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Rapid rate declines expected in February

Container News Team - 0
Vespucci Maritime CEO Lars Jensen said in a Baltic Exchange report that the alliance reshuffling is expected to result in short-term overcapacity in February. This...
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US East Coast strike risk could mean more spikes in freight rates

Container News Team - 0
There is a real risk of labour disruptions in US East Coast ports, given the breakdown in negotiations between the union and the terminals...
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Red Sea developments fail to overcome seasonal lull as rates correct

Container News Team - 0
With the Chinese New Year over and liner operators adjusting their operations to accommodate the diversions round the Cape of Good Hope, rates have...
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Red Sea crisis changes container shipping situation from glut to tightness

Container News Team - 0
The closure of the Suez route has changed the fundamental outlook for container shipping in 2024, with a potential capacity crunch in Asia looming in...
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Lars Jensen: Container market set to be “drastically different” in 2023

Container News Team - 0
The Baltic Exchange, in collaboration with Freightos, and Vespucci Maritime, have released their container shipping report for January. Their opinion is that in 2023, container...
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Out of the Box

Record tanker derivative volumes in 2022

Container News Team - 0
Baltic Exchange, source of independent maritime market data, released data about the derivatives market for clean and dirty tankers which showed increased traded volumes...
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News

Singapore dominates ISCD Index for seven straight years

Container News Team - 0
The top five international shipping centres of 2020 remain the same as the previous year, according to the 2020 Xinhua-Baltic International Shipping Centre Development...
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Uncategorized

Daily container freight Index launched by Baltic and Freightos

n.savvides - 0
Spot ocean rates will be tracked in real-time for the first time following the launch of the Freightos Baltic Index (FBX) by the Baltic...
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Maersk completes first series of methanol-enabled Equinox-I container ships

News Alexandros Itimoudis - 0
Maersk has officially taken delivery of Axel Maersk, a 16,592 TEU methanol-enabled container ship, marking the completion of its first series of 12 Equinox-I...
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Have Pacific spot rates peaked?

Rates & Surcharges Container News Team - 0
Negotiations between the United States and China over tariffs began in London, UK, with a high-level US delegation meeting Chinese representatives in an effort...
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How Long-Term Parking Solutions Help Independent Truckers Save Money

Sponsored Giannis Nikolakis - 0
Independent truck drivers live by the clock—and by the mile. Every delay, detour, or unexpected fee eats into their profits. While fuel and maintenance...
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ONE commences new India-Gulf service

Services Alexandros Itimoudis - 0
Ocean Network Express (ONE) announces the launch of its new India-Gulf Service, aimed at enhancing connectivity between India and the Middle East. "This strategic addition...
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