Container imports on both the US East Coast (USEC) and West Coast (USWC) had a strong year in 2018, growing 3.7% and 8% respectively in the first 11 months of the year compared to the same period in 2017. Record high levels of inbound laden containers …
US Container Imports Break Records But Uncertainty Lies Ahead Read More »
“We believe that the industry’s supply-demand balance will benefit from a reduced appetite for Ultra Large Container Vessels (ULCVs) among the major carriers, some of which now have their eyes fixed on a bigger prize of becoming global logistics integr…
Battle for the supply chain to aide container supply-demand balance Read More »
Capesize Dashed hopes summed up the first full week of the New Year. A slow start followed by a busy 24 hours of improving rates and a firming FFA market fuelled positive sentiment, only to see both paper and physical sales slide the next day. West Aus…
Dry Bulk Market Still Slow Off Its Tracks in 2019 Read More »
Top Headlines of Recent Days Japan is pushing ahead with its largest ever overseas port development, which files in the face of neighbour China’s One Belt, One Road Initiative. Trading house Toyota Tsusho and state-run Japan Bank for International Coop…
Shipping Market Monitor Read More »
Coal demand in China has rebounded during 2018 as well, leading to a further level of support for dry bulk freight rates. In its latest weekly report, shipbroker Banchero Costa, commented on Chinese coal imports, saying that “in the first 11 months of …