Polish ports see H1 shipping-freight rate boostTuesday, July 20, 2010 @ 7:22AMPolish sea ports' transshipment rates have increased significantly in the first half of 2010, at a time when global shipping levels have dropped alarmingly.
Baltic index hits fresh low as China slowdown bitesMonday, July 12, 2010 @ 7:53PMLONDON, July 13 (Reuters) - The Baltic Exchange's main sea freight index , which tracks rates to ship dry commodities, fell to its lowest level in over 14 months again on Monday as weak Chinese demand put the brakes on cargo activity.
Asia Markets: Asia shipping shares belie Baltic Dry Index dropWednesday, July 7, 2010 @ 10:56PMYou’d never know that a key marine freight index was plunging by looking at Asian shipping shares’ year-to-date performances, and some analysts remain upbeat on freight rates in the long term.
UPDATE: Tight Russia Supply Lifts Europe Physical Oil PricesMonday, July 5, 2010 @ 12:34PMUPDATE: Tight Russia Supply Lifts Europe Physical Oil Prices
DHL sees no big slowdown in air, freight businessSaturday, July 3, 2010 @ 9:50PMSHANGHAI, July 4 (Dow Jones) – DHL Global Forwarding & Freight, a unit of Deutsche Post AG, said it doesn't expect a significant reduction in orders this year despite headwinds threatening the global economic recovery, but sees more volatility in the global sea and air freight business in 2011. There is some volatility in the US and other consumer markets now due to low inventory levels, which ...
DHL sees no big slowdown in air, freight businessSaturday, July 3, 2010 @ 1:35PMSHANGHAI, July 4 (Dow Jones) - DHL Global Forwarding & Freight, a unit of Deutsche Post AG, said it doesn't expect a significant reduction in orders this year despite headwinds threatening the global economic recovery, but sees more volatility in the global sea and air freight business in 2011.
Commodity Shipping Rates Extend Worst Slide in 5 Years on Excess of SupplyThursday, July 1, 2010 @ 7:57AMCommodity shipping costs measured by the Baltic Dry Index extended their longest losing streak in almost five years on a surplus of ships for hire.
Baltic index close to lowest in 9 monthsMonday, June 28, 2010 @ 7:25PMLONDON, June 29 (Reuters) - The Baltic Exchange's main sea freight index , which tracks rates to ship dry commodities, fell to its lowest in nearly nine months on Monday as slowing cargo activity took its toll on sentiment.
Freight rates draw S. Africa, Colombia coal to AsiaSaturday, June 26, 2010 @ 1:42PMPERTH, June 27 (Reuters) - The recent plunge in freight rates has re-opened the price arbitrage for Colombian and South African coal to move into Asia, sparking renewed interest from Chinese buyers, trade sources said on Friday.