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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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Indonesia charts shipping path to relevance amid US-China clash

CN Premium Articles Alexandros Itimoudis - 0
With geopolitical tension rising between the United States and China, Indonesia is quietly but ambitiously stepping up its game in the shipping world. Port upgrades,...
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Far East–East Coast South America trade sees capacity surge

Services Alexandros Itimoudis - 0
As of June, the Far East–East Coast South America trade corridor is served by nine regular services, up from six a year ago, according...
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ICS announces new leadership and strategic focus amid global maritime challenges

News Alexandros Itimoudis - 0
At its Annual General Meeting and Board Meeting in Athens, Greece, opened by Vassilis Kikilias, Greece’s Minister of Maritime Affairs and Insular Policy, the...
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Feederlines DMCC adjusts intra-Asia service

Services Alexandros Itimoudis - 0
Feederlines DMCC has revised the port coverage of its FAX service, which connects Southeast Asia with the Middle East and Indian Subcontinent on a...
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