Tag: Freight
Instructions For Shipping Temperature-Sensitive Freight
If a shipment has specific temperature requirements, failure to meet them can cause items to lose their value — decreasing product acceptance rates and...
Freight Rates Surge Amid Demand & Supply Imbalance
China's exports recovered fast from the COVID-19 pandemic but delivering goods overseas has become difficult due to increasing shipping costs, says an article published...
Several VLCCs Queue To Offload Crude as Ullage Runs Dry
Lack of ullage at the tank farms in Qingdao port has forced VLCCs to wait for up to three weeks.
Currently, 20 VLCCs...
Tanker Freight Rates Tumble Ahead of OPEC+ Talks
Supertanker freight rates have fallen after seeing a high last week.
Freight rates can drop further if OPEC+ countries decide to cut output...
Baltic Exchange And Freightos Unveil Visibility in Freight Rates Indices
Daily spot ocean freight rate indices for 40-foot containers are available via the Baltic Exchange and the Freightos.
It will add real-time, transparent...
Coronavirus Making Charterers Switch To Bulk Freight As Rates Wreak Havoc!
Blank sailings have made it impossible for the containers to reach in time in the US
Shippers are at a shortage of container...
Shipping Industry Facing Historic Capacity Crunch Due To Blank Sailings
Freight forwarders to Asia facing tightest capacity crunches due to labor shortage.
CMA CGM is set to blank 23 North Europe-Asia sailings from...
Coronavirus Creates a New Demand for Product Tankers
Product-tanker spot rates have risen when freight rates are collapsing.
LR2s with a capacity of 80,000-119,999 DWT is now around $26,000 per day.
...
American Tanker Rates On A High As IMO Deadline Approaches
Freight for the 270,000 mt VLCC US Gulf Coast-China route has so far averaged $11.4 million in December.
Sulfur bunker costs in the...
Tanker Rates Continue To Slide, Shippers Remain Hopeful
VLCC spot rates had touched $300,000 a day in the week ended 11 October, before diving to below $100,000 a day at the...