 1,028mt) and 2.4% cont…
Record Share Of Newbuild Orders Alternative Fuelled: Green Technology Uptake Read More »
The range of spot rates being paid has increased alongside the fall of the average, as the highest spot rates have not fallen. The highest rate from the Far East to SAEC still stands at USD 14 350, while shippers paying the lowest rates are forking out…
The tanker market is in ever shifting waters, as the existing conditions are redrawing crude oil trade routes. North Sea oil production could return into play, while Urals exports are expected to move to the East. In its latest weekly report, shipbroke…
Tankers: European Oil Trade Routes Are Being Redrawn Read More »