Strong container growth is anticipated as consumer spending on goods remains robust.
Container demand to the US provides reasons for liner operators to be cheerful about 2024 prospects, said MSI. Read more at TradeWinds.
Month: March 2024
‘Watch the freight market’: Are rising bulker asset prices getting overinflated?
During the first quarter, capesize rates have been 250% above the five-year average, while panamax rates are only 10% above.
Average supramax and handysize rates have been slightly below the five-year rolling average during this time, according to a report by MSI. Read more at TradeWinds.
Fleet supply and trade growth get the balance right for dry bulk
Owners are drawing strong encouragement for the near-term prospects of the freight markets and are right to do so, says Plamen Natzkoff from MSI. Read more at Splash247.com