Latest News for: Panama freight

Edit

BIMCO Outlook on Dry Bulk: Supply/demand balance to strengthen in 2024

SAFETY4SEA 25 Apr 2024
Strong cargo volumes including higher iron ore shipments from Brazil and a build-up of iron ore inventories in China have all contributed to higher capesize freight rates ... and Panama Canal has helped boost demand.
Edit

Stolt-Nielsen expects higher charter rates in second quarter

Seatrade Maritime News 10 Apr 2024
The group said results for Stolt Tankers were supported by restricted transits of both the Panama and Suez canals, soaking up tonnage in an already tight market and bringing record freight rates ... Related ... Related ... .
Edit

Container Feeder Service Restored Between Ukraine and Romania

The Maritime Executive 05 Apr 2024
The first step in the restoration began with a 5,800 dwt general cargo ship that is reportedly being operated under charter by a Turkish freight forwarder. The vessel, the T Mare registered in Panama ...
Edit

Simona Stan: Port of Baltimore bridge collapse rattles supply chains already rocked by troubles in ...

Pittsburgh Tribune Review 03 Apr 2024
This may lead more shippers that have a choice to send more freight through West Coast ports, which have not suffered much from the Red Sea attacks and Panama problems.
Edit

Why oil prices already at highs could surge another 10% by summer, according to BofA

Business Insider 03 Apr 2024
"Geopolitical tensions have both boosted oil demand and curbed supplies during the past few months," the team said, adding that collapsed freight volumes in the Panama and Suez Canals force longer ...
Edit

What Impact Will the Baltimore Bridge Collapse Have on Supply Chains?

The Maritime Executive 01 Apr 2024
This may lead more shippers that have a choice to send more freight through West Coast ports, which have not suffered much from the Red Sea attacks and Panama problems.
Edit

GigaCloud (GCT) stock price is in a deep bear market: buy the dip?

Invezz 28 Mar 2024
GigaCloud Technology (NASDAQ ... It plummeted to $25 on Wednesday, a 42% crash from its highest point this year ... It is also having some challenges in the Panama Canal and the Red Sea. Oil prices are rising, which could have an impact on freight rates ... ....
Edit

At least 10 ships bound for Baltimore drop anchor after traffic stopped

RTE 26 Mar 2024
"Far East to US East Coast ocean freight services have already been impacted by drought in the Panama Canal and recent conflict in the Red Sea, which saw rates increase by 150%, so this latest incident will add to those concerns," she added.
Edit

Air cargo tonnages and rates ‘continue to rise from MESA’

GDN Online 22 Mar 2024
And Asia Pacific to North America routes also saw increases in tonnages (+11%) and average rates (+8%), with e-commerce shipments and water level challenges in the Panama Canal adding to the demand-side pressures, freight forwarders report.
Edit

Fleet supply and trade growth get the balance right for dry bulk

Splash24/7 20 Mar 2024
... of the fleet can still have a significant impact on freight markets, with notable disruptions at the time including rising congestion and an effective closure of the Panama Canal to dry bulk vessels.
Edit

The spread between short and long-term ocean freight rates has soared, leaving the market in ...

CNBC 19 Mar 2024
Ocean freight rates made volatile by Red Sea and Panama Canal issues will be set in the weeks to come, and neither carrier or customers are ready to blink ... .
Edit

Red Sea attacks cause global trade to splutter

Deutsche Welle 15 Mar 2024
Container ships have been forced to make long detours for months due to the Houthi attacks on the Suez Canal route and low waters in the Panama Canal. As freight prices rocket, when will consumers feel the pinch? ... .
Edit

Panama Canal Drought Issues Improved, But Not Eradicated

Hellenic Shipping News Worldwide 03 Mar 2024
The Panama Canal, one the world’s largest shipping gateways is plagued by ...
Edit

Red Sea crisis puts Transpacific contract negotiations in the balance

Seatrade Maritime News 02 Mar 2024
The fine art of capturing the lesser spotted freight rate increase ... “Transpacific rates are driven by supply and demand, but imports into the East Coast are impacted by either the situations in the Suez Canal or Panama Canal.
Edit

India's coal imports to fall for first time since the COVID-19 pandemic amid record-high stockpiles

Live Mint 28 Feb 2024
Gandhi, joint president, of materials management at Shree Cement, adding he expected prices to fall further this year.'Red Sea disruptions and challenges at the Panama Canal, which are contributing to ...

Most Viewed

Donald Trump
Jabin Botsford/The Washington Post via AP, Pool / The Washington Post
Estonian Tax and Customs Board`s new Nuctech mobile Xray (36425971793)
Creative Commons / EU2017EE Estonian Presidency https://www.flickr.com/people/145047505@N06
File - In this image provided by the U.S. Army, U.S. Army Sgt. Ian Ketterling, gunner for Alpha Battery, 1st Battalion, 3rd Field Artillery Regiment, 17th Field Artillery Brigade, prepares the crane for loading the Army Tactical Missile System (ATACMS) on to the High Mobility Artillery Rocket System (HIMARS) in Queensland, Australia, July 26, 2023. U.S. officials say Ukraine for the first time has begun using long-range ballistic missiles, called ATACMS, striking a Russian military airfield in Crimea and Russian troops in another occupied area overnight.
AP / Sgt. 1st Class Andrew Dickson/U.S. Army via AP
U.S. Secretary of State Antony Blinken, left, talks with Shanghai Party Secretary Chen Jining at the Grand Halls, Thursday, April 25, 2024, in Shanghai, China.
AP Photo/Mark Schiefelbein, Pool / Copyright 2024 The Associated Press. All rights reserved.
Hungarian Prime Minister Viktor Orban
Creative Commons / Vlada Republike Slovenije https://creativecommons.org/licenses/by-sa/4.0/deed.en
×