Shipping continues to innovate in terms of vessel capacities, greener technologies and more modern operating practices. At the same time, the way that goods are being carried, particularly unitized cargoes, are also changing. Innovation and change will…
Loss prevention measures must adapt as shipping innovates, say IUMI Read More »
Container rates for U.S. imports have normalized. Rates for America’s exports have not. Both spot and contract rates for U.S. exports are still up double digits from pre-COVID levels. And rates are not the biggest cost issue exporters face, according t…
For exporters, container shipping still far from pre-COVID ‘normal’ Read More »
The product tanker market hasn’t seen the benefits of increased Middle East clean product exports, rate-wise. In its latest weekly report, shipbroker Gibson said that “this year has seen a major increase in the Middle East clean product exports to Euro…
Product Tankers: Clean Product Exports from the Middle East and China on the Rise Read More »
Capesizes The Pacific market started with a positive outlook, maintaining healthy cargo volumes driven by substantial coal shipments from East Coast Australia to the Far East. Rates initially increased, but as the week progressed, a notable shift occur…
Dry Bulk Market: Capesizes on the Up Read More »
The Panama Canal, a key player in global shipping, faces a dire crisis due to an unprecedented drought, casting shadows over trade dynamics and supply chains. The Panama Canal, an 80-kilometre-long, man-made waterway connecting the Atlantic with Pacifi…
Panama drought and its impact on bulk shipping Read More »