Throughout the last week of September, freight rates maintaining the strength observed in previous days. It appears that the third quarter will conclude with higher freight rates than those witnessed in the preceding two months. Notable increases were …
A safety report from DNV and Lloyd’s List Intelligence finds incidents are rising and looks at the possible safety challenges of decarbonization and digitalization. The focus on establishing strong safety cultures for maritime is needed to navigate the…
The crucial role of safety culture in maritime decarbonization and digitalization Read More »
Container rates for U.S. imports have normalized. Rates for America’s exports have not. Both spot and contract rates for U.S. exports are still up double digits from pre-COVID levels. And rates are not the biggest cost issue exporters face, according t…
For exporters, container shipping still far from pre-COVID ‘normal’ Read More »
Capesizes The Pacific market started with a positive outlook, maintaining healthy cargo volumes driven by substantial coal shipments from East Coast Australia to the Far East. Rates initially increased, but as the week progressed, a notable shift occur…
Dry Bulk Market: Capesizes on the Up Read More »
The Panama Canal, a key player in global shipping, faces a dire crisis due to an unprecedented drought, casting shadows over trade dynamics and supply chains. The Panama Canal, an 80-kilometre-long, man-made waterway connecting the Atlantic with Pacifi…
Panama drought and its impact on bulk shipping Read More »