The newbuilding market is exceeding expectations so far this year, with slots being snapped up quickly mainly for the construction of LNG and Container ships. In its latest weekly report, shipbroker Allied said that “the newbuilding market recorded a s…
Dynamic Newbuilding Activity Focused on Container and LNG Ships Read More »
Despite months of softening on the backhaul North Europe to Far East trade, with rates on the spot market closing in on USD 1 000 per FEU for normal-dry containers, spot rates for reefer containers on this trade have been stable since early 2021, avera…
Reefer Rates From North Europe To Far East: First signs of easing for long-term rates Read More »
A significant number of marine industry-focused tech startups from around the world will showcase their solutions and platforms during Posidonia Exhibition 2022 to be held at Athens’ Metropolitan Expo Centre from 6-10 June. Online marketplaces designed…
The ship recycling market has seen quite a lot of activity of late. However, it’s bound to quiet down, as a result of the Ramadan period. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as we entered Ramadan this week, there w…
Ship Recycling Market Expected to Quiet Down As Ramadan Started Read More »
The organization now expects merchandise trade volume growth of 3.0% in 2022—down from its previous forecast of 4.7%—and 3.4% in 2023, but these estimates are less certain than usual due to the fluid nature of the conflict (Table 1). The most immediate…
Russia-Ukraine conflict puts fragile global trade recovery at risk Read More »