Maritime

Maritime

Spot prices out of China increase for the first time in seven months

portnews - December 30, 2022

Having otherwise seen relentless drops since early summer, spot rates on freight out of Shanghai increased in the last week of the year. After 28...

Maritime

Shipbrokers say shipping will overcome challenges and thrive

portnews - December 29, 2022

THE shipping industry can overcome geopolitical challenges and thrive, according to the Institute of Chartered shipbrokers (ICS) Greek Branch at its 17th Annual Forum,...

Maritime

Sea-Intelligence: Overcapacity risks container price war

portnews - December 29, 2022

THE Covid crisis had every possible vessel sailing, but with the scare over, spot rates have plunged and risk starting a price war looms...

Maritime

PCJ 2022 Review: Q1’s most read

portnews - December 29, 2022

The year 2022 has been filled with exciting projects and interviews, but for the next couple of days, we will look into the articles...

Feature

A year in pictures: Shipping industry’s highlights in 2022

portnews - December 28, 2022

Once again this year’s agenda was full of meetings, agreements and important announcements for the maritime community. In this photo recap we have picked...

Maritime

Time charter rates finally follow crashing freight rates

portnews - December 28, 2022

It took a little while longer for charter rates to drop in 2022 than was the case for freight rates. Both rates will continue...

Companies

Diana Shipping Inc. Announces Delivery of the Ultramax Dry Bulk Vessel m/v DSI Altair and Her Entry Into Time Charter Contract With Western Bulk;...

portnews - December 28, 2022

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate...

Maritime

Xeneta Shipping Index (XSI®) Contract Market: December 2022

portnews - December 27, 2022

The global XSI® fell to 419.8 in December, down by just 0.1% from November. The pace of decline has slowed since November, when the...

Maritime

S. Korea foresees recession in falling freight prices, wages

portnews - December 27, 2022

Global ocean freight prices are falling amid a darkening outlook for South Korea, as Asia’s fourth-largest economy heavily depends on overseas trade, 99% of...

Maritime