|
|
Weak China sales drives Baltic Index below 1,000 for first time in 3 years
Friday, 20.Jan.2012, 21:43
THE Baltic Dry Index, often seen a global economic baromenter, fell
below 1,000 for the first time since January 2009 on expectations that
iron ore demand in China, combined with a growing oversupply of ships,
reports Bloomberg.
|
|
 |
Rates increase between 1.7pc and 7.2pc ahead of Chinese New Year shutdown
Monday, 09.Jan.2012, 00:12
SHIPPING lines on the major trade lanes last week enjoyed rising rates
that showed through in the Shanghai Containerised Freight Index's (SCFI)
975.31 points, up 2.9 per cent from the previous week.
|
|
|
Shanghai rate index rises sharply on all major routes as 2011 ends
Tuesday, 03.Jan.2012, 23:20
THE Shanghai Containerised Freight Index (SCFI) hit a 10-week high of
947.58 points as it closed 2011 on the ever declining rates between
Shanghai and most overseas destinations.
|
|
|
Germany's exports hit by Eurozone crisis and shrinking global demand
Monday, 12.Dec.2011, 22:58
GERMANY's export trade fell by 3.6 per cent in October compared to the
previous month, which was far worse than the 1 per cent decline earlier
predicted by the markets.
|
|
|
Singapore analyst sees reason for transpacific rate rebound in January
Sunday, 11.Dec.2011, 18:58
HOPES are rising that stronger retail sales in the US than expected and the Chinese New Year in January will help drive up freight rates on the transpacific trade early next year.
|
|
|
Mega vessels hold key to survival as rates sink, says MSC vice-president
Sunday, 11.Dec.2011, 18:55
MEGA vessels hold the key to survival on Asia-Europe trade lanes, which is expected to be unprofitable until 2013 as freight rates come under increasing pressure, says Geneva's Mediterranean Shipping Co (MSC) vice-president Diego Aponte.
|
|
|
Shanghai index continues to fall, Asia-Europe rate slips below US$500/TEU
Sunday, 11.Dec.2011, 18:42
ASIA-Europe rates fell below US$500 last week to $490 per TEU, down two per cent from the previous week, according to the latest Shanghai Containerised Freight Index (SCFI).
|
|
|
Quarterly G7 trade growth slows following more robust second quarter
Sunday, 04.Dec.2011, 20:25
IMPORTS into Canada, France, Germany, Italy, Japan, UK and the US - the G7 - and Brazil, Russia, India, China and South Africa - the BRICS - fell one per cent in the third quarter, down from 4.2 per cent second quarter growth, according to OECD figures.
|
|
|
Asia-Europe freight rates decline 5.4pc to US$511/ TEU
Sunday, 27.Nov.2011, 19:21
ASIA-Europe rates again made a downhill charge last week, falling 5.4 per cent week to week to US$511 per TEU, according to the Shanghai Containerised Freight Index (SCFI).
|
|
|
Poor markets hit HK's shippers
Monday, 31.Oct.2011, 02:44
Uncertain conditions in the container shipping and dry bulk cargo markets continue to affect the maritime sector, according to trading results posted by Hong Kong's leading shipping companies.
|
|
|
|
|
