Capesize This week the market saw a slow start, with a healthy supply of tonnage in the Pacific and limited enquiry, particularly from East Coast Australia to China. The market continued to deteriorate on thin volume. By the middle of the week all three majors were in the market from West Australia to China, albeit …
Dry Bulk Market: Capesizes Show Signs of Improvement Read More »
Clean LR2 LR2s in the MEG this week saw a quick turnaround and a rapid surge in freight rates. TC1 hopped up 21.25 points to WS178.75 (a round-trip TCE of $45,564 /day). TC20 also shot up, adding $628,000, the index is currently pegged at $4,557,143 after reports of $4,550,000 on subjects. West of Suez, Mediterranean/East …
A deal allowing the safe Black Sea export of Ukraine grain could start winding down next week after Russia said it will not approve any new vessels unless their operators guarantee the transits will be done by May 18 – “the expected date of … closure.” Russia has strongly signaled that it will not allow …
Black Sea grain deal could start winding down next week ahead of ‘expected’ closure Read More »
La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …
MSC recibió portacontenedores “MSC Loreto” de 24.346 TEUs Read More »
La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …
Servicio conjunto Panama Direct Line de CMA CGM y Marfret volverá a recalar en Zeebrugge Read More »
La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …
The Baltic Exchange’s main sea freight index climbed up for a third session on Friday, ending the week higher on stronger capesize vessel rates. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, jumped 72 points, or 5%, to 1,504. The main index was up 4.8% for the week. The …
Baltic index logs weekly gain on capesize demand Read More »
“Change is afoot in China,” according to Wood Mackenzie principal economist for the Asia Pacific region, Yanting Zhou. With economic growth slowing, rising political tensions between China and the US, and global supply chain restructuring, ‘disruption’ is batting at China’s external markets. “The new government has much to do to accelerate the recovery of the …
Drewry’s composite World Container Index increased by 4% to $1,773.58 per 40ft container this week – the first increase in 15 weeks. Our detailed assessment for Thursday, 20 April 2023 • The composite index has increased by 4% this week, but has dropped by 77% when compared with the same week last year. • The …
Drewry: World Container Index Up by 4% This Week Read More »
Western price caps on Russian exports coincide with steep discounts on Russian crude and diesel — but not because of the caps themselves. There are fewer buyers of Russia’s exports, with the EU, U.S., U.K. and Australia banning cargos altogether and others pulling back in fear of future sanctions. The lower the competition, the lower …
Price cap on Russian crude could soon face its biggest test Read More »
