02 August 2021
The Suez Canal blockage, COVID-19 cases shutting down the world’s third busiest container terminal of Yantian, record low carrier schedule reliability, growing congestion across North Europe, and chronic vessel space and equipment shortages. The disruption is also flowing downstream and impacting short-sea shipping and inland logistics providers. The panel will discuss what must change within the Asia-Europe supply chain before any normalisation can occur.
28 July 2021
BIMCO's Jeppe Skovbakke Juhl, expert in maritime digitalisation, will be taking part online in the Digital@Sea Asia Pacific conference held in Sejong in the Republic of Korea (South Korea).
10 June 2021
The container and dry bulk shipping industries are breaking new records left, right and centre it appears, resulting in dry bulk owners enjoying unseasonably high profits, and container shipping carriers and tonnage providers delivering record high profits.
02 June 2021
Demand drivers and freight rates
A recent small and short spike in oil product tankers shows just how far the tanker market still has left to go on its recovery journey.
01 June 2021
Despite diverging pandemic paths in the world, global growth is forecast to reach 6% this year, according to the International Monetary Fund, following a 3.3% contraction last year. There are, however, still plenty of downside risks, especially as parts of the world are facing their worst coronavirus outbreaks to date and the prospect of a large part of the global population being vaccinated is still a long way off.
21 May 2021
BIMCO, the world’s largest shipping association, has elected Sabrina Chao of Wah Kwong Shipping Holdings Limited as President at the organisation’s online general meeting on Thursday 20 May 2021.
17 May 2021
This week, despite the rapidly escalating Covid-19 crisis across much of Asia, steel plate prices continue their upward trajectory once again for the second running week.
The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
14 September 2021
In response to growing concerns and increasing attacks in the region, a taskforce of stakeholders from across the shipping industry drafted the Gulf of Guinea declaration on the Suppression of Piracy.
15 April 2021
Tonne mile demand generated by US crude oil exports has fallen by 9.7% in the first two months of 2021 compared with the start of 2020.
11 March 2021
Despite low freight rates, very few crude oil tankers have been sent for demolition so far this year.