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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 ...
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 ...
Baltic Dry Index 1985 - 2022. The Baltic Dry Index ( BDI) is a shipping freight-cost index issued daily by the London -based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
The Atlantic meridional overturning circulation (AMOC) is the main current system in the Atlantic Ocean, [ 1]: 2238 and is also part of the global thermohaline circulation, which connects the world's oceans with a single "conveyor belt" of continuous water exchange. [ 29] Normally, relatively warm, less-saline water stays on the ocean's surface ...
The Northern Sea Route ( NSR) ( Russian: Се́верный морско́й путь, romanized : Severnyy morskoy put, shortened to Севморпуть, Sevmorput) is a shipping route about 5,600 kilometres (3,500 mi) long. The Northern Sea Route (NSR) is the shortest shipping route between the western part of Eurasia and the Asia-Pacific ...
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 ...
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.
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