China’s lockdowns in Shanghai is expected to have a significant impact in the global supply chains and the tanker markets, especially when seen in tandme with everything else that’s been going on in the world’s economy today. In its latest weekly repot…
China’s COVID-19 Outbreak Introduces New Implications for the Shipping Markets Read More »
The Commercial Court in the case of Sharp Corp Limited -v- Viterra B.V. (previously known as Glencore Agriculture B.V.) [2022] EWHC 354 (Comm) considered an appeal brought by Sharp Corp Limited (the buyer) against a decision of the Grain and Feed Trade…
Battle over grain cargo pricing Read More »
On 7 April 2022, Frontline Limited (FRO) and Euronav NV (EURN) announced that the companies are in the process of a merger that would create a global leader in the tanker shipping market. FRO will acquire all 201.7mn of issued and outstanding EURN shar…
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 »