Platts poised to take on Baltic Exchange in dry freight futures
The Baltic Exchange has been unrivaled in its creation of indices for dry freight futures. That may be about to change.
The Baltic Exchange has been unrivaled in its creation of indices for dry freight futures. That may be about to change.
Crude tanker rates continue to surge, driven by geopolitical tensions. Meanwhile, container rates remain weak.
U.S. sanctions targeting Iranian crude aboard Chinese ships ensnare Canadian-headquartered, New York-listed owner of Bahamas-flagged vessels carrying Russian cargoes via Arctic Sea.
U.S. sanctions targeting a subsidiary of China’s COSCO Shipping could have far-reaching consequences.
Ocean carriers are deploying ever-larger box ships to drive down costs and emissions, but do the pros outweigh the cons?
The start of the box shipping slack season commences next week when Chinese factories close for the Golden Week holiday. Further spot rate losses are predicted by Alphaliner.
Shipping equities have suffered through a rough couple of years, but hope persists that market capitalizations and trading volumes can be resuscitated.
The number of containers is a better bellwether of global trade than the number of container ships.
The $42.3 million bust is the latest in a string of global maritime drug seizures at sea and in ports.
Capital-market sentiment is so bad in New York that ship owners may end up raising more money in Oslo this year.
Blockchain to be deployed by VAKT to smooth the post-trade process
This week, VLCC tanker rates are rising, whereas both trans-Pacific box rates and Capesize bulker rates are slipping.
A breakdown of some of the most active ships in the global maritime industry.
Dry bulk spot rates have pulled back from recent highs, while trans-Pacific container rates have held their gains.
Final investment decisions for new global LNG export plants are surging, a negative for future thermal coal demand.
The Freightos Baltic Index (FBX) is the world’s leading – and most accurate – index of market rates for 40′ containers.
Does container shipping have a drug problem? After a string of busts in the U.S. in recent months, attention has now switched to the U.K., where authorities have seized 1,279 kilograms of heroin with a street value of £130 million ($148 million). The drugs were found Aug. 30 by officers from Border Force and the […]
The beleaguered dry bulk shipping sector is nearing its post-financial-crisis peak. Is it sustainable?
A look at the San Pedro Bay Port Complex… sponsored by NEXT
Due to recent pirate activity, the International Maritime Bureau has urged seafarers to remain vigilant and to report all suspicious activities to regional authorities and the IMB.