Tag: Shipping Market

June 14, 2024

Shifting trade routes and cancelled voyages resulted in a decline in cargo at the Port of Long Beach in May. Dockworkers and terminal operators handled 695,937 TEUs last month, an 8.2% decrease from May 2023. “I am confident we will […]

December 1, 2023

The dry bulk market has risen to its highest level in 18 months, with many market delegates stating that China’s efforts to rejuvenate the country’s economy and more specifically its real estate sector, is providing an important boost to the […]

September 25, 2023

Throughout the pandemic-influenced years of 2020 through 2022, when demand for trucks soared and capacity evaporated, third-party logistics providers and freight brokers assuaged shippers by simply locating a truck for their freight. Fast forward to 2023. Now, it’s a struggle, […]

March 6, 2023

Xeneta CEO Patrik Berglund said in late November that if spot rates had not stabilized and started to rise again by the first and second quarters of this year, “carriers have played this market really badly.” By that definition, ocean […]

October 7, 2019

The company added that the purpose of this research is to estimate maritime logistics by combining data and technology, and to explore the possibility of developing predictive models with high accuracy. “The shipping market is one of the more difficult […]

February 19, 2018

Overcapacity, weak ‘trading demand’ and weak OPEC output have depressed the conditions that usually boost long hauls in the tanker shipping market, according to BIMCO. As illustrated by the very weak rates for oil product transports during most parts of […]

December 27, 2017

Increased activity in a number of core areas in 2017 has seen the shipping market temperature rise a little, according to Clarksons Research. The shipping services provider’s ClarkSea Index, which measures the performance of key volume market sectors, averaged USD […]