The UN is prioritizing the release of ships trapped at Ukraine ports since the outbreak of hostilities with Russia in preparation for humanitarian shipments of grain. Frederick Kenney, coordinator for […]
A 10% drop in the cost of steel plate is putting pressure on Chinese shipyards to reduce prices and could prove a turning point in the newbuilding market. Steel plate […]
More coal export bans are coming into place in Indonesia, at a time where demand for the commodity is approaching record highs. Indonesia, the world’s largest coal exporter, is banning […]
Liner shipping is on course to smash last year’s record profits by as much as 73%, according to new forecasts from John McCown-led Blue Alpha Capital, citing the soaring contract […]
Share values of leading European and Asian container liner operators have staged a sharp recovery on the back of profit upgrades. That has added billions of dollars to the market […]
Week-on-week, benchmark Capesize, Panamax and Supramax rates decreased by 25%, 4% and 11% to averages of USD ~14.5k/d, USD ~16.7k/d and USD ~19.9k/d, respectively. Capesize rates are with that, now […]
An UN-brokered safe passage deal for the export of Ukrainian grain has picked up further steam over the weekend, with seven more vessels underway, on top of the five ships […]
The average price of hot rolled coil in China ended last week at 4,175 yuan/ton ($618), which is 75 yuan (2%) more than a week ago. Prices have now increased […]
Commercial vessels in and around Taiwan cleared out from the six closure zones during China’s military drills, although a couple of vessels chose to ignore the warnings against entering the […]
The United Nations-brokered safe-passage deal to export Ukrainian grain picked up steam over the weekend, with seven more vessels underway, on top of the five ships sailing last week. The […]
