August is typically an element of the strongest part of peak season, yet 2022 does not have any material peak season. As a consequence, the slide in spot rates not only continued, but the pace of the decline also increased. The available data in the ma…
FBX Index: The pace of decline increases Read More »
Fresh stimulus could boost Chinese iron ore imports, down 3.3% YTD Preliminary shipping data from Oceanbolt shows a 1.7% y/y drop in Chinese iron ore import volumes in August. The volumes are, however, the highest since January and follow a 3.1% y/y in…
BIMCO Shipping Number of the Week Read More »
Frequent disruptions in supply chains have exposed the vulnerability of transport and logistics operations amid unequal capabilities and resources between countries. Recurrent extreme weather events, the COVID-19 pandemic, the war in Ukraine and other …
Building resilient maritime logistics in challenging times Read More »
The recent trend of falling spot rates has left many shippers and the wider container shipping industry pondering how much it has fallen from last year until this summer. Despite the fall in spot rate over the summer, they are still much higher than a …
Spot rates comparison on major trade routes Read More »
By applying data-driven insight, Maersk Tankers has found smarter ways of managing tanker ships. The hull of Maersk Bering is smooth and clean. It has taken five divers 12 hours to remove traces of the ocean from a ship that has spent weeks at sea. Bar…
Finding new ways of managing ships better Read More »