The big news for all of those following the container freight futures market is that cleared container freight futures will be listed on CME from 28 February 2022. This will enable companies, to hedge the extraordinarily volatile container freight rate…
FBX Index January: Looking forward Read More »
The 2022 edition of the Leading Maritime Cities (LMC) report was launched today at an event hosted by the Singapore Maritime Foundation (SMF), providing fresh insights into which global hubs offer the best infrastructure, technology, finance, and world…
The new year has not brought much more relief to the container shipping market, especially on the main fronthaul trades. Pre-Chinese New Year demand and continued congestion keep spot rates elevated, while carriers’ upper hand in the ongoing negotiatio…
Xeneta: Front- and Backhaul Spot Rates Continue To Diverge Read More »
The swift reintroduction of international travel bans to stem the spread of the Omicron variant of COVID-19 has derailed the already faltering turnaround in rates and earnings for the global tanker market. In November it looked like a cold winter and r…
Tanker market sails into 2022 headwinds Read More »
A.P. Moller – Maersk (Maersk) announces new aspiring emissions targets expected to align the company with the Net Zero criteria of the Science Based Targets initiative (SBTi) pathway to limit global warming to 1.5°C. They include a societal commi…