These are turbulent times for our industry. Ship owners have been thrust from the relative comfort of gradual change to seismic shifts and mounting complexity – a process set in motion by the International Maritime Organization’s (IMO) 2020 sulphur cap…
Setting sail for 2050: Imagining the future of marine lubrication Read More »
Russian crude oil exports could exhibit yet more trade shifting patterns in the months to come, as a result of the Coronavirus effect. In its latest weekly report, shipbroker Banchero Costa said that “in the 12 months of 2019, Russia exported 225.3 mln…
Trade Patterns Mixing Up Russian Crude Oil Exports Read More »
The call for an immediate multi-million pound government support package for shipping from the UK Chamber of Shipping earlier this week spoke volumes of the crisis facing the industry. Chief executive Bob Sanguinetti asked the UK shipping minister Kell…
‘No return to normal’ Read More »
As recently as March 3, American Shipper headlines, citing CargoMetrics, screamed “China cargo flows rapidly return to pre-coronavirus levels” and referenced “just released updated indices showing that both import and export cargo flows (measured in te…
COVID-19 And Supply Chain Implications For Ocean Shipping Read More »
Ships’ prices are bound to retreat in the coming weeks, under pressure from a global economical slowdown and the negative impact it will have on shipping. Amid this development, shipbroker Intermodal expects new investment opportunities to arise for bo…
Ships’ Prices Will Come Down Read More »