Dry Bulk Market: Freight Rates and Ships’ Prices on the Rise
ATHENS : The dry bulk market is witnessing a “euphoria” phase of past times, with freight rates and asset prices on the rise over the past few weeks.
Baltic index hits one-week low on weaker vessel rates
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a one-week low on Thursday, dragged by weaker
Drewry: Multipurpose Time Charter Index expected to increase further in July
LONDON : The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the
Hapag-Lloyd facilitates shipment of Mobile Container Lab to India
HAMBURG : In an exciting collaboration with the Hamburg University, Hapag-Lloyd has successfully shipped a Mobile Container Lab to India. This innovative lab, designed for the research of
DP World Mundra welcomes the maiden call of South East Asia-Western India-Middle East service
MUNDRA : DP World, a leading global provider of smart end-to-end supply chain solutions, welcomed the inaugural voyage of a new weekly mainline service, connecting South East Asia,
Vincent Clerc speaks to ‘massive impact’ of the Red Sea situation on global supply chains
COPENHAGEN : Maersk CEO Vincent Clerc has said that the coming months will be challenging for carriers and businesses alike, as the Red Sea situation stretches into the
Box shipments from Africa, Middle East, India and Pakistan to be collected via Secure Chain in Rotte
ROTTERDAM : Beginning 1 October 2024, container shipments from Africa, the Middle East, India, and Pakistan must utilize the Secure Chain system at the port of Rotterdam. Major
Hapag-Lloyd increases rates worldwide
HAMBURG : Hapag-Lloyd announced that a General Rate Increase (GRI) will be implemented for all cargo in dry and reefer containers from the South America East Coast to
Hapag-Lloyd unveils new brand name for its terminal division
ROTTERDAM : Effective from 1 July, Hapag-Lloyd’s Terminal and Infrastructure division adopted a new brand name to reflect its forward-looking growth ambitions and deep-rooted maritime tradition: Hanseatic Global
Baltic index hits near 2-month high as capesize rates gain
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit its highest level in nearly two months on Monday