This week’s chart highlights the trend in VLCC (Very Large Crude Carrier) tonne-days growth, which has been decreasing consistently since our last review in week 17, just before the end of April. At the end of the second week of May, the demand g…
VLCC AG-China tonne days Read More »
In 2024, the shipping industry has been caught in a maelstrom of challenges that threaten to destabilise global supply chains, endanger crew safety, and derail progress made on environmental sustainability. Allianz Commercial’s annual Safety and Shippi…
Shipping’s resilience buffeted by threats Read More »
The ship recycling market has seen a steady flow of vessels over the course of the past week, mainly from the container and dry bulk segments. In its latest market report, Best Oasis (www.best-oasis.com), one of leading cash buyers of ships worldwide, …
Ship Recycling Market Sees Steady Flow of Ships Read More »
After a tumultuous year in 2023, the reefer sector has started 2024 on a stronger footing as healthy crops in the Southern Hemisphere have helped to lift growth. This trend is set to continue across 2024 as a whole, with a return to growth forecast for…
Strong Southern Hemisphere harvests drive reefer shipping growth Read More »
Global and European trade associations representing shippers, forwarders and vessel operators have issued an urgent alert to all businesses involved in the movement of goods into or via the European Union, Norway, Switzerland or Northern Ireland, by se…
Logistics Trade Bodies Unite in Calls for Industry Action on New EU Import Declarations Read More »