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Tag Archives: Shipping

Shipping

Shipping News

Speculators Creates Waves In The Asian Bulk Carrier Market Despite the global economic recovery that is keeping shipping demand high in Asia, charter rates for large bulk carriers have been fluctuating wildly, driven by investors trading contracts for future carrier …

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Shipping

Shipping News

Container Shippers And Lines Battle Over Emergency Bunker Fuel Surcharges Several of the world’s largest container shipping companies have imposed emergency bunker surcharges upon their customers in the past two weeks, seeking to claw back revenues lost to rising fuel …

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Shipping

Shipping News

China planning more US coal imports to cut deficit China is considering a plan to buy more American coal as part of an effort to narrow its trade deficit with the US, sources quoted as saying last week. Chinese officials …

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Shipping

Shipping News

Capesize market’s downside momentum looks to be slowing down The Capesize index has broken support and is now in a corrective phase having made a fresh market low. Downside momentum is showing signs of slowing as we approach the technical …

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Shipping

Shipping News

Panamax index looking bearish The Panamax index is now on the lower range support and at major Fibonacci level. Technically bearish the index needs to see a close above US$10,261 for the trend to be considered as turning. However, and …

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Shipping

Shipping News

Shipping industry braces for new sanctions on Iran The US decision to reinstate sanctions on Iran over its nuclear program, may result in more trade, to and from the Persian Gulf country, on ships controlled by European companies, but credit …

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Shipping

Shipping News

Baltic index falls on broad retreat The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fourth consecutive session on Tuesday, hurt by weaker rates across all vessel segments. The overall index, …

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Shipping

Shipping News

First-ever independent audited benchmark for container shipping For the first time ever the global container shipping industry will have an independent, audited benchmark thanks to an innovative tie-up between the Baltic Exchange, the most trusted name in freight benchmarking, and …

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Shipping

Shipping News

Dry bulk FFA: panamax in bearish territory Price action in the Panamax index has now entered bearish territory on the daily chart. However, the longer-term picture would suggest we have been in a technical range for the last 7 months …

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Shipping

Shipping News

Shipping fuel costs to spike 25pc in 2020 on Sulphur Cap Global shipping fuel costs are likely to rise by a quarter, or $24 billion, in 2020 when new rules limiting sulphur kick in, consultants Wood Mackenzie quoted as saying …

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