Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Container freight futures and shipping stocks are down due to reports of Gaza cease-fire progress, with Chinese shipping shares dropping significantly. European and US shipping markets show weakness, with various sectors experiencing declines. Baltic Dry Index and shipping equities are also down. Tankers and dry bulk vessels are slightly down, while VLGCs and containers show mixed performance. Oil prices are affected by Israel-Hamas cease-fire talks and hurricane concerns.
Opening Tanker Look: Continue to struggle. Mainly all down around 1%. $FRO $NAT $TEN $TRMD $STNG $TNK $DHT $INSW $ASC $ECO $HAFNI https://t.co/ppBj2K8RVS
Shipping is mixed in Europe, slightly more RED then Green, but much smaller moves than last few days. - Tankers: Slightly down, $TRMD -2% - Dry Bulk: -0.5% - VLGCs +1% - Containers: Slightly green - Car Carriers -0.5% $AGAS $BWLPG $GCC $WAWI $OET $HAFNI $FRO $TRMD $DIS.MI $GOGL… https://t.co/apGl5qaw4D
Capesize index: 25,867 (-1304) FFAs mixed with Capes down 1-2%, and the smaller vessels up 1-2%. @braemarscreen $NMM $SBLK $BDRY $HSHP $GOGL $GNK $PANL $SB $SHIP https://t.co/tgHpmdvSlQ