In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE) continued to grow amid declining demand. As depicted in the accompanying image, the growth outlook for …
In response to the escalating Red Sea crisis, Container xChange, leading online container logistics platform, has released a comprehensive report detailing the far-reaching effects on container trading and leasing rates worldwide. The report explores t…
Container Rates Surge Amid the Red Sea Crisis Read More »
“China’s property market is estimated to account for approximately 35% of the country’s steel demand. It is an important driver for economic growth and raw materials like iron ore, coking coal, wood, and cement. Overall, the Chinese economy is a signif…
Dry bulk watches Evergrande liquidation after 16.5% drop in real estate investment Read More »
The maritime industry is standing at the brink of a transformative era—one defined by a commitment to environmental consciousness and sustainability. Within this shifting landscape, innovations such as those in Exhaust Gas Cleaning Systems (EGCS), alka…
ICS: Navigating the seas of environmental transformation Read More »
The Red Sea crisis has seen ocean freight rates increase faster than the early months of the Covid-19 pandemic as swathes of shippers are told some of their contracts will not be honored. Xeneta, the leading ocean freight rate benchmarking and intellig…