Capesize The decline in the first week of the year appeared to be no surprise to the market due to the lackluster activity and seasonal headwinds since the holiday season. The average rate of the Capesize 5 timecharter (5TC) routes had its sharpest fal…
Dry Bulk Market: 2023 Starts With Sharp Declines Across the Board Read More »
Climate change and energy uncertainty in the face of political conflict have brought new urgency to the energy transition, and nations around the world are accelerating the planning and construction of onshore and offshore wind farms to replace fossil …
New DNV Deck Carrier notation supports emerging ship type Read More »
2023 has began with most experts expecting a mixed bag for the various shipping segments. In its latest report, shipbroker Intermodal said that “the United Nations Conference on Trade and Development (UNCTAD) published a Global Trade Update on December…
Will 2023 be the “Mixed Bag” Everyone’s Expecting For Shipping? Read More »
We gave carriers too much credit by thinking they would proactively manage capacity. A deep-seated instinct to preserve volumes has kicked in, leaving carriers without control of the market, says Drewry in its latest Container Forecaster report. Up unt…
Drewry Container Forecaster: Old habits die hard Read More »
Xeneta team wishes you a very happy new year! Before we dive into current market developments in 2023, this week’s blog looks back at the spot and long-term rates development on the three biggest fronthaul and backhaul trade lanes. The three larg…
Xeneta: Spot and long-term rates development on major trade lanes Read More »