Dry Bulk Market – Capesizes on correction mode : Baltic Exchange
LONDON : The week in the capesize market concluded with a continued trend of declining rates. In the Pacific region, despite the addition of a second major player
LONDON : The week in the capesize market concluded with a continued trend of declining rates. In the Pacific region, despite the addition of a second major player
Capesizes Throughout the week, the cape market has displayed remarkable resilience and positivity, defying challenges such as holidays in the Far East. The Pacific market saw strong activity
LONDON : The Drewry Dry Bulk Equity Index decreased 7.6% YTD, underperforming the S&P 500 which rose 8.1% YTD. The decline can be attributed to macroeconomic weakness caused
TEHRAN : Iran has detained a third tanker in the space of 19 days, as the confrontation over the control of maritime assets in the Persian Gulf heats
DEVON (UK) : “In 2022, demand growth for multipurpose vessels slowed significantly, while fleet capacity increased,” Susan Oatway says when summarising the breakbulk and project cargo year 2022.
PARADIP : Samsara Group are delighted to share that Samsara Shipping Pvt. Ltd. has been awarded as the “2nd Best Shipping Agent” for the year 2022-23 by Paradip
BELGIUM : PSA Breakbulk officially launched the Port of Antwerp’s first Project Cargo Ecosystem in Belgium on 19 April 2023. The opening event was attended by partners, clients, representatives of the
NEW YORK : Another meeting between a House speaker and Taiwan’s president, another spike in tensions in the Taiwan Strait. Last summer’s meeting between Taiwan President Tsai Ing-wen
SHANGHAI : Tanker markets have performed well over the first two months of the year, with sharp increases in spot earnings in both the crude and products sectors,
DURBAN : A crude oil tanker owned by Sanmar Delivery Ltd has been quarantined at Vizhinjam Port for 14 days from Monday after 5 crew members on the