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.
The next global recession would have a different impact on ocean shipping markets than the 2008-09 financial crisis.
Amazon nears U.S. release for Prime Air drone deliveries.
Matson, the largest U.S. domestic container carrier, said it is lowering its operating income projection for 2019, citing lower container volumes to Hawaii.
Tank barges plying U.S. rivers are seeing higher rates as more petroleum is shipped.
