Capesize The market continued its steady ascent over the past week to improved levels. The TC average opened the previous week at $12,243 and climbed through respectable fixture volumes, predominately in the East, to close Friday at $12,987. The West A…
Dry Bulk Market: Capesize Market in Steady Rise Read More »
Oslo-based Xeneta, the leading ocean freight rate benchmarking and market analytics platform, has revealed a jump in long-term contracted rates for containership operators during the month of May, as 2018 rates expire and new contracts push the index u…
In a little over 6 months the new IMO low-sulphur rule will come into effect. Few contest the change will have anything other than far-reaching consequences for the global container shipping industry and its users, but many BCOs remain uncertain about …
Final countdown to 2020: How one BCO handled the IMO 2020 rule change Read More »
On 17 May 2019, the US announced that it had reached agreements with Canada and Mexico to remove the US tariffs imposed on steel and aluminium products from those countries pursuant to Section 232 of the Trade Expansion Act of 1962, as well as the reta…
Trade now more fluid in North America Read More »
Norway 2019 is a very different place compared to a few years ago. However, many of the nation’s shipping and offshore industries have achieved sustained growth through some of the most turbulent times ever faced. Since the last Nor-Shipping in 2017, t…
Splashing the cash: Norway’s biggest spenders over the last year Read More »