In 2022, Chinese shipyards reached a market share of 47% and for the first time exceeded the combined market share of Japanese and South Korean shipyards, says Niels Rasmussen, Chief Shipping Analyst at BIMCO.
Read moreDetailsThe Baltic Exchange’s main sea freight index, rose to a one-week high on Monday as capesize vessels segment logged its biggest single-day gain since mid-December, Reuters reports.
Read moreDetailsThe Baltic Exchange, the world’s independent source of maritime market data, has issued its report for the last week, 06-10 February 2023, to provide information of the bulk market performance.
Read moreDetailsDrewry’s composite World Container Index decreased by 2% to $1,997.22 per 40ft container this week, according to latest data by Drewry.
Read moreDetailsThe two countries signed a strategic cooperation agreement on shipping finance with the aim to establish a collaborative network to stimulate communication among shipping companies and financial institutions from both international shipping centers, according to Xinhua news.
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