Containers are now moving in and out of China at record speeds as shippers desperately source capacity, but port congestion in Europe and the US continues to slow the return of boxes to Asia and is stymying the recovery of global ocean supply chains. A…
The Freightos Baltic Global index remained stable to end the year, increasing just 1% in December to $9,43/FEU, though rates are still 179% higher than a year ago and more than 6X the pre-pandemic norm. In this year’s version of the post-peak season an…
FBX Index December: Market Summary Read More »
Market summary The dry bulk and container market balance is expected to remain stable in 2022, while freight rates may face correction when vaccines reduce pandemic impacts. We believe the strength in global containerized trade has had a profound impac…
Shipping market outlook 2022 Container vs Dry bulk Read More »
During last year’s COP26 talks in Glasgow, a maritime-focused side event was held , entitled “Shaping the Future of Shipping.” While certain positives did come out of the gathering, it is difficult not to conclude that an opportunity was missed. On the…
How we can shape the future of shipping, today Read More »
Capesize The Capesize Baltic index returned from year-end holidays this week and immediately saw activity coming from the usual West Australia iron ore flow. Closing out 2021 at $19,176 the Cape 5TC ended its first week in 2022 at $20,167. Initial move…
Dry Bulk Market: Capesize Enters 2022 With Positive Momentum From the Iron Ore Market Read More »