Capesize The Capesize market broke out of its recent range this week as the 5TC peaked on Thursday before easing Friday slightly down at $36,150. The Pacific routes strengthened throughout the week but softened abruptly on Friday for the Transpacific C…
Dry Bulk Market: Capesize Market on the Rise Again Read More »
The increases in freight rate levels appear to be virtually without end. From an overall market perspective, the combined Freightos Baltic Index (FBX) was up 400% at the end of July 2021 versus end-July 2020. And this should be seen in the context that…
FBX Index: No short-term easing of rate levels in sight Read More »
In July, BIMCO published its Automatic Identification System (AIS) Switch Off Clause for Time and Voyage Charter Parties 2021, representing the latest in a string of recent clauses bolstering sanctions protection. The clause follows the U.S. Department…
Sanctions pressure prompts tracking action Read More »
Introduction 2021 to date has been one of the best years in recent memory for sale and purchase, with a rise in asset values experienced across most sectors. A combination of pent up demand following the easing of global Covid-19 restrictions and low a…
Half year review: S&P and Values Read More »
July was marked by yet another series of disruptions, many of them natural disasters – including fires in Canada, flooding in Europe, a typhoon in China, and virus outbreaks in Vietnam and elsewhere – that put additional pressure on an industry already…
FBX Index July: Rates Jump on Market Disruption Read More »