China’s slowing economic growth remains a key dri

China’s economic growth, which is slowing down, will continue to be a driving factor for the global container trade market, shipping players were heard saying at an industry conference.[MORE]

Cosco Pacific March throughput rebounds 6.4% to 7.

Port operator Cosco Pacific is benefitting from its diversification policy and has managed to turn in a 6.4% rise in throughput to 7.85m teu across all its ports in March from 7.38m teu in the previous corresponding period.[MORE]

Hong Kong March volumes slide again, falling 8% to

The port of Hong Kong continues its downward spiral with a 8% drop in March throughput to 1.52m teu, although the rate of decline has moderated from the 16% plunge in February, the weakest month so far.[MORE]

VLCC rates pick up as April cargoes still ongoing

Tanker ship owners received some positive news over the past week, as the Middle East VLCC market was more active, “on a surprisingly long number of remaining April requirements and a modest progression by charterers into May dates.[MORE]

Freight rates for Capesize dry bulkers remain firm

Freight rates for large capesize dry cargo ships on key Asian routes could stay around current levels next week, supported by stable cargo volumes and firm bunker prices, ship brokers said.[MORE]

Dry bulk shipping recovery will have to wait until

The dry bulk market has been steadily rising from its own “ashes” over the course of the past couple of months.[MORE]

Asia-Europe container freight rates collapse 78% t

Container shipping freight rates on the Asia-Europe trade have plunged by 78% this year up until the week ended 15 April, following two consecutive weeks of decrease, according to the Shanghai Containerised Freight Index (SCFI).[MORE]