We gave carriers too much credit by thinking they would proactively manage capacity. A deep-seated instinct to preserve volumes has kicked in, leaving carriers without control of the market, says Drewry in its latest Container Forecaster report. Up unt…
Drewry Container Forecaster: Old habits die hard Read More »
Xeneta team wishes you a very happy new year! Before we dive into current market developments in 2023, this week’s blog looks back at the spot and long-term rates development on the three biggest fronthaul and backhaul trade lanes. The three larg…
Xeneta: Spot and long-term rates development on major trade lanes Read More »
The bad news for liner operators appears to have no end. In a normal year, the weeks leading up to Chinese New Year (CNY) bring an increase in volumes and freight rates. So far, however, the lead-up to CNY in 2023 has been the worst in 13 years. Spot r…
Chinese export container rates drop 27% as usual Lunar New Year cargo rush fails Read More »
Maritime is at the center of global trade and many sectors rely upon the industry for safe transportation of critical goods. For instance food imports and building supplies. Despite this criticality, maritime infrastructure remains vulnerable and large…
Vessel Vulnerabilities: Why Attackers Increasingly Target Maritime Read More »
Since the end of 2020, Scorpio Bulkers has been gradually disposing of its dry bulk vessels. In the world of entertainment, this would have been classed an extreme makeover. Why did your company reinvent itself as Eneti? There were several factors that…
From coal to renewables – lessons to learn from a total transformation Read More »