Market

Container

Asia Container Trade: China container trade market struggles with slow market pickup

portnews - February 20, 2023

The current situation in the global shipping industry is complex, as container rates are experiencing a significant decline, with contract rates moving closer to...

Market

Stocks find rare resilience to soaring rates

portnews - February 20, 2023

The notion that higher interest rates would slam stocks has been turned on its head by Wall Street’s resilience to the most dramatic upward...

Market

Tanker market outlook – another buoyant year in 2023

portnews - January 9, 2023

The tanker market enjoyed a dramatic turnaround in fortunes in 2022 as the Russian invasion of Ukraine and resulting sanctions saw spot rates ramp...

Market

U.S. likely headed for economic ‘soft landing’ -White House’s Boushey

portnews - January 9, 2023

The U.S. economy appears headed for a soft landing, with recent economic data pointing to an ongoing recovery, not a recession, White House economist...

Dry Bulk

Dry Bulk Market: 2023 Starts With Sharp Declines Across the Board

portnews - January 8, 2023

Capesize The decline in the first week of the year appeared to be no surprise to the market due to the lackluster activity and seasonal...

Market

Ukraine 2022 grain harvest 93% complete at 49.5 mln T – ministry

portnews - January 8, 2023

Ukrainian farms had harvested 49.5 million tonnes of grain from 93% of the expected area as of Jan. 6, the agriculture ministry said. The ministry...

Market

Euro zone economy sentiment rises in Dec, first time since start of Ukraine war

portnews - January 8, 2023

Euro zone economic sentiment improved in December for the first time since the start of the war in Ukraine, European Commission data showed on...

China

Surging recovery bets on China stocks face reality check

portnews - January 8, 2023

Chinese investors are doubling down on economic recovery bets, with a flurry of new fund launches this week riding on optimism about an end...

Market

Iron ore rises as China property support counters COVID worries

portnews - January 8, 2023

Iron ore prices rose on Friday on optimism around China’s stepped-up policy support for the ailing domestic property sector, but persistent worries about local...

Maritime