As bulker rates rise, seasoned market sources are describing 2021 as “just like 2006” — the year before momentum in the cycle really hit its stride. With spot rates at […]
Port operations in key southern Chinese shipping hubs have been suspended as Tropical Cyclone Kompasu edged closer. The storm, which is about 500 km (310 miles) southeast of Hong Kong, […]
Dry bulk shipowners are not rushing to the yards to order new tonnage, despite enjoying a booming sector in which spot rates have doubled in the past month. They are […]
Clarksons Research is forecasting a continuing rebound for shipping from the pandemic in 2022. The research arm of UK shipbroker Clarksons believes the ongoing recovery will be uneven, but port […]
Asset prices for dry-cargo vessels have increased by around 80% since the start of the year, according to Danish owner-operator Norden. Its asset management division, which looks after its owned […]
It’s a case of when it rains, it pours for China’s beleaguered national grid now, something that is having a clear spill-over effect onto the dry bulk trades. Facing acute […]
For much of 2021, roaring physical freight markets in containerships and dry bulk have helped push US-listed shipping stocks to major gains. But those buoyant markets were not enough to […]
For much of 2021, roaring physical freight markets in containerships and dry bulk have helped push US-listed shipping stocks to major gains. But those buoyant markets were not enough to […]
Indian farmers are expected to harvest a record 150.5 MMT of grains in marketing season 2021/22, up from 149 MMT last season. Rice is estimated to hit a record 107 […]
The IMO’s decarbonization goal — a 50% reduction in greenhouse gas emissions from shipping by 2050 compared with 2008 — lacked credibility when it was established three years ago. Since […]
