Container freight has had a turbulent month, with the market starting to lose and gain in direct reaction to trade-lane specific congestion and a general ‘maxing out’ of global ocean-going capacity colliding with fluctuating demand. Asia to the US rema…
FBX Index: Looking forward Read More »
Container freight has had a turbulent month, with the market starting to lose and gain in direct reaction to trade-lane specific congestion and a general ‘maxing out’ of global ocean-going capacity colliding with fluctuating demand. Asia to the US rema…
FBX Index: Looking forward Read More »
The tanker market could find support from the potential return to the market of Iran, Venezuela and of course shale oil in the US. In its latest weekly report, shipbroker Gibson said that “despite recent cold weather in Texas disrupting oil and gas pro…
A Glimmer of Hope for Tankers? Read More »
Capesize The market took on a mild downward slide during this week with the 5TC opening at $14,224 to close out at $11,934. The Pacific basin on its own showed a little more stability, remaining largely flat on the transpacific C10 and ending the week …
Dry Bulk Market: Capesizes Experience Mild Downward Slide This Week Read More »
It was a clear February night off the port of Jebel Ali, UAE in 2015. The conditions were benign, and visibility was good. EVER SMART, a large container ship owned by Evergreen and insured by Gard, was proceeding up a narrow channel which connects the …
Evergreen wins landmark collision case in UK’s Supreme Court Read More »