BIMCO: Grain shipments to China drop 51% amid low demand
“In January, grain shipments to China are estimated to fall 51% y/y, partly due to a decline in import demand…
Baltic index hits near two-year low on weaker rates across vessel segments
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended its losses…
FMC chair questions ‘level playing field’ in Panama Canal operations
The comments by Louis Sola during a Senate hearing come amid rising US scrutiny of Chinese influence over the crucial…
Global Demolition Activity in 2024 Down to 368 Units
The global demolition activity declined to 368 units being demolished during 2024, versus 449 in 2023 and a further 414…
Shipping: More S&P Deals Coming Through
More and more deals are being reported in the S&P market, as things are starting to heat up. In its…
How the Year of the Snake could shape shipping as new leaders show their hand
Lunar New Year’s ushering in of new zodiac animal bodes well for a calm year on the shipping front
Senate confirms Sean Duffy as Secretary of Transportation
The former Wisconsin congressman and Fox Business host was confirmed by a 77-22 vote on Tuesday.
Trans-Pacific carriers determined to win higher contract rates this year: sources
Liners believe they left money on the table in 2024-25 service contracts, sources tell the Journal of Commerce, and are…