Tag: shipping finance

In latest BIMCO’s ‘Shipping Number of the Week” analysis, Chief Shipping Analyst, Niels Rasmussen, looks at the high values for five-year-old Aframax, Suezmax, and VLCC crude tankers, which now stand at respectively 96%, 85%, and 83% of newbuilding prices.

The Port of Antwerp-Bruges has released its on quarterly report with facts and figures about its operations, for the first three months of 2023.

In this week’s  Shipping Number of the Week, BIMCO looks at the container order book and notices significant change. 

Last week, GasLog Ltd and GasLog Partners LP, owners and operators of LNG carriers, announced that they  entered into an agreement under which GasLog will acquire all of the GasLog Partners LP common units that are not beneficially owned by GasLog.

In latest BIMCO's 'Shipping Number of the Week” analysis, Filipe Gouveia, Shipping Analyst, BIMCO, explores what is driving the surge in the price for second-hand capsize ships which has increased threefold in March compared to February levels.

In this week’s  Shipping Number of the Week, BIMCO looks at the first quarter decline in Japan’s dry bulk imports and weak demand for steel.

The latest ocean freight rates data from Xeneta suggests an increasing “normalization” of the reefer market, with spot rates from the Far East to Northern Europe now back to pre-pandemic levels.

In this week’s “Shipping Number of the Week” from BIMCO, Shipping Analyst, Filipe Gouveia, examines why Brazil is heading for a record soybean harvest and sharp rise in exports this year, despite a slow start to the year.

CMA CGM, a container transportation and shipping company based in France, has released its 2022 financial results, in which it evaluates last year's shipping economy, forecasting this year's course. 

Maritime Strategies International (MSI) has released a report stating that Asia, and in particular China, is expected to dominate oil demand growth in 2023, but overall cargo volumes look set to be relatively restricted despite distance-driven gains. The upside in crude and and products markets during February may seem promising, but owners must be aware of the unstable nature of supply and demand.