2020 volatility boosted freight volumes, says Baltic Exchange
The 2020 pandemic increased traded volumes concerning the freight derivatives markets, for both tankers and dry cargo vessels, according to the Baltic Exchange.
Read moreThe 2020 pandemic increased traded volumes concerning the freight derivatives markets, for both tankers and dry cargo vessels, according to the Baltic Exchange.
Read moreAccording to Xeneta, the carrier segment appears to be negotiating the COVID-19 storm with some success, at least in terms of safeguarding its vital long-term ocean freight rates.
Read moreBoth long- and short-term rates have remained stable even as the COVID-19 pandemic has forced large parts of the global economy to shut down and thereby lower demand for container shipping, says BIMCO's Chief Shipping Analyst, Peter Sand.
Read moreFollowing the rapid developments around the coronavirus, TT Club in collaboration with international lawyers, HFW, outlines how freight forwarders, logistics service providers and other intermediaries can protect themselves legally and minimise their liabilities, while providing a quality service to their customers.
Read morePort of Gothenburg recently published its freight figures for 2019, presenting a growth in its container volumes. Specifically, 456.000 TEU were transported through the port's rail infrastructure, marking the largest rail volume in the port's 400-year history.
Read moreA recent study carried out in the Laboratory of Industrial Management at Åbo Akademi University indicates that improved ship utilization rates and investments in environmentally sustainable technologies for enhanced energy efficiency would not only significantly reduce carbon dioxide emissions within navigation but would also contribute to lowering freight costs.
Read moreThe freight volume of south China's Pearl River set a new record in 2019 by exceeded 1 billion tonnes, second only to that of Yangtze River in China. According to the Pearl River Administration of Navigational Affairs under the Ministry of Transport, the river's freight volume, which ranks second in the world, increased by 5.5% year on year in 2019.
Read moreWith Westbound Transatlantic box volumes marking an increase of 5.4% in the first six months of 2019, its box volumes continue to rise even the growing headwinds.
Read morePort of Antwerp launched its 2019 results now that the year has come to an end, presenting strong growth for the seventh year in a row, showing a positive impact not only in its economic sector but in the social sector as well.
Read moreThe latest Shipping Confidence Survey from BDO, shipping adviser and accountant, reports that the last quarter reached its highest level for 18 months, despite the feeling of uncertainty due to the upcoming 2020 sulphur cap.
Read more