Container shipping: The fundamentals of container shipping companies remain strong with liners set to enjoy a prolonged cycle of profitability extending into at least the next couple of years. Lines going back to deeply loss-making even in a down cycle…
Drewry Maritime Financial Insight – April 2021 Read More »
Capesize The Capesize market this week reached rate levels equivalent of last year’s highs. The 5TC rose $6,242 to settle at the end of the week at $34,762. The Transatlantic C8 roared to life throughout the week and is now the premium paying basin up …
Dry Bulk Market: Capesizes Reach Last Year Highs Read More »
One thing is certain within the maritime industry, smart shipping has arrived. However, what most people will think is “What is Smart Shipping?” After speaking to range of different players in the ecosystem; I will endeavor to try and provide some unde…
Smart Shipping Has Arrived Read More »
When the Ever Given megaship blocked traffic in the Suez Canal for almost a week in March, it triggered a new surge in container spot freight rates, which had finally started to settle from the all-time highs reached during the COVID-19 pandemic. Shipp…
Shipping during COVID-19: Why container freight rates have surged Read More »
Experts at this week’s Baltic Freight and Commodity Dry Bulk Forum, part of Singapore Maritime Week, downplayed talk of a commodity super cycle, which has been raising pulses in the sector. But while they stopped short of acknowledging the super cycle,…
Talk of super cycle dismissed Read More »