The increases in freight rate levels appear to be virtually without end. From an overall market perspective, the combined Freightos Baltic Index (FBX) was up 400% at the end of July 2021 versus end-July 2020. And this should be seen in the context that…
FBX Index: No short-term easing of rate levels in sight Read More »
In July, BIMCO published its Automatic Identification System (AIS) Switch Off Clause for Time and Voyage Charter Parties 2021, representing the latest in a string of recent clauses bolstering sanctions protection. The clause follows the U.S. Department…
Sanctions pressure prompts tracking action Read More »
Owners of dry bulk carriers should be thrilled with the returns of the current freight market. In its latest weekly report, shipbroker Allied Shipbroking said that “having already reached the peak of the summer period, most in the dry bulk sector shoul…
Dry Bulk Owners Reap the Benefits of a Strong Market Read More »
Introduction 2021 to date has been one of the best years in recent memory for sale and purchase, with a rise in asset values experienced across most sectors. A combination of pent up demand following the easing of global Covid-19 restrictions and low a…
Half year review: S&P and Values Read More »
July was marked by yet another series of disruptions, many of them natural disasters – including fires in Canada, flooding in Europe, a typhoon in China, and virus outbreaks in Vietnam and elsewhere – that put additional pressure on an industry already…
FBX Index July: Rates Jump on Market Disruption Read More »