In the first of a series of blogs looking at maritime digitalisation as an enabler of sustainable and profitable performance, Mark Warner identifies the pivot points required for digital maturity for companies across the maritime supply chain. Having s…
How digital transformation is re-shaping the global shipping business Read More »
The first month of 2022 saw increasing rate levels as was basically expected. The overall FBX index increased 7% from January 7 to January 28 and at a trade lane level we saw Asia-North Europe go up by 5% and the Transpacific into US West Coast up by 1…
FBX Index: What will be the new reality? Read More »
A surge in European LNG imports and feeble Asian LNG demand led to increased vessel supply in the West of Suez, curbing LNG shipping rates. In January 2021, vessel rates reached a high of $350,000pd along with the surge in LNG spot prices. However, LNG…
Gas starved Europe deflates LNG shipping rates Read More »
The world fleet of LNG carriers is expanding fast. A record 85 newbuilding contracts agreed at substantially higher prices in 2021 will boost today’s 610 deep sea trade LNG ships and we expect another year of record contracting in 2022. Ten more LNG ca…
LNG fleet seriously exposed to CII impact Read More »
Rates from North Europe to the US East Coast have increased dramatically over the past year, similar to any other main trade lane. With disruptions hitting container shipping globally, the non-major trade lanes have also experienced reverse cascading &…