Global Trade Outlook for 2021 shaped by the COVID-19 pandemic; more optimism but significant uncertainties remain. Introduction After an already sluggish trade in 2019 global recovery was expected in 2020. High hopes and early market optimism were deva…
Global Trade Outlook for 2021 Read More »
While the latest OPEC’s decision regarding oil supply, could lead to more “pain” for the tanker market, it could provide for long-term benefits. In its latest weekly report, shipbroker Gibson said that “this past week’s new that OPEC+ would keep produc…
Tankers: Long Term Prospects Could Be Rosier Read More »
Capesize The market has surged during the last couple of days of the week to trade in the upper region of its recent range. Gaining $920 on the last trading day of the week the Capesize 5TC settled at $14,794, which reflected the solid trading activity…
Dry Bulk Market: Capesizes End the Week on a Strong Note Read More »
Container freight has had a turbulent month, with the market starting to lose and gain in direct reaction to trade-lane specific congestion and a general ‘maxing out’ of global ocean-going capacity colliding with fluctuating demand. Asia to the US rema…
FBX Index: Looking forward Read More »
Container freight has had a turbulent month, with the market starting to lose and gain in direct reaction to trade-lane specific congestion and a general ‘maxing out’ of global ocean-going capacity colliding with fluctuating demand. Asia to the US rema…
FBX Index: Looking forward Read More »