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With an effective majority of 167 in the Commons Andy Burnham's government ought to be decisive. Instead, John Healey's Budget was timid.
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The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was up for a second session on Thursday, rising by 2.3% to its highest since October 13 at…
The container charter market once more continued to edge more sideways than higher, with the New ConTex gaining 8 points to 1,682, up 0.5% Source: Verband Hamburger und Bremer Schiffsmakler e.V
VLCC rates from the US Gulf and West Africa have fallen from historical peaks by 27% and 32% respectively over the past two weeks, with smaller tankers following.
China’s property slump has turned Asia’s cement trade inside out. The cargo has not grown much, but it now travels much further, and Supramaxes are doing most of the extra work.
“Geopolitical disruptions continue to cloud the dry bulk market outlook. The effective closure of the Strait of Hormuz remains the largest source of uncertainty, while attacks on ships and port…
Fujairah records the largest concentration of waiting bulk vessels. More than six months into the Middle East shipping crisis, vessel waiting remains elevated across the Arabian Gulf and Gulf of Oman.