Global freight rates will remain high in the short term, but will moderate in the longer term once shipping supply-chain disruptions are cleared and more new ships are deployed, Fitch Ratings says. Global container shipping companies are benefiting fro…
Global Container Freight Rates to Moderate as Ship Orders Rise Read More »
The container shortages that have been adding to logistics logjams in Asia and beyond are showing few signs of being resolved, according to the latest data from Container xChange, the world’s leading online platform for the leasing and trading of shipp…
Container Prices Surge In China And India As Supply Chain Blockages Tighten Supply Read More »
The North Sea crude market could offer the tanker market a new trade route, should proposed changes take effect. In its latest weekly report, shipbroker Gibson said that “concerns about North Sea crude production are nothing new although, changing prod…
Tankers: A New Trade Route Emerging? Read More »
Capesize The market turned for all Capesize routes this past week as the BCI reached new highs for the year. The Capesize 5TC started the week at $23,911, surged early in the week before a lull mid-week. It closed out with a strong gain of 4,339 for th…
Dry Bulk Market: Capesizes Reach New 2021-High Read More »
Throughout its existence, the maritime industry has shown that it is capable of continuously transforming itself to improve efficiency and productivity, irrespective of the challenges along the way. The two ongoing transformations related to digitaliza…
Closing the safety gap in an era of transformation Read More »