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In order to decipher this historic level of freight rates we will focus on the drivers in three different parts: 1 – Cargo supply and demand This is the perspective where record VLCC rates are least justified. Global crude departures have been around 44mbd over the last 2.5 months, about 5mbd lower than over the ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
JD Sports Fashion, which often collaborates with TV personalities such as Maya Jama (pictured), said it was operating against a 'tough global consumer backdrop'.
After last weeks fixing frenzy with rates jumping into the WS 800’s for Fujairah-GOO eastbound cargoes things have calmed down this week. Source: Fearnleys A.S
UK-listed Ashtead Technology said it had received a £500m offer from US private equity firm Ember Infrastructure Management.
“Disruptions and strong growth in head-haul trades continue to support the container shipping market in 2026, but accelerating fleet growth could weaken the supply/demand balance in 2027,” says Niels…
Share markets in London have been through a brutal period. The number and value of bids for UK companies have been running at exceptionally high levels.
The ship recycling market has retained its overall strength, on the back of strong buying sentiment. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said…
