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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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Star Information Systems acquires Sharecat

Mergers & Acquisitions Antonia Saratsopoulou - 0
Star Information Systems (STAR) has bought Sharecat, a specialist in technical data quality for complex industrial operations. The deal strengthens STAR’s position in global...
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Folk Maritime unveils MV Folk Jubail

News Antonia Saratsopoulou - 0
Folk Maritime has introduced the MV Folk Jubail in its new livery, marking a step forward in strengthening the company’s identity across its growing...
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Konecranes supplies portal crane to Royal Selangor

News Antonia Saratsopoulou - 0
Konecranes has delivered and commissioned a 1-ton Manual Portal A-frame Crane for Royal Selangor International in Malaysia. The pewter specialist, known worldwide for its...
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Everllence and MEYER RE team up

News Antonia Saratsopoulou - 0
MEYER RE has entered into a strategic partnership with Everllence to accelerate methanol retrofit solutions in shipping. The move is aimed at helping the...
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