Capesize The capesize market started the week with a cautiously optimistic tone despite sluggish overall activity. Weather disruptions in China and a gradual start in the Atlantic were notable factors. By midweek there was a significant boost to market…
Dry Bulk Market: Capesize Market Slowing Down as China’s Lunar New Year Holiday Underway Read More »
The Red Sea shipping crisis — a result of Houthi rebel attacks on cargo ships and tankers — is causing hundreds of vessels to avoid the Suez Canal, one of the world’s most important waterways. Instead, these vessels are being forced to reroute around s…
What are the impacts of the Red Sea shipping crisis? Read More »
In the second week of February, the sentiment surrounding crude oil freight rates remained unstable. VLCC MEG-China rates showed signs of gathering strength, indicating a firmer momentum. Conversely, in the clean segment, LR2 MEG-Japan rates displayed …
In January 2024, the FBX container futures market was subject to geopolitical events, volatile indices, and forward curve movements, dramatically shifting the landscape for traders and hedgers. The month unfolded against a backdrop of heightened politi…
FBX Index February 2024: Looking forward Read More »
The second week of February began with a rebound in the Baltic Capesize Index, surpassing the 2,000 points mark, one of the highest points seen in the last two weeks. Meanwhile, smaller vessel size categories continued to trend downward. It remains to …