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Friday, March 29, 2024

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Intermodal Weekly Market Report [W38]

2023 has been a very challenging year so far. We have seen the war in Ukraine still going on, persisting inflation, high interest rates,...

Intermodal Weekly Market Report [W37]

The OSV market has turned from an all-time low to great earnings in the past 2 years, as investments in the North Sea's Oil...

Intermodal Weekly Market Report [W36]

The diesel import landscape in Brazil has undergone a significant trans- formation with a surge in Russian diesel imports, impacting the energy and shipping...

Intermodal Weekly Market Report [W35]

Pitching up from Spring, oil prices have been under considerable pressure due to sluggish market fundamentals, or at least the perception of such, individual...

Intermodal Weekly Market Report [W34]

In recent weeks, Chinese economic data has suggested that the world's second largest economy may be slowing this year and into 2024...

Gibson Weekly Tanker Market Report [W34]

The state of California is a unique case in the US energy market, particularly when it comes to crude oil…

Intermodal Weekly Market Report [W33]

As of the latest update, the Panama Canal continues to grapple with the effects of a historic drought, impacting shipping markets in the region...

Intermodal Weekly Market Report [W31]

Soybean Brazilian export forecasts were released last week and various organisations that track this data conclude that exports this year will be between 96...

Intermodal Weekly Market Report [W29]

The recent commitment from Russia and Saudi Arabia to production cuts, coupled with Saudi Aramco's consecutive increase in OSPs to Asian customers, has prompted...

Intermodal Weekly Market Report [W26]

The assessment of the upcoming trade grain activity for the second half of 2023 reflects a nuanced sentiment, with a combination of favorable and...

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Latest Articles

Finance & Economy
Shipping News
Ports

Carnival rides on record cruise demand to lift annual profit forecast

Carnival Corp opens raised its annual profit forecast on Wednesday, anticipating a record year of bookings as the company benefits from a rise in...

TEN Beats Revenue Estimates In Q4

Tsakos Energy Navigation reported fourth-quarter FY23 Voyage revenue of $220.2 million, down from $270.3 million in the prior year quarter but above the consensus...

Euronav Announces Dividend Proposal And Further Fleet Optimisation And Growth

Euronav NV announces its dividend proposal at the Annual Shareholders’ Meeting and further fleet optimisation with the sale of three VLCCs, the delivery of...

BW Group Contemplating Block Sale of Shares in Hafnia

BW Group Limited has retained DNB Markets, part of DNB Bank ASA, Fearnley Securities AS, and Pareto Securities AS as Joint Global Coordinators and...

Euronav to Exit Belgium’s Blue-Chip Index Two Days After Joining

Tanker company Euronav will exit Belgium’s blue-chip Bel-20 index after just two days of trading, as it no longer meets the membership conditions after...

Cruise Division of MSC Group Further Strengthens Greece Offering

MSC Cruises and Explora Journeys to make over 400 calls to Greek ports in...

Houthis could partner with Iran, Somali pirates on Indian Ocean attacks

Yemen-based Houthi militants could keep the promise to extend their attacks to merchant ships...

Baltic index slides for seventh straight session

The Baltic Exchange’s main dry bulk sea freight index on Wednesday fell for the...

Shipping traffic freezes up in port waters after Baltimore bridge collapse

Ships sailing to the U.S. port of Baltimore dropped anchor in waters nearby while...

Baltic index hits near one-month low as rates drop for all segments

The Baltic Exchange’s main sea freight index dropped to a one-month low on Tuesday,...

Adani acquires 95% stake in Gopalpur Port

APSEZ has entered into a definitive agreement to acquire Gopalpur Port Limited (GPL) at an enterprise value of INR 3,080 crore Gopalpur is a road-rail...

Shipping traffic freezes up in port waters after Baltimore bridge collapse

Ships sailing to the U.S. port of Baltimore dropped anchor in waters nearby while vessels were stranded inside the port after traffic was halted...

MSC completes agreement for Clasquin

MSC Mediterranean Shipping Company, through its subsidiary SAS Shipping Agencies Services Sàrl, has announced an agreement to acquire a 42.06% stake in Clasquin, a...

Port Hedland Iron Ore Exports Steady in February 2024

Pilbara Ports delivered a total monthly throughput of 52.7 million tonnes (Mt) for February 2024. This throughput was a four per cent decrease compared to...

Successful transportation of electric busses through Port of Piraeus

A total of 140 Yutong electric busses were successfully transported, reaching the Port of Piraeus and efficiently unloaded at the car terminal station for...