The Freightos Baltic Global Index was stable in February, increasing just 1% to $9,838/FEU, 128% higher than a year ago and more than six times the pre-pandemic norm. Although the war in Ukraine is expected to affect ocean freight and rates, those effe…
FBX Index in February Was 128% Higher Than a Year Ago Read More »
The ongoing Russia-Ukraine war has led financial investors to scramble for safer assets. Global indices have declined , while commodity indices have increased with surging commodity prices (especially, crude oil, LNG and grains). More specifically, S&#…
How are bulk shipping equities being impacted by the Russia-Ukraine conflict? Read More »
Christian Roeloffs, co-founder and CEO, Container xChange, commented: “I would like to express my horror at the events of the last week and my deepest sympathy for all the Ukrainian families who through no fault of their own have been dragged into this…
The container logistics implications of war in Ukraine Read More »
Demand for Clean Tankers has shifted up another gear, as the Ukraine crisis intensifies. As Russian troops amassed at the border with Eastern Ukraine last month and hostilities commenced on February 26th, the MR Atlantic Basket (an average of freight r…
Diesel Vacuum in Crisis: Struck Europe Sucks In MRs Read More »
Though much uncertainty remains, the immediate commodity price increases and supply challenges caused by Russia’s invasion of Ukraine are likely to be felt throughout 2022. Also, recently implemented sanctions on Russia are not likely to be lifted any …
War in Ukraine will hurt growth in all shipping segments Read More »