Capesize Both the overall index and timecharter average (5TC) gradually recovered back to the level last seen at the end of October, with BCI and 5TC posting at 4594 and $38,096 by the end of the week. Tonnage appeared tight in both basins. In the Atla…
Dry Bulk Market: Capesize Class is Gradually Recovering Read More »
Reefer container freight rates are forecast to accelerate through 2022, outpacing earlier estimates as well as expectations for dry container freight rates, as reefer traffic recovers from a flat 2020 and container vessel slots remain scarce amid tight…
Reefer container freight rates to accelerate in 2022 Read More »
The emergence of yet another virus variant has trigerred a renewed wave of fear in the global market, oil included. In its latest weekly report, shipbroker Gibson said that “Europe is once again the centre of the Covid-19 pandemic with rising cases and…
Product Tanker Market Expected To Weather Short-Term Turbulence Read More »
During COP26 it was encouraging to see the maritime sector being included in the discussion between governments. International liner shipping companies, who for some time have been taking the lead when it comes to commitments as well as investments in …
Capesize The Capesize market was a mixed bag this week as routes ebbed and flowed giving little clear direction for traders. The market carried through positive sentiment from the prior week, yet was unable to sustain gains on the 5TC by midweek and bo…
Dry Bulk Market: Capesize a Mixed Bag This Week Read More »