WinGD on Building Engines of the Future

WinGD

Galke explains the benefits of WinGD's new engines.

Low Vessel Utilisation Puts Pressure on Freight Rates

Decreased freight rates in the Transpacific Eastbound trades, which were hurt by low vessel utilization, ...

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Strong Demand in Oil Tanker Segment to Lift Rates

The loss making freight rate levels witnessed in the tanker market during October are expected to be somewhat ...

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Asia to ECSA Trade Heading to Double-Digit Growth

The container market from Asia to East Coast South America (ECSA) is on course for double-digit growth this year, ...

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New Asia-West Africa Services Result in Weak Rates

A demand growth recovery in the Asia-West Africa container shipping trade inspired two new fortnightly services, ...

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Weak Freight Outlook to Affect VLGC Asset Values

Given the weak freight rate outlook for LPG shipping over the next twelve months, there is more downside risk to ...

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Drewry: Freight Rates Bounce Back from 2016 Levels

This year is one of huge correction after a disastrous 2016 for rates, buoyed at the same time by better supply and ...

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Clean Tanker Rates Rise on US Gulf-Caribbean Route

Freight rates for clean tankers in the US Gulf-Caribbean are on the rise, underpinned by a conglomerate of ...

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Drewry: Fleet Oversupply Postpones Recovery of LNG Rates

The recovery of liquefied natural gas (LNG) freight rates is not expected to start before the latter part of next ...

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Drewry: Bigger Ships to Continue Pressuring Freight Rates

Westbound Asia to Mediterranean volumes have been disappointing thus far in 2017, but shipments heading in the ...

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Box Rates on East-West Routes above 5-Year Average

Spot container freight rates on the major East-West routes reached a 20-month high this week and have risen above ...

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Recovery of Multipurpose Shipping Rates in Sight

The multipurpose shipping market is expected to see the first signs of recovery by the end of 2017, following in ...

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Fleet Oversupply to Weaken Chemical Shipping Rates

Softening seaborne trade and rising fleet growth are expected to depress chemical shipping freight rates over the ...

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Container Shipping Industry Still under Pressure

Whilst freight rates have improved marginally from the extreme lows seen over the middle of the year, the entire ...

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Low Freight Rates Affect Maersk Group's Profit

Danish shipping and energy conglomerate Maersk Group delivered a profit of USD 438 million in the third quarter of ...

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Tanker Supply - A Gift and a Curse

While tanker demand dictates trade volumes and tanker routes, the volatility of fleet growth on the supply side may ...

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Container Shipping World Shrinks amid Mergers, Acquisitions

Shippers could face fewer choices and higher rates in the long run as the container shipping world continues ...

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Hanjin's Rivals to Benefit from Higher Freight Rates

The disruption to cargo services made by South Korea-based Hanjin Shipping has pushed up spot freight rates ...

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Drewry: Spot Container Rates Surge after Hanjin Collapse

Spot container freight rates on the major routes from Asia soared by up to 42% on September 1 following the ...

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Dry Bulk Freight Rates Still Low Despite Demand Growth

The first half of 2016 has revealed that the dry bulk market is nowhere near balanced as there was a strong demand ...

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Drewry: Container Shipping Rates See Signs of Reversal

Volatility in container shipping freight rates is expected to remain very high as long as over-capacity and carrier ...

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Alphaliner: Asia - Europe Carriers to Use New FAK Rates

Carriers in the Asia – Europe trade are expected to implement new ‘Freight All Kinds’ (FAK) rate structures, ...

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