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Tag Archives: Shipping

Ports & Shipping

Shipping News

Asia tanker markets may face unpredictability For the Asian dirty and clean tanker markets, 2018 was a mixed bag that saw a fragile start but only to end on a fairly strong footing, while 2019 is expected to be a …

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Ports & Shipping

Shipping News

South korean shipbuilders to benefit from LNG ship orders in 2019 South Korean shipbuilders are expected to continue to benefit from a growing number of liquefied natural gas (LNG) ship orders this year, sources in the industry quoted as saying …

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Shipping

Shipping News

Container market improving, but still shaky A less than convincing performance in the Asia to Mediterranean headhaul market and a sharp fall in Turkish imports have dulled westbound growth prospects. After a flat second quarter, westbound Asia to Mediterranean volumes …

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Shipping

Shipping News

Korean shipyards almost sweep LNG ship orders South Korean shipbuilders have bagged over 80 percent of new orders placed around the globe this year to build liquefied natural gas carriers, according to industry data on Tuesday. According to the data, …

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Shipping

Shipping News

USGC clean tanker rates hit multi-year highs Rates in the Americas clean tankers market for vessels leaving the US Gulf Coast in early December are up to multi-year highs after US Gulf Coast-Caribbean and USGC-East Coast Mexico routes were assessed …

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Shipping

Shipping News

Floating lng cargoes in Asia find buyers as prices plunge Several liquefied natural gas (LNG) cargoes that had been stored on vessels in Asian waters are now heading towards buyers’ terminals in China, Japan or South Korea as spot prices …

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Shipping

Shipping News

Dry freight index rebounds 20pc from 7-month low The Baltic Dry Index (BDI) – which tracks global dry freight rates – has rebounded by 20 percent over the past week from a seven-month low. The BDI was pegged last at …

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Shipping

Shipping News

Stronger capesize demand pushes up baltic index The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Wednesday, buoyed by higher demand for capesize vessels. The overall index, which factors in rates for …

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Shipping

Shipping News

South Korea takes top spot in global ship orders South Korean shipbuilders clinched the No. 1 position in new orders worldwide in the first 10 months of the year, outpacing Chinese rivals, according to industry data last Tuesday. According to …

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Shipping

Shipping News

Smaller ports pip major ones in cargo traffic growth, share rises to 42 percent Non-major ports are gradually eating into the share of major ports in cargo traffic. Between FY12 and FY18, the share of total cargo traffic held by …

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