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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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Thessaloniki Port reports over US$90 million annual revenues

Thessaloniki Port Authority S.A. (ThPA S.A.) has released its financial results for the financial year 2023, reporting consolidated revenue of US$92 million, relatively stable...

Navigating the Seas of Shipping Logistics: Unveiling the Best Software Solutions

In the vast ocean of global commerce, efficient shipping logistics software serves as the compass guiding businesses through turbulent waters. From managing inventory to...

Contship Italia unveils strategic investment in La Spezia Container Terminal

During a two-day gathering between the Melzo and Spezia offices, Tom Eckelmann, a board member and shareholder of Contship Italia Group, reaffirmed Eurokai's steadfast...

Red Sea disruption pushing up container values and rates

Container values have risen significantly across almost all sectors and age categories since the start of the year. Following an extended period of declines, where...