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Freight Rates

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Saudi oil supply disruption will benefit VLCC market

Very large crude carriers owners would benefit from congestion at Saudi ports and buyers securing shipments from other distant sources

Tankers and Gas Freight rates

NYK wins long-term coal freight contract with Vietnam-based power plant

NYK has a new strategy of seeking to control exposure to volatile market conditions by maintaining and expanding long-term dry bulk freight contracts

Asia Pacific Dry Bulk

VLGC rates firm up amid Saudi supply worries

A number of shipments have been cancelled and many have deferred loadings as Saudi Arabia announced acceptances later than expected, on Wednesday, a broker said
LPG Saudi Arabia

BDI continues upward momentum

The increase in rates could spur interest among owners to lock in gains by chartering their capes and panamaxes for longer periods of time, said one broker

China Dry Bulk

Load factors: Carriers failing to address trade imbalance

MDS Transmodal forecasts average load factors on the Asia-Northern Europe trad will fall from around 74% in the second to nearer 72% in the third quarter of 2019

Asia Pacific Europe

Capesize bulker revenues climb to 14-year high

The bullish sentiment in the capesize sector has reverberated to smaller vessel segments

International Dry Bulk
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