This year will be yet another challenging one for the container industry in terms of capacity management, but they will cope. A new year raises the usual questions about how carriers will handle the introduction of big new ships and their impact on the…
Container Shipping: Same again Read More »
Capesize Closing out the first full trading week of 2020, the Capesize market is struggling to gain any solid positive upward traction. Opening the week at $10,825, the Capesize 5TC fell away to $9,020, before staging a small rally to close Friday at $…
Dry Bulk Market: Capesizes Struggle for Traction Read More »
A historic drop in coal-fired electricity generation will not sway global coal demand from its upward trajectory through to 2024, though growth will not be as steep as it has previously been. That outlook from the International Energy Agency’s (IEA) la…
Dry Bulk Market: “This is not the end of coal” says IEA Read More »
The Shanghai Containerized Freight Index (SCFI) spot rate for transporting one TEU from Shanghai to Europe was up 41% to USD 1,124 per container on 3 January 2020 – its highest level since December 2016 – from USD 800 on 6 December 2019. Th…
Strong container spot rates up at USD 1,124 due to seasonality – not IMO2020 Read More »
The recent escalation in the unrest between Iran and the US has raised fears of a wider war in the Middle East. Already heightened geopolitical tensions in the region have resulted in a surge in oil prices, with Brent surpassing the $69 per barrel mark…
Risk premium for tankers to soar amid rising tensions in the Middle East Read More »