On a Week 44, the MABUX World Bunker Index turned into a directional decline. The 380 HSFO Index dropped by 14.08 USD: from 532.45 USD / MT to 518.37 USD / MT. The VLSFO Index lost 10.74 USD: from 656.82 USD / MT to 646.08 USD / MT, while the MGO Index decreased by 10.45 […]
On a Week 43, the MABUX World Bunker Index demonstrated irregular changes during the week. The 380 HSFO index declined by 8.40 USD: from 542.16 USD / MT to 533.76 USD / MT. The VLSFO index increased by 8.65 USD: from 647.86 USD / MT to 656.51 USD / MT, while the MGO index added […]
Volatility of shipping earnings over the last decade increasingly pushing carriers to expand into logistics sector. A lack of stability in #carrier earnings, plus a limit to consolidation has seen nearly all M&A activity over the past two years focus on logistics. Efforts to smooth out earnings and offer investors more solid earnings are behind […]
On a Week 42, the MABUX World Bunker Index continued its firm upward trend. The 380 HSFO index rose by 8.88 USD : from 533.54 USD / MT to 542.42 USD / MT. The VLSFO index increased by 15.50 USD: from 632.43 USD / MT to 647.93 USD / MT, while the MGO index added […]
Hamburg, 19 October 2021: Container xChange, one of the world’s fastest growing tech companies and the market leaders for trading and leasing of containers, have published container prices data trends and insights soon after the Golden Week concludes in China and as the world prepares for Christmas holidays shopping season. The data indicates that the […]
While IMF reports global trade growth in monetary terms rather than in terms of container volumes or weight, there is a highly significant positive relationship between trade in economic terms and container shipping demand on a global level. Figure 1 shows the world trade projections across both imports and exports for both advanced and emerging […]
The historically high charter market has finally convinced Non-Operating Owners (NOOs) to return to the newbuilding arena for small and medium-sized tonnage, addressing the alarming under-ordering of these ship classes which Alphaliner highlighted in a report in Dec’20. Since the beginning of the year, NOOs have ordered no fewer than 113 ships (equal to 454,000) […]
Activity in the charter market remains low due to a continued dearth of tonnage impacting most sizes. However, the underlying demand remains strong, with ships coming up for employment on a prompt basis rapidly securing a new employment. Charter rates plateauing in past weeks, but rise in prices is now resuming, with both classic Panamax […]
On a Week 41, the MABUX World Bunker Index continued its firm upward trend, but in a bit slightly manner that the week before. The 380 HSFO index rose by 11.18 USD : from 522.50 USD / MT to 533.68 USD / MT. The VLSFO index increased by 17.69 USD: from 614.17 USD / MT […]