Index News

 

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Jun 27, 2025

Rates for shipping cargo containers from China to the U.S. have dropped by more than half since earlier this month, as imports rebounded less than expected after the slump that followed President Donald Trump slapping 145% tariffs on China.Trump quickly reversed course by lowering the rate to 30%. That cost increase on goods from the nation's No. 1 ocean trading partner remains significant, especially at a time when U…

Cautious Optimism on US, China Tariff Truce

Jun 11, 2025

U.S. and Chinese officials said on Tuesday they had agreed on a framework to get their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade tensions…

Orders For US-Manufactured Goods Drop In Light of Tariff Uncertainty

May 27, 2025

New orders for key U.S.-manufactured capital goods plunged by the most in six months in April amid mounting uncertainty over the economy because of tariffs, suggesting business spending on equipment weakened at the start of the second quarter…

Baltic Index Nits Near Two-Week Low

May 27, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a near two-week low on Tuesday on reduced demand for all vessel segments.* The main index, which monitors rates for capesize…

BIMCO: Brazilian Grain Shipments Up 9% as China Seeks US Alternative

May 07, 2025

Between January and April 2025, Brazilian grain shipments rose 9% y/y, supported by strong Chinese purchasing, according to Filipe Gouveia, Shipping Analysis Manager at BIMCO.The ramp-up in exports has been supported by a 9% increase in the soya bean harvest…

BIMCO: Freight Container Rates Drop 28%, Worst First Quarter in Twenty Years

Apr 02, 2025

Average container freight rates for Chinese exports have dropped 28% since the start of the year, according to BIMCO. This posts the worst first quarter development in twenty years. Based on input from twenty-three liner operators, the China…

Baltic Index Down for Sixth Straight Session

Apr 01, 2025

The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell for a sixth straight session on Tuesday, pressured by lower rates across all vessel segments.The main index .BADI, which tracks rates for capesize…

BDI Hits One-Week High as Commodity Markets Firm

Mar 24, 2025

The Baltic Exchange’s main sea freight index rose to its highest level in a week on Monday, supported by gains across all vessel segments amid strengthening demand and firmer commodity markets.The overall Baltic Dry Index (BDI), which tracks…

Is the Black Rock, CK Hutchison Port Deal in Peril?

Mar 14, 2025

China's Hong Kong and Macau Affairs Office (HKMAO) reposted a commentary criticizing CK Hutchison's port deal with U.S. firm BlackRock as a betrayal of China, sending shares of the Hong Kong-based conglomerate sharply lower on Friday.The repost…

Breaking Down Black Rock's Deal to 'Reclaim' the Panama Canal

Mar 05, 2025

U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison which includes assets along the Panama Canal.The deal will give the U.S. consortium…

Ocean Shipping Faces Uncertainty as Trade Threats Loom

Mar 03, 2025

The global ocean shipping industry that handles 80% of world trade is navigating a sea of unknowns as U.S. President Donald Trump stokes trade and geopolitical tensions with historical foes as well as neighbors and allies.That is the backdrop…

Iron Ore Shipments Fall 7%

Feb 19, 2025

Global iron ore shipments have fallen 7% y/y, during the first seven weeks of 2025, amid supply disruptions and weak Chinese import demand. Australian cargoes have fared the worst, down 10% y/y while shipments from Brazil have weakened by 5% y/y…

Belships Reports Strong Q4, Expanding Fleet

Feb 11, 2025

Belships ASA, a leading shipowning company specializing in Ultramax vessels, reported solid financial results for the fourth quarter of 2024, showcasing the growth of its fleet and robust profitability amidst challenging market conditions.:Belships posted an EBITDA of $19…

Large Vessel Rates Drives Baltic Index Down

Feb 10, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, retreated on Monday due to weaker larger vessel rates.The index .BADI, which factors in rates for capesize, panamax and supramax shipping vessels…

Baltic Index snaps 13-day losing streak

Jan 31, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a thirteen-day losing streak on Friday, supported by strong rates across the capesize and panamax vessel segments.The overall index…

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