Banks had been selling their shipping loans with gusto through 2018 and 2019, but the arrival of the Covid-19 pandemic combined with stricter selectiveness on the part of potential buyers has drastically reduced the market for shipping loans. Record sa…
Forced hiatus of shipping loan sales Read More »
A lot of people is currently on a steep leaning curve. Focus: liner shipping. Special topic: Why are the empties not to be found where they should be – in the export regions. And why are some liners keen on a fast turnaround of the empties – brining th…
BIMCO: Far East container spot rates to Brazil up by 230.5% Read More »
2021 has got off to flying start for long-term contracted ocean freight rates, according to the latest XSI® Public Indices report from Xeneta. January’s XSI®, which gleans unique intelligence from crowd sourced real-time shipping rates, shows one of th…
A new time charter sanctions clause specifically designed for the container shipping sector has been published by BIMCO. The BIMCO Sanctions Clause for Container Vessel Time Charter Parties 2021 is part of an initiative to create a library of sanctions…
BIMCO publishes Sanctions Clause for the container trade Read More »
Freight rates continue to spike as the box logjam worsens. Carriers tell Drewry how they plan to help repair the system. A new year, the same vertical take-off for container freight rates. The worsening blockage of the container shipping supply chain h…
How to fix the container blockage Read More »