The BDI (Baltic Dry Index) fell down to 2,214 points, Wets with mixed feelings. Brace for a long war in Ukraine and beyond – Turkiye will rock Peace… Who can…
GEODIS, a global leader in the transport and logistics sector, finalized its acquisition of Keppel Logistics after obtaining regulatory approvals. This transaction consolidates GEODIS’ Contract Logistics footprint and e-Commerce fulfillment services…
Market Report: Fears about inflation and recessions rattle global markets Wall Street indices rack up worst falls in the first half of the year for decades. Stocks in Asia take…
FTSE 100 opens higher – led by energy, mining and defence stocks. Brent crude rises to $116 a barrel as worries persist about supply. Russian threat expected to lift demand for military…
Entries are now open for the British International Freight Association (BIFA) – www.bifa.org – annual Freight Service Awards competition, which are an important part of BIFA’s mission to encourage its Members in…
• Polar Capital Holdings looks to diversify away from the struggling tech sector. • It will be revealed whether inflation’s derailed Petrofac’s rebuilding year. • Moonpig will hope to reverse poor market sentiment. Polar…
by Costas Frangeskides and Olubi Adejobi, Wordley Partnership Solicitors Sanction measures are a means by which a Country or coalition of Countries, for instance NATO, EU or UN, apply restrictive…
The BDI (Baltic Dry Index) was up 116 points since yesterday and now stands at 2,578 points. Same was also up 258 points since last Friday the 10th of June…
Wall Street in the red, with the S&P 500 falling 3.2% and NASDAQ down 4%. Investors nervous about recession threat given super-hot inflation. FTSE 100 opened up briefly before reversing …
Washington, June 16, 2022 – Today the President signed the Ocean Shipping Reform Act into law. The Federal Maritime Commission now has the important task of implementing the law so…
This special report, a great work meticulously prepared by the Committee’s director Radm (HCG) Kostas Amarantidis, assisted by Maria Syllignaki, begins with the GSCC Chairman’s Haralambos J. Fafalios address to…
Washington, June 13, 2022 – Following Congressional passage of The Ocean Shipping Reform Act of 2022, S.3580, the World Shipping Council released the following statement: “Today’s vote on The Ocean…
FTSE 100 opens up just 0.2% as EU cuts off most Russian oil Chinese economic data not as bad as feared Value chain B&M sees sales fall 2.4% Brent crude…
The Dry Market had one of its worse weeks with the BDI (Baltic Dry Index) diving down to 2,681 points, thanks to the volatile Capes – losing 660 points since…
Congestion at the port of Shanghai remains high for the time of year, but is steadily normalising as the city’s Covid wave subsides.VesselsValue data shows average waiting times for Tankers,…
The BDI (Baltic Dry Index) went over and above the 3,300 points and now reads 3,344, thanks once again for the Capes’ excellent performance; the Wets remain an enigma. The…
Ravenna, May 19, 2022 – The North Adriatic Ports gathered in the NAPA (North Adriatic Ports Association) overall handling more than 2.8 million TEUS just met in Ravenna (Italy) the European Coordinator of the…
ATHENS, GREECE, May 18, 2022 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced…
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown: “The pound has dipped slightly lower as worries about a recession have reared up again after UK inflation jumped to the…
Having ground to a halt in 2020 as a result of Covid-19, there has been a welcome return of face-to-face meetings for the Young Forwarder Network (YFN) created by the…
Descartes Releases May Report on Global Shipping Crisis: Another Month of Record Container Volumes as China Lockdowns Not Materially Impacting U.S. Imports ATLANTA, Georgia, May 17, 2022 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in…
Over 400 professionals from the ports and maritime sector meet face-to-face for the first time since Guangzhou conference in 2019 The IAPH 2022 World Ports Conference got underway today in…
The Markets, particularly the Dry ones fell raising eyebrows; let us hope is a tempo fall as summer is here. The despicable war in Ukraine continues and unimaginable things will…
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown. ‘’The beady eye of the Federal Reserve is keenly trained on soaring inflation and right now the central bank is set…
Susannah Streeter, senior investment and markets analyst Hargreaves Lansdown: ‘’$20.4 billion is an eye-watering quarterly loss for BP but it’s far from unexpected. The market had already factored in a…