Long-term contracted ocean freight rates rocketed by a further 16.3% over the course of November, consolidating recent gains to leave container shipping costs up 121.2% year-on-year. The latest developments, revealed in the Xeneta Shipping Index (XSI®)…
MariTrace provides vessel tracking, security and market intelligence services to shipowners, charterers, banks, and government agencies. Founded as a tool focussed on piracy risk assessment, the platform has grown into a leading provider of market insi…
Using AIS position data to create a map of global trade Read More »
Maritime trade is predicted to increase by 4.3% in 2021 and the medium-term outlook is positive, according to the latest annual UNCTAD Review of Maritime Transport. However, the compound annual growth in maritime trade is expected to slow from 2.9% ove…
Positivity flows around trade prospects Read More »
During COP26 it was encouraging to see the maritime sector being included in the discussion between governments. International liner shipping companies, who for some time have been taking the lead when it comes to commitments as well as investments in …
Capesize The Capesize market was a mixed bag this week as routes ebbed and flowed giving little clear direction for traders. The market carried through positive sentiment from the prior week, yet was unable to sustain gains on the 5TC by midweek and bo…
Dry Bulk Market: Capesize a Mixed Bag This Week Read More »