Freight rate indices are sending mixed messages but most of the latest indicators show a steady decline in rates as lines and shippers negotiate annual contracts on the transpacific.
The board of Gram Car Carriers (GCC) have unanimously recommended to shareholders a takeover bid from MSC through its subsidiary SAS Shipping Agencies.
One the most noticeable changes attending Singapore Maritime Week from 12 months earlier was how much further ammonia has moved up the agenda as a zero-carbon fuel for the future.