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Market Reports

Intermodal Weekly Market Report [W27]

The first half of 2024 has been a dynamic period for the tanker market, characterised by a number of significant events and evolving trends...

Intermodal Weekly Market Report [W26]

During the second quarter, we have observed an unprecedented surge in bauxite exports from Guinea, reaching a new record high of 38.01 million tons...

Intermodal Weekly Market Report [W02]

The onset of 2024 has ushered in a downward trend for dry bulk owners…

Intermodal Weekly Market Report [W01]

In 2023, the global seaborne chemical trade reached a volume of 372.5 million tons, not only representing a recovery with a growth rate of...

Intermodal Weekly Market Report [W50]

As 2023 draws to a close, the global shipping industry confronts significant challenges due to environmental and geopolitical issues impacting the Panama and Suez...

Intermodal Weekly Market Report [W49]

Intermodal's recent participation in the Busan International Port Conference marked a significant step in keeping abreast of the evolving dynamics of the global shipping...

Intermodal Weekly Tanker Report [W48]

Over recent weeks, there has been a significant increase in earnings for dry bulk cargo transport across all sectors, with particular attention on Capesize...

Intermodal Weekly Market Report [W47]

In Europe, refiners have faced challenges accumulating diesel inventories following the ban on Russian oil products despite notable diesel yields, while production has consistently...

Intermodal Weekly Market Report [W46]

As we approach the end of 2023, it becomes pertinent to examine the development in the supply of bulk carriers throughout the year...

Intermodal Weekly Market Report [W42]

As we approach the end of October, we are beginning to see the seasonality in the soybean and corn trade...

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Icon Energy announces listing on Nasdaq and pricing of $5.0 million initial public offering

Icon Energy, an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes, announced the pricing of its initial public offering...

Gunvor secures US $1.32 billion sustainability-linked syndicated RCF

Gunvor Singapore, a wholly-owned subsidiary of Gunvor Group Ltd, has closed a US $1.2 billion sustainability-linked, syndicated revolving credit facility on 14 June 2024. The...

Stolt-Nielsen limited reports double first half profits compared to previous year

Stolt-Nielsen Limited reported unaudited results for the second quarter and first half ending May 31, 2024. The Company reported a second-quarter net profit of...

TEN declares dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares

TEN a leading diversified crude, product and LNG tanker operator, announced that its Board of Directors declared the regular quarterly cash dividend of approximately...

DOF Group has entered into an agreement to acquire Maersk Supply Service

DOF Group ASA announced that it has entered into an agreement to acquire Maersk Supply Service A/S (“MSS”) to further enhance its position as...

Yemen’s Houthis Conduct Military Operations In Gulf Of Aden

Yemen’s Houthis said on Sunday they had conducted two military operations, one in the...

Baltic index extends gains as rates for smaller vessels rise

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry...

NYK acquires gas, product tanker and bulker fleet from Eneos Ocean

Nippon Yusen Kabushiki Kaisha agreed to acquire Shipping Business of ENEOS Ocean Corporation from...

Baltic index snaps 5-day losing streak on higher vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry...

Panama Canal expects new water reservoir for ship crossings in 6 years

The Panama Canal expects to complete a billion-dollar construction of a new water reservoir...

Adani to double investment in Transshipment Port to $2.4 billion

Billionaire Gautam Adani’s conglomerate is doubling investment to $2.4 billion in its new mega port in southern India as it seeks to expedite expansion...

Germany: Hamburg port workers on ‘warning strike’ over pay

Workers at the Port of Hamburg stopped work early on Tuesday, with their colleagues at Bremen-Bremerhaven taking the same action several hours later. The trade...

US ports oppose tariff on China-made cranes

US ports are pushing back against the recently proposed 25 percent tariff on Chinese-made ship-to-shore (STS) cranes, warning that the increased costs would have...

EXPLORA I arrives in Piraeus for her maiden call ahead of the eastern mediterranean season

Piraeus Port of Athens welcomed EXPLORA I for her maiden call marking the ship’s debut in the Eastern Mediterranean. The ship is the first...

Marsa Maroc to operate Nador West Med container terminal – The North Africa Post

Marsa Maroc will operate the container terminal at the deep-water port, Nador West Med for 25 years, Moroccan media reported. Marsa Maroc will have to...