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Shipping rates have fallen sharply this year as the pandemic-induced scramble for shipping and the resulting spike in costs has peaked, according to experts. Shipping rates plunge as experts say ...
Robert FitzRoy. Original release. 24 August 1867 (by telegraph) The Shipping Forecast is a BBC Radio broadcast of weather reports and forecasts for the seas around the British Isles. It is produced by the Met Office and broadcast by BBC Radio 4 on behalf of the Maritime and Coastguard Agency. The forecast dates back over 150 years.
Congestion at Singapore's container port is at its worst since the COVID-19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has disrupted global ocean shipping - with ...
Shares of Zim Integrated Shipping Services (NYSE: ZIM) have more than doubled so far in 2024, fueled by geopolitical tensions that have caused ocean shipping rates to rebound. At least one analyst ...
Global Feeder Shipping LLC United Arab Emirates: 76,616 33 0.3% 25 Ningbo Ocean Shipping Co. China: 75,077 80 0.3% 26 Emirates Shipping Line United Arab Emirates: 72,188 14 0.3% 27 Swire Shipping Singapore: 71,023 36 0.2% 28 Matson United States: 69,235 29 0.2% 29 SM Line South Korea: 64,109 14 0.2% 30 Arkas Line Turkey: 59,465 36 0.2%
50 feet (15 m) 228 feet (69 m) Port of Boston. 47 feet (14 m) Unlimited. Port of Portland (Maine) 32 feet (9.8 m) [ 2] Dredging of east coast ports are under way [ 3] because of the New Panama Canal expansion and the expectation of larger container ships .
The blows to the global supply chain never seem to end in 2021, resulting in delays that have sharply reduced the system's effective capacity and put upward pressure on shipping rates that began ...
A forward freight agreement ( FFA) is a financial forward contract that allows ship owners, charterers and speculators to hedge against the volatility of freight rates. It gives the contract owner the right to buy and sell the price of freight for future dates. FFAs are built on an index composed of a shipping route for tanker or a basket of ...
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