In the final days of February, the VLCC MEG-China route attracted market attention as rates appeared to peak suddenly in mid-February before subsequently retracting to weaker levels. It remains uncertain whether the month’s end will bring about a…
Suezmax dirty tonne days from AG to Med/UK Continent Read More »
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistical challenges started to emerge. Two years after the start of the war in Ukraine, sanctions on Russia are …
Russian coal shipments fall 14% as sanctions bite Read More »
Shipbrokers’ reports this week have been flooded with more deals in both the newbuilding and S&P markets. In its latest weekly report, shipbroker Allied Shipbroking said that “this week brings fewer fresh orders than we have seen recently but still…
Deals for Newbuildings and Second Hand Vessels Picking Up Read More »
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large vessel size categories where rates remained close to the highs reached in the third week, notably on the Cap…
Australian coal flows to Asia hover above last year’s volume tonnes Read More »
Growth in the global pool of shipping containers is picking up pace on rising trade prospects and slowing box productivity, as disruption in the Red Sea and Panama Canal lengthen voyage transit times, according to the latest analysis from Drewry’s rece…
Global container equipment fleet growth picks up pace Read More »