Investors have ordered a larger tonnage of new vessels at shipbuilding yards this year. But the newbuilding revival has not been evenly spread among ship types. Amid the imponderables of regulation and technology, what is shaping the trends and outlook…
An uneven revival in newbuilding orders Read More »
We are now in December and the tanker market remains surprisingly weak. At the time of writing, rates in the MR segment are around USD 8,000 per day – double the level earlier this autumn, certainly, but still some way below what an MR vessel req…
Concordia Maritime : The market – why not yet and why now… Read More »
Capesize Both the overall index and timecharter average (5TC) gradually recovered back to the level last seen at the end of October, with BCI and 5TC posting at 4594 and $38,096 by the end of the week. Tonnage appeared tight in both basins. In the Atla…
Dry Bulk Market: Capesize Class is Gradually Recovering Read More »
Reefer container freight rates are forecast to accelerate through 2022, outpacing earlier estimates as well as expectations for dry container freight rates, as reefer traffic recovers from a flat 2020 and container vessel slots remain scarce amid tight…
Reefer container freight rates to accelerate in 2022 Read More »
World leaders’ knee-jerk reactions to the Omicron variant are putting transport workers and the global supply chain at greater risk of collapse, warn international transport organisations and unions representing road, air and sea transport. Cross-borde…