Dry Bulk Shipping Market: Slower demand growth pressures freight rates

BIMCO publishes Shipping Market Overview & Outlook reports towards the end of each month as follows: January, April, July, October Dry Bulk February, May, August, November Tanker March, June, September, December Container Supply/Demand Balance During 2024, the supply/demand balance has improved and the full year is expected to end stronger than 2023. However, in our …

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European Importers Should Not Be Spooked By Ocean Container Carriers’ Desperate Efforts To Drive Up Freight Rates

Ocean container carriers are desperately trying to push spot freight rates up in early November to halt the market decline and strengthen their hand during negotiations with European shippers for new long-term contracts. Latest data from Xeneta – the leading ocean and air freight rate intelligence platform – shows average spot rates on the major …

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Dry bulk freight market poised for fragmentation as environmental regulations reshape trends in supply

The dry bulk freight market is expected to become increasingly fragmented as decarbonisation regulations tighten and capex increases. Shifts in supply trends have been significant, driven by global and regional environmental policies that are altering vessel movements. Drewry has examined trends across vessels of different age categories, identifying the root causes and potential long-term effects …

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AMP presenta proyecto de automatización del Departamento de Formación Marítima

La Autoridad Marítima de Panamá (AMP) presentó a los representantes de los Centros de Formación Marítima (CFM) acreditados, el proyecto de automatización del Departamento de Formación Marítima (DEFMA) de la Dirección General de la Gente de Mar (DGGM). El sistema es una combinación de software para automatizar los trámites del DEFMA. Con estas herramientas tecnológicas …

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