Supramax bulker spot rates on US Gulf Coast set to plateau as grain orders slow, broker says
All four bulker sizes saw average spot rates rise throughout past week, according to Baltic Exchange data
Insight
Liner contract rates expected to ‘reset’ lower in 2023 on back of falling spot market
Lower port congestion and consumer demand for boxed goods are hurting spot freight rates, market analyst says
Liner contract rates expected to ‘reset’ lower in 2023 on back of falling spot market Read More »
‘Spectre of overcapacity’ returns to haunt container markets as orders mount
Orderbook peaks as haemorrhaging demand hits freight and charter markets
‘Spectre of overcapacity’ returns to haunt container markets as orders mount Read More »
Capesize bulker market surges 13.8% in a day despite China’s Golden Week
FFA market slide indicates deeper decline for future spot rates
Capesize bulker market surges 13.8% in a day despite China’s Golden Week Read More »
Tanker owners may have seen peak VLCC volumes on eve of Opec meeting
Oil producing bloc is largely expected to announce a production cut at its meeting on Wednesday, potentially hitting crude volumes
Tanker owners may have seen peak VLCC volumes on eve of Opec meeting Read More »