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Ocean shipping rates on major trade routes have fallen by more than half since the beginning of this year, a potential sign of easing inflation pressures and alleviated supply chain logjams ...
Yahoo Finance Chartbook: 33 charts tell the story of markets and the economy to start 2024. Josh Schafer. January 30, 2024 at 6:01 AM. Stocks have surged to record highs at the start of 2024 ...
Maersk and CMA CGM have introduced new charges to transport goods along many of the world’s busiest shipping routes after re-directing their vessels away from the Red Sea because of attacks.
The Strait of Magellan. The Strait of Magellan ( Spanish: Estrecho de Magallanes ), also called the Straits of Magellan, is a navigable sea route in southern Chile separating mainland South America to the north and Tierra del Fuego to the south. The strait is considered the most important natural passage between the Atlantic and Pacific oceans.
Arctic shipping routes are the maritime paths used by vessels to navigate through parts or the entirety of the Arctic. There are three main routes that connect the Atlantic and the Pacific oceans: the Northeast Passage, the Northwest Passage, and the mostly unused Transpolar Sea Route.
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 ...
A shipping expert believes that the supply chain crisis may last well into 2023, ... Finance. 24/7 help. For premium support please call: 800-290-4726 more ways to reach us. Login / Join.
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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.
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