Containerships are just about managing to maintain daily transit averages through the Panama Canal, while other sectors reroute. While most eyes are on the situation in the Red Sea and diversions from the Suez Canal, it is worth keeping an eye at happe…
Panama Canal: Containerships benefiting from other sectors’ exodus Read More »
Capesize The capesize market experienced a varied week with distinct developments in both the Pacific and Atlantic regions. At the start of the week, a lacklustre trend prevailed as the Pacific faced downward pressure, resulting in a 20-cent decline on…
Dry Bulk Market Manages to Halt Losing Streak Read More »
In recent days, discussions have intensified about the potential impact on the seaborne trade and ton-miles due to the evolving dynamics of market spot rates in various shipping segments. The recent attacks by the Houthi rebels in the Red Sea have alre…
The Red Sea Escalation Implications on Global Seaborne Trade Read More »
Suez Canal diversions will inflate container shipping costs for as long as the situation lasts, but trade always finds a way, even if it takes a bit longer than usual. Inevitably, public interest in the global supply chain increases whenever there is a…
Red Sea crisis diverts attention back to shipping Read More »
Escalating tensions in the Red Sea have far-reaching implications for global shipping and commodity markets. Risks posed to oil, LNG, metals, and agricultural markets include disruptions, longer shipping times, and increased costs. As the situation evo…
Repercussions of Red Sea hostilities Read More »