16 August 2012
Overall annual oil demand growth in 2012 is now expected to come in at 0.9% by the IEA (+800,000 barrels per day), close to last year’s 0.8%, which was a 10-year low (excluding the contracting years of 2008/2009). The rise is exclusively originating from non-OECD countries. The outlook was modestly curtailed by early July on the back of the weaker global economic situation. This translates into a rather slim fundamental support to the tanker segment, but fortunately tanker shipping is so much more than overall oil demand.
03 April 2020
Customs Trade Partnership Against Terrorism (CTPAT) is but one layer in U.S. Customs and Border Protection’s (CBP) multi-layered cargo enforcement strategy. Through this program, CBP works with the trade community to strengthen international supply chains and improve United States border security.
14 February 2012
Overall oil demand declined by 0.3 million barrels per day y-o-y in Q4-2011 as the global economy weakened and the winter season did not provide low enough temperatures to stimulate demand. As we have just left 2011 behind us, the final estimates for demand growth stay preliminary for the time being at 3% for product tankers
13 December 2011
Overall, it’s noticeable that record numbers of fixtures and demand for tonnage only produce a short-lived spike at rather low altitudes – making little impact on stretched owners’ financial accounts. Ship owners without a solid cash balance and a strong, or at least sustainable, cash flow will find it increasing difficult to continue in this business at the present level and volatility.
11 January 2011
The flooding in Queensland is primarily affecting the important coal export from Australia. Iron ore which is exported out of West Australia is not directly affected yet
13 October 2010
Forecast: BIMCO expects the fourth quarter to be a difficult one, with volumes going down from recent highs. This may also mean idling vessels becomes more normal again as they are removed from stings or simply temporarily abundant as volumes tighten.
During the first half of 2010 the container trade has made a remarkable comeback. Rates have doubled on many routes and volumes have returned from the abyss to the benefit of many owners who have switched from red ink to black as a result of this.
01 July 2019
Dr George Leloudas is an Associate Professor at the Institute of International Shipping and Trade Law (IISTL) of Swansea University that he joined in 2011. He is a graduate of the National and Kapodistrian University of Athens. He holds LLM degrees from the University of Bristol (England, 2002) and McGill University (Montreal, Canada, 2003). He also completed his PhD degree at Trinity Hall, Cambridge University in 2009 and worked in practice as a solicitor in London prior to joining to the IISTL.
George has most recently published his second monograph together with Professor Malcolm Clarke of Cambridge University on cargo Insurance. Also, in 2018 he published (with Prof Baris Soyer) an article on the carriage of passengers by sea in Michigan State University International Law Review and an article on IUU fishing (with Prof. Baris Soyer and Dr Dana Miller) in Transnational Environmental Law. He teaches marine insurance law, carriage of goods by sea, land and air and arbitration law and he is also one of the editors of the preeminent transport law publication, Shawcross and Beaumont, being responsible for the (passenger and cargo) liability chapters of the publication
12 September 2016
13 February 2019
12 September 2016