Friday, July 4, 2025
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Tag: Baltic Exchange

Rapid rate declines expected in February

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...

US East Coast strike risk could mean more spikes in freight rates

There is a real risk of labour disruptions in US East Coast ports, given the breakdown in negotiations between the union and the terminals...

Red Sea developments fail to overcome seasonal lull as rates correct

With the Chinese New Year over and liner operators adjusting their operations to accommodate the diversions round the Cape of Good Hope, rates have...

Red Sea crisis changes container shipping situation from glut to tightness

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...

Lars Jensen: Container market set to be “drastically different” in 2023

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...

Record tanker derivative volumes in 2022

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

Singapore dominates ISCD Index for seven straight years

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...

Daily container freight Index launched by Baltic and Freightos

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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Panama Canal vs Suez vs NSR: Which maritime corridor will shape the 21st century?

In an era where geopolitics and climate change are redrawing the map of global trade, the question is no longer if maritime corridors will...

ABS unveils breakthrough EV Battery Fire Simulation Model

American Bureau of Shipping (ABS) has taken a significant step forward, developing an advanced simulation modeling of thermal runaway in Lithium-ion battery fires. The model,...

OSPAR to ban scrubber discharges

Discharges from ship scrubbers will be banned in internal waters and port areas across the North-East Atlantic by 2027, with further restrictions coming into...

ABS to evaluate floating nuclear power plants

American Bureau of Shipping (ABS), CORE POWER, and Athlos Energy have formed a consortium to evaluate the potential deployment of floating nuclear power plants...
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