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Port News
Xeneta moves to take spot box freight rate mantle from the Shanghai Shipping Exchange
Oslo-headquartered Xeneta has moved to fill the gap left by the Shanghai Shipping Exchange in supplying the container shipping industry…
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Port News
Diana Shipping newcastlemax fixed at its best ever rate
NYSE-listed Greek dry bulk owner Diana Shipping has sealed a new time charter contract with Classic Maritime for 2012-built newcastlemax…
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Port News
Euroseas charters out feeder boxship at more than double the previous rate
Nasdaq-listed Greek containership owner Euroseas has sealed a new time charter contract for 1999-built 1,732 teu boxship . The new…
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Port News
Suez blockage sparks box spot rate rally
Shippers have another reason to rue the . The repercussions of the giant ship’s grounding on the Suez Canal late…
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Port News
Container rate contagion spreads to Latin America
The latest spot rates published by the Shanghai Containerised Freight Index (SCFI) today show prices inching upwards on the main…
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Marine World
BP Books Tanker for Storage at Lowest Rate This Year
By Florence Tan and Roslan Khasawneh SINGAPORE, Sept 10 (Reuters) – Oil major BP has provisionally chartered a supertanker to…
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Maritime News
BP Charters Supertanker to Store Oil Off Malaysia at “Lowest Rate Yet”
Oil major BP has provisionally chartered a supertanker to store crude oil off Malaysia at this year’s lowest rate yet,…
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Maritime News
Sea Intelligence: Carriers to see $9 billion profit in 2020 if they manage to keep current rate levels
Container shipping companies’ fight to maintain freight rates high through capacity management seems to have paid off, beating forecasts on…
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Maritime News
BIMCO Tanker Rate Analysis: Reality Kicks In, Rates Fall
Tanker shipping: sky high freight rates replaced by reality of falling global oil demandGeopolitical tensions have now eased, leaving freight…
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Maritime News
Oil Economics: Freight Rate Surge Cuts into Trader's Profits
A jump in freight rates has shaved profits for oil traders seeking to store crude for sale towards the end…
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