Capesize The capes have faced a challenging week, marked by holiday disruptions. Despite a slow start to the week, there has been no shortage of cargo in both the Atlantic and Pacific regions. However, both markets have been grappling with an excess supply of tonnage, which has been putting downward pressure on the market. By …
Dry Bulk Market: Capesize Market Faced Challenging Market Read More »
Clean LR2 MEG LR2’s have suffered from relatively little activity this week, exacerbated by a short week in Singapore. Freight levels have been level with TC1 stable in the mid WS140’s and a trip west on TC20 dipped $178,000 to $3,942,000. West of Suez, Mediterranean/East LR2’s look to have taken a similar trajectory to the …
The shipping cycle is famously volatile. Just ask anyone involved in the container shipping business in 2020-2022. Time it right, buy exposure to the cycle at the bottom and sell at the top, and you’ll make a fortune. Multi-generational Greek shipping families have this down to a science. For everyday investors, it’s a challenge. Shipping …
New way to place your bets on boom and bust of shipping cycle Read More »
The Freightos Baltic Global Index (FBX) dipped 11% month on month in May to $1,407/FEU. It is now 9% above 2019 levels, driven by transpacific rates receding from April’s GRI-fueled rise and transatlantic rates continuing their descent. Transpacific rates to the West Coast fell 23% to $1,309/FEU as they retreated from mid-April GRIs that succeeded …
Black Sea grain market weakened in May in both freight prices and volumes amid uncertainty regarding the prospects of the UN-brokered safe passage agreement, with participants remaining hesitant to plan ahead even after the announcement of the agreement’s extension. “Basically, we’ve been on hold since March,” a charterer said. “The corridor cannot function effectively with …
Black Sea Watch: Market strength wanes as Ukrainian grain flows halve in May Read More »
Ukraine would be ready to continue exporting grain across the Black Sea as part of a “plan B” without Russian backing if Moscow pulls the plug on the current grain export deal and it collapses, Ukraine’s farm minister said on Friday. The United Nations and Turkey brokered the Black Sea Grain Initiative between Moscow and …
Ukraine has ‘plan B’ to continue exports if grain deal collapses – minister Read More »
HMM, Korea’s leading shipping company that is under the control of the state-run Korea Development Bank (KDB), decided to compete with foreign companies to regain Hyundai LNG Shipping from IMM Private Equity, according to industry officials, Friday. Hyundai LNG Shipping was formerly a business division of HMM, but it was sold to IMM during HMM’s …
HMM tasked with preventing sale of Hyundai LNG to foreign firm Read More »
Over the last decade, Iran has been causing more and more headaches for oil tanker operators in the Strait of Hormuz, a central artery of global trade. In the last two years alone, Iran has harassed, attacked or interfered with 15 internationally flagged merchant vessels. This critical waterway separates the Persian Gulf from the Arabian …
Why Iran keeps seizing oil tankers in the Strait of Hormuz Read More »
Técnico/a de pricing (aéreo y marítimo) Jornada Tiempo completoTipo de contrato TemporalExperiencia De 2 a 5 añosLocalidad BarcelonaNum. Vacantes 1Referencia DCBB0FA6-51ED-65DB-D719-E7900E6AD3EC ¿Te gustaría trabajar en una importante empresa líder en servicios marítimos y logísticos? Estamos buscando un/a técnico/a de pricing con experiencia en flete marítimo y aéreo para una empresa ubicada en el Zal de …
Plazas con perfil marítimo para el Grupo TRAGSA – 12 plazas 1 – Titulado/a Universitario/a en Biología, Ciencias del Mar y/o Ciencias ambientales Baleares) – Carreras (tragsa.es) 1 – Formador/a – Especialidad de Armas, Área Misiles, en Fragatas y/o Corbetas (A Coruña) – Carreras (tragsa.es) 1 – Formador/a – Especialidad de Comunicaciones en Fragatas y/o …
Plazas con perfil marítimo para el Grupo TRAGSA – 12 plazas Read More »
