Baltic Dry Index

What is the Baltic Dry Index?

The Baltic Dry Index can best be described as a weighted average of daily shipping rates for the different classes of dry bulk vessels, namely Capesize, Panamax, Supramax, and Handysize based on a daily survey of agents across the globe.
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The Challenges of Ultra Large Container Vessels (ULCVs)

Picture: The ULCV CSCL Jupiter aground in the River Scheldt in August 2017

The recent ordering of a batch of 22,000 TEU capacity Ultra Large Container Vessels (ULCV) has re-ignited the debate surrounding just how big container vessels can become.
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CMA CGM orders 22,000 TEU capacity LNG fueled container ships

The November 13-14, 2017 UNFCCC COP23 meeting in Bonn was the stage for the world’s 3rd largest container carrier, the Marseille based CMA CGM Group, to announce its decision to fit its 9 x 22,000 TEU newbuilds scheduled for delivery in 2020, with LNG propulsion.
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