Freight rates for Aframax tankers on Black Sea-Mediterranean and cross Mediterranean routes almost doubled on Friday to their highest since July, driven by demand for loadings at the end of November at a time when many Aframaxes are storing oil at sea.
News ID: 70251 Publish Date : 2016/11/14
As the container shipping industry goes through “generational changes” US Federal Maritime Commission (FMC) chairman Mario Cordero says shippers will have to accept that “rates will rise at some point”.
News ID: 70136 Publish Date : 2016/11/12
As the container shipping industry goes through “generational changes” US Federal Maritime Commission (FMC) chairman Mario Cordero says shippers will have to accept that “rates will rise at some point”.
News ID: 70136 Publish Date : 2016/11/12
China COSCO Shipping will not raise its shipping prices as it had planned, reports Caixin quoting shipping agency representatives at Shanghai’s port.
News ID: 69105 Publish Date : 2016/09/29
Freight rates for very large crude carriers (VLCCs) are likely to remain under pressure next week as charterers drip-feed cargo in the face of surplus tonnage,Reuters reported.
News ID: 69102 Publish Date : 2016/09/29
Denmark’s shipping conglomerate AP Moller-Maersk saw its first half profit plunged 87% year-on-year to $342m, impacted mainly by lower container freight rates and oil prices.
News ID: 68152 Publish Date : 2016/08/13
The downwards trend line in Asia-Europe spot freight rates has finally been reversed, data from World Container Index Shanghai-Europe shows.
News ID: 68019 Publish Date : 2016/08/07
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday on higher demand across all vessel segments.
News ID: 66230 Publish Date : 2016/07/03
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday on higher demand across all vessel segments.
News ID: 66230 Publish Date : 2016/07/03