MarketsFarm — Ocean freight rates have shown some strength over the past two months, with the Baltic Dry Index (BDI) at its highest level of the past year. The BDI, […] Read more
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Tag Archives ocean freight
Bulk ocean freight at highest level of past year
Container freight rates seen softening
Bulk ocean freight rates recover off lows
Container rates remain in downtrend
MarketsFarm — Ocean freight rates have shown some strength in late February, with the Baltic Dry Index (BDI) recovering off two-and-a-half-year lows hit earlier in the month. The BDI, a […] Read more
Ocean freight rates falling
Baltic index at lowest since mid-2020
MarketsFarm — Ocean freight rates are under pressure to start 2023, with the Baltic Dry Index (BDI) dipping to its lowest level since June 2020 as poor demand for vessels […] Read more
Ocean freight rates under pressure
Container rates also lower
MarketsFarm — Ocean freight rates have come under pressure over the past month, nearing their lowest levels of 2022 as mounting COVID-19 cases in China, along with increased restrictions in […] Read more
Baltic Dry Index at three-month lows
Demand for ocean freight seen backing off
MarketsFarm — Ocean freight rates have come under pressure over the past month as demand for freight backs away, which could be seen as a sign of the slowing global […] Read more
Biden signs ocean shipping bill in bid to reduce backlogs
Washington | Reuters — U.S. President Joe Biden on Thursday signed legislation to improve oversight of ocean shipping, which lawmakers say will help curb inflation and ease export backlogs. The […] Read more
Baltic Dry Index hits 12-year high
Canadian grain exports slow either way
MarketsFarm — Strong demand to move cargo coupled with weather-related shipping constraints in a number of key corridors has helped take ocean freight rates to their highest levels in more […] Read more
Ocean freight rates at decade highs
MarketsFarm — Ocean freight rates have climbed steadily higher over the past year, recovering from the lows hit at the start of the pandemic in early 2020 to see their […] Read more
Baltic Dry Index tops 2,000 points
MarketsFarm — Ocean freight rates have moved steadily higher over the past month, nearing some of their highest levels of the past year. The Baltic Dry Index (BDI), a major […] Read more
Baltic Dry Index at four-month lows
Declining demand seen from China
MarketsFarm — Ocean freight rates have fallen off of their highs of the past year over the course of the past month, but remain well above the lows hit in […] Read more
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