Tag: shipping trade

India is heading for the highest wheat harvest on record of 112 million tonnes this spring. However, exports will likely be limited in the coming year as the country is still recovering from last year’s poor harvest and is expected to focus on rebuilding its own wheat inventories, says Filipe Gouveia, Shipping Analyst at BIMCO.

The Baltic Exchange has issued its report for 28 January-03 February 2023, to provide information about the tanker and bulk market performance.

Sea-Intelligence published the most recent edition of the Global Liner Performance (GLP), with schedule reliability figures up to and including December 2022.

As Sea-Intelligence informs the expectation that carriers would use the Chinese New Year (CNY) as an opportunity to blank a substantial number of sailings, did not materialize as much.

The Baltic Exchange has issued its reports for 21-27 January 2023, to provide information about the tanker and bulk market performance.

According to Sea-Intelligence, carriers were able to bring scheduled capacity down by -18% during the Chinese New Year (CNY) period.

Nigeria opened a deep seaport in Lagos on January 23, aiming to ease congestion at the country’s ports and become an African hub for transshipment, handling cargoes in transit for other destinations.

Ship agents have reportedly warned Pakistan that export cargoes will stop as foreign shipping lines discontinue their services for the nation. 

The Baltic Exchange has issued its reports for 07-20 January 2023, to provide information about the tanker and bulk market performance.

According to Sea-Intelligence, as the market strengthened after the initial COVID hit, small carriers started to deploy capacity, especially on the Transpacific trade, while major carriers started to introduce services outside of the alliance networks.