Ten trade organisations, representing the owners and forwarders of cargo, port terminal operators and other parts of the supply chain dependent on container shipping, are demanding an immediate start to the review of European Union’s Consortia Block Ex…
Capesize A mixed week for the Capesize sector, but it ended on a positive note. The timecharter average of the five routes rose above the $20,000 level and closed at $22,362 on Friday. Activity was largely seen from the Pacific, including coal from Ind…
Dry Bulk Market: Capesizes End Week on a Positive Note Read More »
Speaking at a recent joint Baltic Exchange and Institute of Chartered Shipbrokers webinar, Martin Crawford-Brunt, CEO of Lookout Maritime and decarbonisation lead at the Baltic Exchange, took the opportunity to share details of a Baltic project that ai…
Carbon calculations set benchmark Read More »
The latest data from Xeneta shows a huge jump in the cost of long-term ocean freight rates into Australasia, with all main routes more than twice as expensive as this time last year. Meanwhile, increases since July 2019 threaten to “rewrite industry re…
Between 1996 and 2021, the lowest half-yearly tanker contracting volume was 3.0m DWT, recorded in the first half of 1999. Despite improved freight rates and a more positive market outlook, the first six months of 2022 ended with barely more than half t…
Tanker contracting only 1.6m DWT in first half of 2022: lowest half year on record Read More »