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CATEGORY

Maritime

Soybean, corn barge basis weak on lower freight

Basis bids for soybeans shipped by barge to the U.S. Gulf Coast for export were flat to lower on Friday as freight costs eased...

Baltic index posts worst week in more than a year

The Baltic Exchange’s dry bulk sea freight index edged down on Friday to post its biggest weekly loss since Dec. 17, 2021, as shipping...

Peak Season Surge Could Be Make or Break for Ocean Carriers

Container spot rates from Asia to North Europe, as recorded by Drewry’s WCI index, increased by 10% this week from their pre-Christmas level, to...

USMMA details upgrades in new capital improvement plan

The U.S. Maritime Administration (MarAd) and the U.S. Merchant Marine Academy (USMMA) on Friday released the USMMA Capital Improvement Program (CIP) annual report for...

Poten: Unipec king of VLCC charters, Lukoil doesn’t make the cut

Unipec, a wholly-owned subsidiary of China Petroleum & Chemical Corporation, remained the king of the VLCC charter market in 2022 with 746 reported fixtures,...

SSY Futures supports FFA volume growth

SSY Futures has released a statement analysing and supporting forward freight agreement (FFA) volume growth. The statement from Przemek Koralewski, Head of Sales and Business...

Chief analyst warns: New regulations might kill off ship ownership as we know it

New fuels force ship owners to focus on services in stead of ship trading. ”The implementation of new fuels leaves us at a crossroads,”...

THE Alliance commits to more sustainable services from 2023

THE Alliance’s network has been reconfigured to ensure the most comprehensive port coverage to maximise the satisfaction of the member lines’ customers. The enhanced service...

China’s Lockdowns are Over, but its Shipping Outlook is Still Mixed

Beijing’s on-and-off COVID lockdowns created serious challenges for shipping in 2022,and even though pandemic-era controls have eased, the trade outlook for China looks mixed....

India supports UAE’s maritime initiatives: Indian Ministry of Shipping

The UAE and India have opened up a new vista for bilateral cooperation in the maritime industry. Dr. Sanjeev Ranjan, India’s Secretary for Ports, Shipping...
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