Ετικέτα: freight rates

  • The Shipping Almanac

    S&P of Tankers: Trends and Facts in 2024 and 2025

    Tanker Sales Decline in 2024 Amid High Asset Prices In 2024, the tanker sale and purchase market witnessed subdued activity, primarily due to elevated asset prices deterring investors. Data indicates that the number of tanker sales for vessels above 10,000 deadweight tonnage (dwt) stood at 337, marking a 34% decrease compared to previous years. This […]

  • The Shipping Almanac

    Freight Rate Fluctuations Across Shipping Sectors: A Comparative Analysis

    Shipping Sector Peak Freight Rates & Date Recent Freight Rates & Date % Change from Peak Key Factors Affecting Rates Container Shipping $10,377 per 40ft container (Sept 2021) $3,364 per 40ft container (Jan 30, 2025) -68% Post-pandemic trade normalization, reduced port congestion, demand stabilization LNG Shipping $100,000+ per day (Mid-2022) $4,250 per day (Feb 4, […]

  • The Shipping Almanac

    Dry Bulk Newbuild Orders Collapse Amid Market Uncertainty

    A Drastic Slowdown in Contracting Signals Caution Among Shipowners The dry bulk sector is experiencing a sharp decline in newbuilding activity, with contracting levels plummeting 70% below the annual average in recent months. This slowdown reflects the challenges shipowners face amid falling freight rates, economic uncertainty, and hesitation over future fuel choices. In October 2024, […]

  • The Shipping Almanac

    Tanker Fleet Expansion in 2025: Growth or Imbalance?

    The product tanker market is set for a significant shake-up in 2025, with newbuild deliveries projected to surge to 12 million deadweight tonnes (DWT). This marks a staggering 256% increase from the 3.4 million DWT delivered in 2024, reaching a 16-year high and the second-highest level on record. While this influx of new tonnage suggests […]