The record-breaking VLCC fixtures that occurred during the first half of 2020 seem a lifetime ago. As we approach autumn, following a summer characterized by travel uncertainty, low demand levels and wild fluctuations between optimism that the coronavi…
Transparency, cross-value chain collaboration and public-private partnerships will be crucial to rebuilding the world economy post COVID-19 while addressing long-term challenges such as the climate crisis. Finding a new way forward for global seaborne …
Spot container freight rates have increased in recent months, driven by shipping companies’ supply discipline, despite a decline in demand at the start of the coronavirus pandemic, Fitch Ratings says. Global shipping companies’ financial pe…
Fitch: High Freight Rates to Benefit Global Container Ship Companies Read More »
People may be forgiven for thinking that the last seven days was a slow news week, as the biggest headline grabber was the two-minute appearance of a fly on the head of US Vice President Mike Pence. This has launched a flurry of activity with Jim Carre…
Tanker, Tailor, Soldier, Fly Read More »
Capesize The Capesize market reached new highs for the year this week, topping out at $34,896 on the 5TC. The quick ascension to these lofty heights has been met with an equivalent descent since Wednesday as the market shed value down to $29,479 by wee…
Dry Bulk Market: Capesize Market On New Heighs Read More »