NYSHEX CEO: Digitization Is the New Normal

CEO of New York Shipping Exchange speaks about progress made so far and future plans.

LNG Charter Rates to Remain under Pressure in 2018

Increasing vessel supply to keep LNG charter rates under pressure in 2018, despite strong growth in trade.

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Drewry: China's Waste Rules to Affect Container Shipping

Nearly 3% of world loaded container traffic at risk from becoming landfill as China introduces new waste rules.

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Drewry: Reefer Rates Rise for 4th Consecutive Quarter

Global average reefer freight rates kept rising over the last 12 months, even during off-peak seasons.

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Asia-US Rates Recovering ahead of Contract Season

Spot rates rise in the Asia-US East Coast trade, but remain well below the same period last year.

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Drewry: Shippers Should Keep an Eye on M&A Activity

With nearly 400 different vessel operators still active, there is plenty of room for M&A activity.

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Drewry: Shortage of Containers Next Year Is Unlikely

A fear that there will be a shortage of containers in 2018 is unjustified, according to Drewry.

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Drewry: Asia to WCNA Sees Rise in Demand, Rates Still Weak

The eastbound Asia to West Coast North America market continues six-year run of strong demand growth.

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Smaller Ports Offer Equal or Better Liner Connectivity?

Smaller ports can equal or better the liner connectivity of larger ones at times, shipping consultancy Drewry informs.

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Handysize LPG Ships to Be Worst Performers in 2018

Among the different size categories of LPG ships, the small vessel segment is expected to be the best performer in ...

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Loaded Container Shipments to Break 200 Mn TEU Mark

Global loaded container traffic is on track to break the 200 million teu threshold this year for the first time ...

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Asia-West Africa Trade on Recovery Path

The outlook for the Asia-West Africa trade is improving, but there is much ground still to recover, shipping ...

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Ship Operating Costs Stabilise in 2017

The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but shipowners ...

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Drewry: Crude Tanker Rates to Further Drop in 2018

Following a sharp decline in crude tanker freight rates seen during 2017, the rates are set to further drop in 2018 ...

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More ULCVs to Hurt Chances of Supply, Demand Balance

Following a recent spate of ultra large container vessel (ULCV) orders, the addition of any further boxship giants ...

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Chemical Tankers Expect Recovery from Late 2018

Chemical shipping market is heading toward a recovery phase, which would be supported by subdued ordering and a ...

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Northbound ECSA-Europe Trade Turning the Corner

The northbound East Coast South America – Europe trade is finally on the mend heading into the Brazilian ...

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Drewry: Carriers Hesitate to Suspend Services

Despite ongoing freight rate erosion, container carriers are yet to announce any service suspensions for the slack ...

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Ordering Spree in Boxship Sector Unlikely

On the heels of the two orders by containership majors CMA CGM and MSC for 22,000 TEU ships, the market fears there ...

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Shipping Bonds Issuance Momentum Explained

Faced with the lack of available funding, a growing number of shipping companies have taken advantage of the low ...

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LNG Fleet's Operating Losses to Hit USD 230 Mn in 2017

The global LNG shipping fleet will make aggregate operating losses of USD 230 million in 2017 as the spot rates ...

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Multipurpose Shipping Sector Remains in Cautious Optimism

The multipurpose shipping fleet is set to see a rise in market share and a recovery in freight rates in 2018, amid ...

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