The USG Supramax freight market started the month with negative corrections. The market picture looked depressing from the owners’ point of view. Fresh enquiries were limited: there were barely any fronthaul (FH) cargoes and a pretty limited number of cargo offers on...

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Inhabitants of the Marshall Islands—a chain of coral atolls in the center of the Pacific Ocean—rely on sea transportation for almost everything: moving people from one island to another, importing daily necessities from faraway nations, and exporting their local...

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Understanding varying fuel consumption patterns Different sailing phases – open sea, coastal transits, port approaches, and manoeuvring – exhibit distinct fuel consumption patterns. A one-size-fits-all approach to fuel efficiency is inadequate because factors like...

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Rates for shipping containers from Asia to the US surged this week as the deadline to avoid a strike at US Gulf and East Coast ports nears, while rates for liquid chemical tankers were flat to softer as ship owners await contract nominations. CONTAINER RATES Global...

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Singapore iron ore futures fell below the $100-per-metric-ton key psychological level on Friday as some traders liquidated long positions on faltering demand, after most steelmakers in top buyer China completed pre-holiday restocking of feedstocks. The benchmark...

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