Handling diverted Baltimore container cargo as well as the anticipated market growth in 2024 may prove challenging for US East Coast ports, many of which are already at reasonably high utilisation levels. On March 26th 2024 at 1:28am the MV Dali, a 10,…
As March draws to a close, the crude freight market is witnessing a softening momentum in VLCC MEG-China rates, juxtaposed with continued weekly growth in demand tonne days. Notably, the Aframax cross Mediterranean rates have rebounded, spurred by an a…
Aframax Dirty Tonne Days Cross Med Read More »
Clarkson Research’s six monthly outlook for the global shipping markets, Shipping Review & Outlook, has today been released and is available on Shipping Intelligence Network. Summarising the review, Steve Gordon, Managing Director of Clarksons Rese…
ClarkSea Index moves 35% above trend Read More »
China reduced its intake of Russian coal during the first quarter of the year, while Australia saw a surge in its export volume compared to the previous year’s lows, particularly noticeable in the January to March period. In the closing days of M…
The re-routing of mainline vessels via the Cape of Good Hope has resulted in a steep downturn in vessel call capacity across East and Central Mediterranean hub ports, but West Mediterranean ports have shown more resilience. With no resolution to the se…
East Mediterranean hubs suffer as Red Sea crisis persists Read More »