The Transpacific trade in 2024 is a case in point on why you need a range of data and analysis to fully understand freight rate volatility and future market movements. More specifically, how can Xeneta data explain why spot rates are falling at a time …
Transpacific spot market in decline despite record volumes – why and where next? Read More »
The ship recycling market has steadied across various markets, over the course of the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this week, the ship recycling industry across key re…
Ship Recycling Market Steadies Read More »
“Since September 2024, five merchant ships have been hit by Russian missiles while in Ukrainian ports or waters. These were the first attacks on merchant ships since November 2023 and they could threaten 1% of the world’s dry bulk exports if safety is …
Attacks on ships in Ukraine threaten 1% of dry bulk market Read More »
This week, attention is drawn to the Russian grain sector and the notable recovery in shipments that began in June, culminating in a recent peak in September. It is particularly noteworthy that the quarterly volume shipped to all destinations has reach…
Dry Bulk Grain Flows – The Russian aspect Read More »
Ship owners have kept on buying more second hand dry bulk carriers over the last week. In its latest weekly report, shipbroker Banchero Costa said that there was “busy drybulk activity with action taking place in all the different segments. We see some…
Bulkers In High Demand Among Ship Owners Read More »