Overseas ports continue to drive Cosco Shipping Ports August volumes 12% higher

Cosco Shipping Ports (CSP) saw overall throughput rise 12% in August to 8.7m teu from 7.7m teu previously led...

Tanker Market: VLCCs On China Route Higher

Weather delays in the East and increased cargo avails pushed up rates six points to peak at WS 58.5 to China, and WS 55.5 was agreed for South Korea, all basis 270,000mt.

HPHT clambers higher on upbeat expectations

Drewry Maritime Research has raised the 2017 global throughput forecast. In particular, US and Europe containerised...

Product tankers could benefit from Nigeria’s higher oil production

The normalization of the situation in Nigeria has led to an improvement of the African country’s oil...

Higher vessel rates prop up Baltic index

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose...

WA miners facing higher port fees

Western Australia’s miners will be hit with additional shipping fees of between 3c/t and 4c/t as part of...

Dry bulk and tanker newbuild contracts 20% higher than 2016

Newbuild contracts have been signed for the dry bulk and tanker shipping industries at an increasing pace so far...