London-listed Tufton Oceanic Assets has issued a bullish bulletin on shipping as it seeks to keep investing in core sectors. The shipowning fund, managed by Tufton Investment Management, said the […]
Grains from the Black Sea region are set to provide support to bulker demand, with wheat and barley exports expected to rise sharply over the coming weeks and months, according […]
A UK freight forwarder is paying the highest rate to date to charter a small container feedership. Allseas Global Logistics is paying close to $100,000 per day to deploy a […]
Congestion outside Chinese ports has tied up 565 bulkers, according to Lloyd’s List Intelligence data. Panamax and supramax vessels were mainly affected, with average waiting times outside key grain and […]
The boxship charter market is changing. Talk of the “highest-ever charter rate” of $160,000 per day may have grabbed the limelight in recent days. But look beyond the astronomical charter […]
Ships are backing up Yantian-style off southern Vietnam as Covid-19 wreaks further havoc on Asian supply chains. The Vietnamese government put the whole southern region into lockdown on Sunday as […]
Clarksons Research is putting greater emphasis on tracking port congestion, as its figures showed one-third of the boxship fleet was tied up in terminals during April. Analyst Trevor Crowe said […]
A 16-year-old panamax boxship is rumored to have obtained a record-breaking rate for a container shipping fixture. The 5,042-teu CSL Santa Maria (built 2005) is reported fixed for a short […]
The Shanghai Containerized Freight Index (SCFI) – the benchmark liner spot reference – crossed the 4,000 point for the first time today, quadruple its historical average with liners now firmly […]
The seasonal lull has taken hold of the dry bulk market, but, unsurprisingly, sentiment remains very optimistic. The Baltic Dry Index, the industry benchmark for the strength of dry bulk […]
