Imported consumer goods should arrive in the country at least six weeks earlier than normal to make it onto shelves in time for Black Friday, according to JOC by IHS Markit. Due to the continuing delays at US ports consumer goods from Asia will need to…
Risk is the “big handbrake” on the adoption of new technology in shipping, according to Watson Farley & Williams’ partner Mike Phillips. Speaking at a WFW seminar, Phillips said that shipowners, operators and traders exist in a world of risk and th…
Risk is shipping’s innovation handbrake Read More »
Singapore’s bunker market has tightened significantly this week, after workers tested positive for Covid-19 at Universal Terminal which has delayed barge loading schedules. The terminal is currently short staffed, with the number of barges queued up in…
ENGINE: Global Fuel Availability Outlook Read More »
The dry bulk market could be looking for at least two more quarters of solid performance, should the futures market prove to be correct. In its latest weekly report, shipbroker Intermodal said that “following up on our insight on May 2021, where we dis…
Dry Bulk Futures at Multi Year Highs Read More »
After a slow start to the US soya bean export season, partly due to disruption from Hurricane Ida, US soya bean inspections ahead of exports have jumped to 1.6m tonnes in the week ending 7 October. This represents a 90.9% jump from the week before and …
BIMCO: US soya bean inspections nearly double week-on-week to 1.6m tonnes Read More »