Marina Mercante Mercados - Fletes - Cotizaciones Los fletes de exportación del Puerto de València crecen en noviembre
Dry Bulk
Published by Will Owen, Assistant Editor
Dry Bulk, Wednesday, 06 January 2021 14:30
The freight derivatives markets for both tankers and dry cargo vessels saw increased traded volumes in 2020, according to data released by the Baltic Exchange.
Tanker Forward Freight Agreement (FFA) volumes were up 31% on the previous year, reaching 603 261 lots, with a daily record of 33 677 lots achieved on 16 March at a time when Time Charter Equivalent earnings for VLCCs exceeded US$275 000.
Dry FFA volumes hit 1.54 million lots, up 17% on 2019. Options trading in the dry market hit an all-time high, up 37% on the previous year to 318 183.
Analyst eeSea said that its Blank Sailings Tracker showed that 1.7% of head haul services on the three main east-west trades have been cancelled in February, which includes CNY, and in March this figure falls to 0.6%.
eeSea said that effective capacity in January 2021 on the main east-west head haul trades was up 7.6%, over the same period in 2020, when Covid-19 was only starting to make an impact on the Chinese market in the run-up to CNY.
El consejero de Obras Públicas, Transportes y Vivienda del Gobierno de Canarias, Sebastián Franquis, firmó el contrato que adjudica a la naviera Trasmediterranea la prestación, como obligación de servicio público (OSP), de la línea marítima regular que enlaza el puerto de La Estaca, en El Hierro, con el de Los Cristianos, en el sur de Tenerife. Con este contrato se garantiza la conectividad naval de El Hierro con el resto de islas de la provincia occidental durante los próximos dos años.
La dotación económica de este servicio asciende a seis millones de euros por los
The new legislation – Merchant Shipping Bill (MSB) 2020 – is meant to replace existing policies that were enacted several decades ago under the Merchant Shipping Act (MSA) 1958. The MSA is set to be repealed.
The policymakers have set the stage for a regulatory framework to create greater transparency into ocean carrier pricing for export-import and domestic cargo transportation – an issue that has historically been complex and acrimonious.
“Every service provider or agent, in respect of any Indian ship or other ship
It’s that time again when US administrations change and a plethora of foreign-policy pundits post proposals and predictions for the incoming administration. This time around a prominent topic is US-China policy and – in particular – US policy regarding the burgeoning US-China confrontation in the South China Sea.
Here is a spectrum of scenarios for the South China Sea in 2021, ranging from the worst to the best – and including the most likely.
The worst but least likely scenario is war. China and the US are locked in a seminal long-term struggle for dominance in Asia and the