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The Indian market remains active, particularly for specialized tonnage such as reefers and passenger vessels, while local steel prices Source: Best Oasis Limited
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
Panama Canal auction prices have hit record highs this month, driven by falling El Nino. Source: GIBSON SHIPBROKERS LTD
The Baltic dry index increased 0.7% to 2,863 on Friday, recovering after four consecutive sessions of losses. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and…
The week ends with the VLCC market on firm footing, owing mainly to a large uptick in activity, most of which has been under the radar. Source: Affinity Research LLP
The Drewry World Container Index (WCI), the benchmark widely referenced by procurement teams, increased 1% to $4,339 per 40ft container, driven by higher rates on the Transpacific trade route.
Peter Sand, Xeneta Chief Analyst: “The knock-on effect of almost half a year of disruption caused by war in the Middle East is now spreading into the long-term contract market.
China is entering the second half of 2026 with a smaller need for imported thermal coal, but not with a collapse in coal-fired electricity generation.