Amongst the speakers were Jutta Paulus (MEP Group of the Greens/European Free Alliance), Bart Verboomen (DEME Group), Rasmus Bach Nielsen (Trafigura), Natalie Gupta (Yara Clean Ammonia) and Alex Clark (Oxford University), and Lau Blaxekjær (Global Mari…
The shipbuilding market could soon start to pick, as China’s major cities are emerging from the lockdowns of the previous weeks. In its latest weekly report, shipbroker Allied noted that “the newbuilding market may well be slowly on the verge of a shif…
Newbuilding Activity Could Soon Pick Up the Pace Read More »
It is now hard to believe, but the beginning of 2022 offered hope… The world finally seemed to be emerging from the Covid-19 pandemic and the havoc it had wreaked on the global supply chain. The public and private sectors had mostly returned to “busine…
May saw the highest ever monthly increase in long-term contracted ocean freight rates, as the cost of locking in container shipments soared by 30.1%. The unprecedented hike, revealed in the latest Xeneta Shipping Index (XSI®) Public Indices for the con…
Xeneta: Shipping Costs Soar As Long-Term Rates Race 150% Up Year-On-Year Read More »
The ship recycling market is facing strong headwinds, with prices tumbling down amid a currency meltdown. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the weekly concern of more doom and gloom sentiments from the recycling …
Demolition Market Facing Headwinds Read More »