USG Supramax demand still lower than expected
The US Gulf (USG) Supramax freight market remained relatively quiet over the month, although market participants expected firmer rates for September laycans. Transatlantic voyag...
Panamax
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USG Supramax rates inched up across all trades
USG Supramax ship owners enjoyed another month of positive corrections for spot shipments. Spot tonnage vs cargo ratio was gradually shifting towards owners’ favour, giving the ...
USG Supramax market evolving in owners’ favour
The USG Supramax freight market followed a positive mode this month. There was an overall increase in activity and fresh cargoes across major routes. Players tried to adapt to o...
USG Supramax freight market facing uncertainty
The USG Supramax freight market had a volatile month. At the beginning of the month, rates skyrocketed on all routes, amid rising bunker prices and increased uncertainty for own...
USG Supramax market presents a mixed picture
The USG Supramax spot freight market started the month on a strong mode with owners being able to maintain robust levels. But by the second half of the month, sentiment softened...
USG Supramax market still strong for shipowners
The USG Supramax spot freight market strengthened confidently in August. The USG region maintained a consistent pace of cargo flows on all routes, allowing owners to push rates ...
Phinma Corp will bring panamax vessels to Mariveles Terminal
The Phinma group will invest PHP500-700m (US$9.5-13.4m) on its Bataan cement terminal in Philippines. The Mariveles cement terminal will be ideal for large panamax vessels and i...
Setubal project to attract cement businesses with panamax berths
Blue Atlantic of Portugal is aiming to offer one of the most efficient cargo transport routes in out out of Europe with plans for an 800m quay able to berth two Panamax vessels ...
Shipping market set for multi-year recovery
Despite bouncing back from the historic lows seen in February 2016 (290 points on 10-11 February), the Baltic Dry Index (BDI) continues to experience downward trends, as seen in...
Dry bulk freight market lifts on capesize advance
The dry bulk freight market appears to be picking up as capesize vessels are reported to leading the uplift. The Baltic Dry Index has started to show some improvement although i...