Tag: freight market
Bunker Price Volatility To Remain Prevalent
Marine Bunker Exchange (MABUX) announced that fuel prices have stayed rangebound with no clear pattern in the tenth week of the year. The 380...
Top Shipping Line Scrapped A 1999 Feeder Ship
A recent news article published in Platts states that Maersk joins demolition trend.
Maersk Line scrapped a 1999 feeder ship
Maersk Line has sold a 1999-built...
An Alarm Bell For The Dry Bulk Market!
Emission rules to spawn multi-tier freight market
Earnings may stay at par among various ship sizes
Grim economic outlook may weaken freight levels
The...
US Gulf Coast Dirty Tanker Markets Readdress Queries After The Hush...
No fresh fixtures, cargoes reported upon arrival of storm.
Charterer queries prompt shipowner bullishness.
Aframax freight rose to five-month high in week ended...
Freight Rates Set To Stay High for The Next Few Years
Ocean carriers are confident they can keep freight rates at elevated levels at least for the next year, enabling them to extend vessel charters...
Containership Owners Make Good Revenue with Short-term Charters
Alphaliner reports that the 2021-built 5,295 post-panamax Orca 1 has achieved a staggering $300,000 a day from a Chinese forwarder for just 2-3 months.
This...
Old Container Ships in Demand
A variation on that 'buy-low, sell-high' strategy is exactly what some container shipowners are opting to do, capitalizing on a hot ocean freight market...
Hot Sea-cargo Market Urges Shippers To Flip Vessels
Monaco-based owner reportedly quadruples return on ‘Crete I’
Sale symbolizes demand strength in container shipping market.
A variation on that buy-low, sell-high strategy is...
Fed Economists See Freight Rates Surging Lifts Inflation
Some consumers of ocean freight services are chartering their own vessels to try to keep costs down, says an article published in Bloomberg.
Raising questions...
Oil Market Strengthens With Lowering Of Floating Storage
The volume of crude oil and condensate in tankers worldwide has fallen to a one-year low as the market's recovery gathers pace, and with...