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The New ConTex showed the largest week on week increase in almost 18 months. The jump was driven by a particularly strong 12 months fixture Source: Verband Hamburger und Bremer Schiffsmakler e.V
Methanol bunkering has spread across Europe, Asia and parts of North America, with more ports, physical suppliers and bunker vessels coming into the picture. Several methanol bunker locations have been established in Eu…
Last week’s dry freight retreat appeared to offer recycling buyers the opening they had been waiting for. It did not last. The Baltic Dry Index recovered from 2,545 on October 15 to 2,693 on…
Copper futures fell toward $6.40 per pound on Thursday, reaching their lowest level in five weeks as a global selloff in artificial intelligence stocks dampened sentiment toward the metal. Copper remains a key beneficia…
As industry leaders gather in London for one of the world’s largest metals events, S&P Global Energy Platts presents the LME Week thought leadership series, examining the forces redefining global metals markets and shap…
VLCC rates have been under pressure in the week gone by, shedding WS 100-150 points depending on the voyages in question. The “weaker” Source: Fearnleys A.S
Azamara Cruises will bring its Azamara Forward renovation program to the Azamara Journey during a two-week drydock in November 2028, the company said in a press release. CEO Dondra Ritzenthaler said the program lets…
China’s rapidly expanding automotive exports have emerged as a key driver of the Pure Car and Truck Carrier (PCTC) market Source: Intermodal
A number of newbuilding orders were reported over the past week. In its latest weekly report, shipbroker Banchero Costa commented that “newbuilding activity this week was broad-based, with significant contracting across…
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was up for a second session on Tuesday, rising about 1.9% to a near one-week high of 2,593…
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