Far East container spot rates to Brazil up by 230.5%
28 January 2021The shipping number of the week provides members with a brief analysis of relevant developments in the shipping markets.
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The shipping number of the week provides members with a brief analysis of relevant developments in the shipping markets.
BIMCO’s Chief Shipping Analyst Peter Sand will deliver the closing keynote speech, “What is happening in the shipping markets” at Digital Ship’s 4 th Annual Maritime CIO Forum in Rotterdam on 26 September 2017, at the Hilton hotel in Rotterdam, The Netherlands.
The shipping market and underlying profitability can only improve if the fundamental conditions (supply and demand) also improve. Therefore transportation of larger volumes, longer sailing distances in general or a lower increase of dry-bulk fleet size is a prerequisite for better markets to arrive.
2015 never really took off, even though the global economic activity looked stronger earlier in the year. The negative indicators seen at the end of 2014 were not overcome, and we saw a significantly lower level of growth for global GDP in 2015 than in the previous five years. This was primarily due to the struggling emerging markets and developing economies, led by changes in China’s economic focus.
BIMCO’s Chief Shipping Analyst, Peter Sand, will be speaking at the Dry Cargo Conference taking place on 1-2 June 2017 at the RAI Exhibition and Convention Centre in Amsterdam, The Netherlands. Discounts for BIMCO members available.
The shipping number of the week provides numbers with a brief analysis of relevant developments in the shipping markets.
Capesize: The surge in Capesize rates abruptly flattened off this week as global markets continue to be highly volatile.
BIMCO members can now monitor the price spread between Marine Gas Oil Low Sulphur and 380 centistoke High Sulphur Fuel Oil in 32 different ports around the world with daily information supplied by MABUX.
The shipping number of the week provides numbers with a brief analysis of relevant developments in the shipping markets.