Tag: freight market
The Year of Unexpected Turnaround for Container Shipping
With the onset of the Covid-19 pandemic in the first quarter of 2020, it did not look like being a good year for container...
Tanker Freight Rates Tumble Due To Unwinding Floating Storage
Diamond S currently owns 66 ships across both the crude and product tanker segments.
It comprises of 15 Suezmaxes, one Aframax, and 50...
Clash of Prices in Asia-Europe Tradelanes As Demand Rules
As lockdowns are easing, demand for container freight gradually gets back on its feet to take the first tentative steps toward recovery.
However,...
Baltic Index Recovers But Coronavirus Scare Keeps the Mood Down!
Baltic Index soaring but the moods remain pessimistic due to coronavirus scare.
China dependent markets are taking the hit.
Chinese holiday extension caused...
Euronav: Summarizing the Tanker Market of 2018 and Beyond
Challenging freight market for crude oil tanker industry with reduced OPEC-driven production and excess supply of large tankers.
The highest level of older...