Full year 2022 data points for the international shipping industry have been released by Clarksons Research. Reviewing the data, Steve Gordon, Managing Director of Clarksons Research commented: The ClarkSea, our overall day rate charter index covering …
ClarkSea Index: Record Annual Average For 2022 Read More »
While multipurpose vessel (MPV) rates are expected to soften through 2023, the rate of decline is expected to be less than in competing sectors such as containerships and handysize dry bulk carriers, according to the latest forecasts from Drewry’s Mult…
Multipurpose shipping to outgun competing sectors Read More »
Capesize The decline in the first week of the year appeared to be no surprise to the market due to the lackluster activity and seasonal headwinds since the holiday season. The average rate of the Capesize 5 timecharter (5TC) routes had its sharpest fal…
Dry Bulk Market: 2023 Starts With Sharp Declines Across the Board Read More »
Climate change and energy uncertainty in the face of political conflict have brought new urgency to the energy transition, and nations around the world are accelerating the planning and construction of onshore and offshore wind farms to replace fossil …
New DNV Deck Carrier notation supports emerging ship type Read More »
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 »