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Marine World
Chevron Says Fading US Crude Growth Casts Pall On Port Projects
By Lucia Kassai Feb 8, 2025 (Bloomberg) –Slowing US oil-production growth is casting a pall over projects intended to expand crude…
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Marine World
Spot Rates Sink Post-CNY: Is a Price War Brewing in Asia-Europe Trades?
Despite large parts of the Chinese workforce continuing to enjoy the new year holiday, there was a partial return to…
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Port News
LNG spot rates enter negative territory in the Atlantic
The dire start to the year for LNG carriers has hit new low benchmarks with some ship types now in…
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Marine World
Container Spot Rates Slip as Lunar New Year Lull Kicks In
Despite the muted trading activity since China’s new year holiday began this week, spot rates on most major east-west ocean…
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Marine World
Container Spot Rates Dive as Lunar New Year and Suez Resumption Rattle the Market
The downward spiral of container spot freight pricing accelerated this week, as China begins its lunar new year celebrations this…
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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
LNG spot rates nosedive below breakeven
The LNG shipping markets have gone eerily quiet with many ships operating at below breakeven levels on the spot trades…
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