Despite the economic shockwaves engendered by the ongoing global pandemic, the world’s leading carriers continue to display signs of effective strategic management skills. Many of the industry’s key players are posting robust Q2 results, while, accordi…
Xeneta: Rates Slide But Carrier Performances Continue To Defy Expectations Read More »
A slowdown of dry bulk ordering activity, combined with more demolition is beginning to improve market fundamentals, especially in the smaller classes. In its latest weekly report, shipbroker Intermodal noted that “a step back from the intense everyday…
Solid Fundamentals Emerging in the Dry Bulk Market Read More »
With the US presidential race gathering a head of steam ahead of the November 3 polling day, China and trade with the eastern powerhouse have become battlegrounds for the two lead candidates. In remarks delivered last week at the 2020 Council for Natio…
Trade talk gets dirty Read More »
On 19 August 2020, the US State Department announced the “suspension or termination” of various agreements with Hong Kong, including the termination of the bilateral, US-Hong Kong International Shipping Agreement, which relates to the tax t…
The End of the US Shipping Tax Exemption for Hong Kong Read More »
A potential rebound in trade and freight rates is hinging on a successful dealing with the pandemic, which, as of today, is rather elusive. In its latest weekly report, shipbroker Allied Shipbroking said that “reaching the end of the summer period and …
Shipping’s Recovery is Tied to the Pandemic Read More »