The Freight Factor: takeaways from the experts
During Singapore Iron Ore Forum 2015, we hosted a panel of freight industry experts to discuss recent trends in the dry bulk freight market. Speaking companies included Noble Chartering, Swiss Marine, Cargill, Castleton Commodities International, Tata NYK Shipping and Singapore Exchange (SGX).
Key themes included the evaporation of forward demand for FFAs; impact of lower port congestion; low freight rates opening up new trade routes; the trend towards larger vessels; the high level of capesize demolitions to date this year; and the freight rate outlook.
SGX Freight volume growth continues to build strong momentum. Year-to-date, volumes are already more than 55% higher than the total volume cleared in 2014. Meanwhile, open interest has approximately doubled since the beginning of the year.
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During Singapore Iron Ore Forum 2015, we hosted a panel of freight industry experts to discuss recent trends in the dry bulk freight market. Speaking companies included Noble Chartering, Swiss Marine, Cargill, Castleton Commodities International, Tata NYK Shipping and Singapore Exchange (SGX).
Key themes included the evaporation of forward demand for FFAs; impact of lower port congestion; low freight rates opening up new trade routes; the trend towards larger vessels; the high level of capesize demolitions to date this year; and the freight rate outlook.
SGX Freight volume growth continues to build strong momentum. Year-to-date, volumes are already more than 55% higher than the total volume cleared in 2014. Meanwhile, open interest has approximately doubled since the beginning of the year.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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