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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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Samsung Heavy Industries partners with ABB

Out of the Box Giannis Nikolakis - 0
Samsung Heavy Industries (SHI) has signed a landmark agreement with ABB to equip a series of nine newbuild shuttle tankers with ABB’s advanced Onboard...
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ZeroNorth integrates SMARTShip platform with ClassNK MRV Porta

News Giannis Nikolakis - 0
ZeroNorth has announced a new integration between its SMARTShip platform and the MRV Portal operated by ClassNK, one of Japan’s leading classification societies. The...
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Korean Register, Shipbuilders, and Korea Testing & Research Institute; partner

News Giannis Nikolakis - 0
The Korean Register (KR) has formed a joint working group with leading shipbuilders and research institutions to establish international standards for the safe discharge...
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Ocean Alliance members leads orderbook race

News Giannis Nikolakis - 0
As the global container shipping industry pushes forward with expansion and modernization, the focus is shifting to the orderbook. Among the major players, Ocean...
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