The benchmark Baltic Dry Index (BDI) dropped below the psychological threshold of 1,000 points on Wednesday. The index dropped 4.83% to 966 points on 8 January.
Can the dry bulk shipping market turn around from the slump in Q4 2024, or will supply of new ships out weigh demand?
In the first episode of the Seatrade Maritime Podcast for 2025 you will hear from Maritime Strategies International (MSI) analysts Adam Kent, Daniel Richards, Will Fray, and Tim Smith. They will ...
Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a ...
Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America. Michèle first came to Panama as a ...
Cosco Shipping Bulk has inked a contract for ten 82,000 dwt bulk carriers with Jiangsu Hantong Heavy Industry. The vessels will be charted to Chinese financial service provider Everbright ...
In a five-part series mid-year we take stock of shipping markets in the first six months of the year and look ahead to the remainder of the 2024 with experts Maritime Strategies International (MSI).
The 27-year long-term LNG purchase and sale agreement is an important part of the integrated cooperation between the two parties, which will work together on Qatar's North Field Expansion Project.
At the recent IMO Marine Environment Protection Committee (MEPC) it was agreed the level of ambition for reducing CII as an average across the industry would be by 40% in 2030 compared to 2008 ...
In the third part of our shipping market outlook series we are focusing on the dry bulk sector with Will Fray, a Director of Maritime Strategies International (MSI). Speaking to the Seatrade ...
Average rollover rates at ports surveyed by Ocean Insights increased to 37% in December and in some ports went past the 50% mark. The level of rollovers is calculated on the basis of percentage of ...
The project's builder was chosen by tender. Construction costs are estimated at $600m for the port and the administrative area at the port entrance within scope. The first pier is expected to be ...