China’s reopening after the Lunar New Year celebrations, is expected to offer a boost in the freight rate market. In its latest weekly report, shipbroker Xclusiv Shipbrokers said that “as the Lunar New Year was celebrated in China, the dry bulk and tan…
China Return to Action Could Trigger a Freight Market Rebound Read More »
Accelerating digital development and evolving expectations are driving rapidly rising demand for maritime connectivity, presenting both challenges and opportunities for the global shipping industry. The shipping industry needs to take a strategic appro…
Soaring Data Demand Calls For Advanced Connectivity Solutions Read More »
The FBX Global index was stable to start the year, ticking up 2% to $2,214/FEU in January, as slowing declines on the Transpacific coincided with some rebound in Asia – N. Europe rates. This rate is 77% lower than a year ago, but still 38% higher…
FBX Index January 2023: Market Summary Read More »
Ship owners have returned to shipyards for new orders, as evidenced by the volume of ordering activity reported. In its latest weekly report, shipbroker Allied Shipbroking said that “this week saw continued interest in PCTC vessels, with four new order…
Newbuilding Ordering Activity Picks Up Read More »
After a volatile 2022, leading shipbroker Simpson Spence Young (SSY) looks at the next 11 months and highlights areas of particular interest in their 2023 Outlook Report. Contributions come from a range of senior research and broking experts and cover:…
2023 Market Outlook from SSY Sees Return to Growth for Dry Bulk Market Read More »