Weekly Tanker Report – Week 9, 2022
The Baltic Briefing has issued the tanker report for the 9th week of this year. The report dated 04th March 2022 provides valuable insight into this week’s tanker market dealings, freight rates, and charter activities.
VLCC
The...
Weekly Bulk Report – Week 9, 2022
The Baltic Exchange has released a report about the dry bulk market for the 9th week of shipping activities of this year. The report dated 04th March highlights the dry bulk market conditions at the...
Ningbo Containerised Freight Index
Weekly composite index covering 20ft, 40ft and Hi Cube box rates says an article published in Baltic Exchange.
Ningbo Shipping Exchange
Route
2022-3-4
2022-2-25
Weekly change (%)
Ningbo - Europe
5337.42
5437.37
-1.84
Ningbo - West Mediterranean
5475.51
5544.72
-1.25
Ningbo - East Mediterranean
4434.75
4460.10
-0.57
Ningbo - Middle East
3057.76
3102.03
-1.43
The weeklyNingbo...
The Reason Behind Global Financial Crisis
Apart from banks, the war is going to lead to substantial losses for many businesses with interests in Russia.
Many of these debts will potentially end up being written off, causing serious losses.
...
Want To Improve Lung Health? Include These Food In Your Diet
While air purifiers and N95s are one approach to protect ourselves, you'd agree that a healthier diet is the best solution. The things we eat shape who we are and decide how long we...
Bunker Costs Of World’s Largest Bunkering Hubs Exceed $900
Bunker fuel prices have been on the rise since bottoming in the summer of 2020, but have accelerated rapidly to new record highs as global oil prices are now over $110 per barrel.
...
Omicron Outbreak Among Chinese Students
As of March 5, mainland China had confirmed 110,868 COVID-19 cases and 4,636 fatalities.
The Qingdao health authority also reported 27 new cases for Sunday as of 0600 GMT, all among people already...
Difficulties In Repatriating Ukrainian Crew
As the conflict in Ukraine continues, many Members and clients are having difficulties repatriating Ukrainian crew.
Some crew members may want to extend their contracts given the turbulence and uncertainty of the situation.
As...
War And Sanctions To Have Major Effect On Global Economy
Food and energy prices have surged in recent days and supply chains have frayed, adding to the inflationary pressures that policymakers were already struggling to tackle.
"This crisis will create complex policy tradeoffs,...
Ship Recycling Sector Sees Early Signs Of Disruptions
Strong demand in the ship demolition sector has been tempered by the war in Ukraine ‘which is creating some major uncertainty’.
The potential oil price impact of any disruption could also be very...