January 18, 2021
As oil prices head north again, ocean carriers are preparing to ramp up low-sulphur fuel surcharges to add to the misery of shippers struggling with...
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Shipping News
January 18, 2021
Congestion delaying LNG shipments via the Panama Canal is expected to last through the peak demand winter months, traders close to the situation said, although...
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January 15, 2021
The Baltic Exchange’s main sea freight index that tracks rates for ships carrying dry bulk commodities fell on Thursday, ending an eight-session winning streak, weighed...
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January 15, 2021
Congestion delaying LNG shipments via the Panama Canal is expected to last through the peak demand winter months, traders close to the situation said, although...
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January 15, 2021
The turbulence of the past year has in many ways clouded the underlying fundamentals in the dry bulk shipping market, but with 2020 now behind...
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January 14, 2021
The Baltic Exchange’s main sea freight index extended gains for the eighth consecutive session on Wednesday, buoyed by rising capesize rates and as supramax index...
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January 14, 2021
Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recovery and...
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January 14, 2021
Demand for ocean shipping services is likely to remain unusually high and supply will remain tight for some time as shippers and carriers adapt to...
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January 13, 2021
The Baltic Exchange’s main sea freight index rose to its highest since October last year as capesize rates continued to firm. (more…)
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January 13, 2021
The cost of shipping liquefied natural gas (LNG) from the United States to Asia hit a record high on Tuesday as appetite for the fuel...
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January 12, 2021
The Baltic Exchange’s main sea freight index climbed about 10% to its highest level in three months on Monday as soaring coal demand from China...
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January 11, 2021
Iran said on Sunday that South Korea should avoid politicizing the seizure of its vessel by Iranian Revolutionary Guards in the Gulf, Iranian state media...
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January 11, 2021
The United Arab Emirates will reopen all its land, sea and air entry points with Qatar starting Saturday, state news agency WAM reported on Friday....
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January 8, 2021
Investment company United Overseas Group (UOG) is to acquire Dubai-based shipping company United Arab Chemical Carriers (UACC), the two companies said on Thursday. (more…)
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January 8, 2021
The Baltic Exchange’s main sea freight index that tracks rates for ships carrying dry bulk commodities rose for a seventh session in a row on...
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