International Shipping News

Carrier reliance on leased container fleet to support higher per diems and cash returns

A downturn in trade and mass disposal of surplus equipment will lead to a 2% contraction in the global container equipment pool in 2023. But a recovery thereafter will drive expansion of the fleet with most of this investment coming from lessors, raisi…

Carrier reliance on leased container fleet to support higher per diems and cash returns Read More »

Dry Bulk Market: Capesize Iron Ore Flows From Australia to the Far East a Mixed Bag

In early August, Atlantic Capesize freight rates posted significant increases on both a weekly and monthly basis, driving the Baltic C5TC (Timecharter Average $/d) to a weekly increase of 32%. Capesize route C8 (Transatlantic Round Gibraltar/Hamburg $/…

Dry Bulk Market: Capesize Iron Ore Flows From Australia to the Far East a Mixed Bag Read More »