Turkey, one of the five major ship recycling countries in the world, has ratified the International Maritime Organization (IMO) Hong Kong Convention, the treaty for safe and environmentally sound ship recycling.The Hong Kong International Convention…
Turkey Consents to Ship Recycling Convention Read More »
The use of e-BL for a shipment of mandarin oranges has almost eliminated the time taken for title transfer while…
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PIL pilots non-negotiable e-BL on lunar new year shipment Read More »
For almost two decades now, China’s emergence as an economic powerhouse, with vast needs for raw materials imports to feed this growth, has immensely benefitted the shipping industry. However, while the country is still the most important market …
Will China’s Apparent Slowdown Hurt Shipping? Read More »
Total imports of iron ore and soya beans were lower in 2018 than in 2017, down 1% and 7.9% respectively, and although imports of coal grew by 3.7% in 2018, this was slower than the growth in 2017. Chinese bulk imports have become increasingly important…
Chinese dry bulk imports showed signs of distress in 2018 Read More »
The collapse of the upstream dam in Brumadinho will hurt Vale’s iron ore production from Minas Gerais in Brazil if the Brazilian government does not allow Vale to compensate the loss by increasing production at its other mines. Potentially35-40 Capesiz…
Brumadinho disaster will hurt Capesize demand Read More »