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Port News
Box charter to freight rate ratio hits record high of 289%
Containership utilisation has slipped below 90% on many of the sector’s biggest tradelanes, while the gap between box freight rates…
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Port News
Performance Shipping extends aframax charter at lower rate
Greece’s Performance Shipping has extended the time charter contract for an aframax tanker with Glencore subsidiary ST Shipping & Transport.…
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Port News
Diana Shipping extends post-panamax charter at reduced rate
New York-listed Greek bulker owner Diana Shipping has won an extension of a time charter contract for one of its…
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Marine World
Spot Rate Rollercoaster: Carriers Bank on GRIs Ahead of Lunar New Year
Asia-Europe carriers saw their early December general rate increases (GRIs) stick this week, with spot rates into both North Europe…
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Marine World
GRI Gamble: Carriers Play Hardball with Asia-Europe Spot Rate Hikes
By Gavin van Marle (The Loadstar) – Container shipping lines on the main east-west trades this week managed to reverse 15…
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Port News
Diana Shipping extends post-panamax deal at slightly lower rate
New York-listed Greek bulker owner Diana Shipping has extended the time charter contract with Aquavita International for one of its…
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Maritime News
US Importers Balk at Return of $10,000 Container Shipping Rate
The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York…
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Marine World
Spot Rate Surge to Continue Post-Golden Week
By Gavin van Marle (The Loadstar) – Since the 1 July implementation of a series of peak season surcharges (PSS) and…
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Port News
Diana Shipping secures NYK Line charter extension at bumper rate
New York-listed Greek bulker owner Diana Shipping has won an extension for the time charter contract with Nippon Yusen Kabushiki…
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Marine World
Continued Spot Rate Surge Looms with New FAK Hikes and Surcharges
By Gavin van Marle (The Loadstar) – As expected after last week’s surge in spot rate levels, this week saw more…
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