The International Maritime Organization (IMO) held an extraordinary session of its Council (C/ES.35) on 10 and 11 March to address the impacts on shipping and seafarers of the situation in the Black Sea and the Sea of Azov. The IMO Council made the fol…
IMO Council decisions on Black Sea and Sea of Azov situation Read More »
China is viewed by market analysts as the last impediment to strong oil demand and while it’s hard to be positive for the first half of 2022, the second half could see robust recovery. Speaking at the Baltic Exchange Tanker Market Insights Webinar at I…
China ‘last impediment’ to oil demand recovery Read More »
With many Russian owned or operated ships now firmly under threat by many countries, it’s worth attempting to gauge the size and qualitative characteristics of this fleet. In a note yesterday, shipbroker Banchero Costa said that “following the start of…
Russian Shipping Fleet Under Threat: Analysis Read More »
Using VesselsValue data, Vivek Srivastava, Senior Trade Analyst, explores the rise in global gas prices amidst the unfolding events between Russia and Ukraine. This article provides insight on the foreseeable future of the world’s largest exporte…
The Freightos Baltic Global Index was stable in February, increasing just 1% to $9,838/FEU, 128% higher than a year ago and more than six times the pre-pandemic norm. Although the war in Ukraine is expected to affect ocean freight and rates, those effe…
FBX Index in February Was 128% Higher Than a Year Ago Read More »