This week’s chart illustrates the increase in the monthly volume of Brazilian iron ore during the second quarter of this year (left chart), alongside the growth in Capesize tonne days from Brazil to China since the end of May. While this growth i…
Iron Ore Flows & Capesize Tonne Days Read More »
Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion. The 15.94m TEU (20-foot equivalent container) transported by ocean in May beats the previous record of 15.72 TEU set in…
Record-breaking demand for ocean container shipping adds to perfect storm in market Read More »
With container market spot prices jumping on the back of a pre-tariff cargo surge, the compounding impact of slower sailing speeds, rising port congestion in Asia and persistent risks with transit through the Red Sea, container FFA prices have leapt ah…
FBX Index July 2024: Looking forward Read More »
Following the surge in VLAC ordering during 2023-24, the trend seems to be shifting to the relatively small MGCs, as 20 orders were placed in 1H24. With the rising interest of shipowners, we believe 2024 will be a historic high for MGC orders. As per D…
MGCs retain their status as ‘true workhorses’ due to high yields and increased orders Read More »
The shipping industry is in the throes of significant change, driven by global events, supply chain disruptions, and an evolving market dynamic. In the midst of this transformation, Chinese and Japanese leasing companies have emerged as major players i…
Reshaping the ship finance landscape Read More »