International Shipping News

Dry Bulk Market: Capesizes On a High, With Brazil to China Trade Picking Up Pace

Capesize The story over the past week has been largely Atlantic dominated as the basin’s uniquely volatile characteristics came into play. Starved of tonnage for most of the year, the Atlantic basin has encountered growing demand from Brazil to China w…

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Crude Oil Tanker Freight Rates From The Arabian Gulf To China Double On The Back Of Tanker Attacks

Spot freight rates for a Very Large Crude Carrier (VLCC), carrying 2 million barrels of oil, between the Arabian Gulf and China reached USD 25,994 per day on 20 June, their highest level since March and significantly above the May average of USD 9,979 …

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