Tag: shipping market

The Q2 2023 Shipping Market Overview & Outlook from BIMCO has been released which features an analysis of the container shipping market regarding supply and demand.

The Q2 2023 Shipping Market Overview & Outlook from BIMCO has been released which features an analysis of the tanker shipping market regarding supply and demand.

To minimize the high cost of pure car, truck carriers' (PCTCs) rates, Renault Korea will be transporting vehicles to Europe in 40-foot containers.

Seanergy Maritime announced two sale and leaseback agreements of the existing indebtedness over two vessels. Moreover, the M/V Championship has been refinanced through a new sustainability-linked loan provided by a major European lender.

In latest BIMCO’s “Shipping Number of the Week” from BIMCO, Shipping Analyst, Filipe Gouveia, looks at Brazil’s maize exports which could rise 8% in 2023, putting the nation on track to become the world’s largest maize exporter this year and benefitting supramax and panamax ships.

The Electric Ships Market is expected to reach $14.9 billion by 2030 from $3.7 billion in 2022, registering impressive expansion at a compound annual growth rate (CAGR) of 19.7%. The Global Electric Ships Market is dominated by major players such as ABB, Leclanché S.A., Siemens AG, Wartsila, and Kongsberg Gruppen among others, according to a new report by the strategic advisory and consulting company Delvens.

Danish Ship Finance issued its latest Shipping Market Review report which focuses, among other things, on the LNG market and its outlook for 2023.

In latest BIMCO’s “Shipping Number of the Week” analysis, Chief Shipping Analyst, Niels Rasmussen, looks at the liner operators’ practice of reducing the average sailing speed in the wake of the pandemic, a practice that could see sailing speeds fall by 10% before 2025, affecting supply.

In latest BIMCO’s “Shipping Number of the Week” analysis, Filipe Gouveia, looks at the surge in coal exports from Indonesia to primarily China, but also to other countries in East and Southeast Asia. India, however, has increasingly imported coal from Russia at the expense of Indonesian coal.

According to the The Valencia Containerised Freight Index (VCFI), the indicator that measures the trend and evolution of container transport costs by sea from the Port of Valencia has been falling for seven consecutive months.