Monday brought some relief to the Mississippi River gridlock that on the weekend saw more than 2,000 barges backed up. According to the US Coast Guard, that number had dropped […]
With Yangzijiang Shipbuilding recently confirming MSC has ordered a dozen LNG dual-fueled 16,000 teu ships, the orderbook at the world’s largest carrier now stands just shy of 2m teu, a […]
Thermal coal prices fall on mild weather and improved European energy stockpiles The Rotterdam front month coal contract on ICE fell to $262 on Monday, down 20.2% WoW and the […]
Shell is looking at a potential profit of $120m on a single LNG cargo despite paying a record rate to charter an LNG carrier, according to analysts at Bernstein. TradeWinds […]
Dry bulk spot rates are stabilizing in a profitable zone. While rates are nowhere near the spectacularly high levels of this time last year, earnings are still healthy. Capes, the […]
Bulker futures took a nosedive on Monday, with November contracts for capesizes dropping 16.1% in a single day and the forward curve showing a gloomier forecast for the start of […]
The renewal of Ukrainian grain shipments under the Black Sea Grain Initiative has made a tangible impact, adding 6.5 MMT of agricultural commodities to the supply in Europe, Africa, and […]
Shipping must prepare itself for market conditions in which Chinese dry bulk imports will peak very shortly, delegates attending last week’s Maritime CEO Forum in Singapore were told. Concluding the […]
This year has seen record rates for many ship types with containers and LNG grabbing most headlines. Also cruising to new highs are car carriers, with analysis suggesting this niche […]
Brazil’s corn exports continue to be very positive with 6.8 MMT exported in September following the monthly record 7.5 MMT in August. To date Brazil has shipped 24.7 MMT and […]
