Tag: shipping market

According to an analysis provided by Xeneta, the dramatic spike in the ocean freight container shipping market is reaching its peak as importers push back against spiralling spot rates.

Mediterranean Shipping Company (MSC) currently commands a staggering 20% global container market share, with its fleet expected to keep expanding. 

The Shipping Market Overview & Outlook from BIMCO has been released which features an analysis of the container shipping market regarding supply and demand.

According to BRS Shipbrokers, the first half of the year is set to end with the lowest annualized tanker demolition level on record, with only 2 tankers scrapped so far into 2024 and multi-decade low deliveries expected throughout the year, the tanker fleet is set to age further this year.

As Brent crude futures experienced declines throughout May and early June, driven by concerns over sluggish oil demand growth and significant inventory builds, market dynamics have clearly shifted, IEA Oil Market Report (OMR) notes.

KPMG presents a shipping market overview, as well as trends and challenges, in an era where the maritime industry undergoes major changes. 

The Q2 2024 Shipping Market Overview & Outlook from BIMCO has been released which features an analysis of the tanker shipping market regarding supply and demand.

According to Gibson Shipbrokers' Tanker Market Report, oil markets once again are carefully watching for any comments from OPEC+ officials, with speculation building what the group will decide during their upcoming meeting on June 2nd.

The Baltic Exchange, the world’s independent source of maritime market data, has issued its report for the last week, 20th – 24th May 2024, to provide information of the bulk market performance.

The Baltic Exchange, the world’s independent source of maritime market data, has issued its report for the last week, 13th – 17th May 2024, to provide information of the bulk market performance.