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Rates for container ship rentals are now in a nosedive, as per freight indexes. The cost of transporting goods in containers has steadily declined since reaching its highest point before the end [...]
Freight rates continue to fall as the global trade volume slows as a result of contraction in the demand for goods and as supply chain disruptions ease.
Freight Investor Services (FIS), a world leading broker in freight and commodity futures markets, has announced that it has entered into a strategic collaboration with S&P Global Market Intelligence, a world leader in providing essential intelligence. The companies will work together to integrate key insights from their services into their respective platforms in a way ...
Market summary The dry bulk and container market balance is expected to remain stable in 2022, while freight rates may face correction when vaccines reduce pandemic impacts. We believe the strength in global containerized trade has had a profound impact on the geared dry bulk freight rates and trade pattern. General cargo (breakbulk) vessels that ...