In a stark display of the weak demand undermining the containerized ocean freight industry, the latest data from Xeneta reveals carriers blanked more than six times the number of sailings on the main Asia to US West Coast corridor leading up to Chinese…
Chinese New Year fails to bring joy for carriers, as blank sailings soar Read More »
The almost exclusive use of online facilities to process business transactions allows a myriad of fraudulent pursuits to find opportunities within the complexities of the global supply chain. These have many manifestations; from payment fraud that invo…
Fraud is the biggest threat to cargo losses Read More »
The ship recycling market in 2022, wasn’t that much different to 2021, in terms of the level of activity. In its latest weekly report, shipbroker Allied Shipbroking said that “demolitions trickled in over the end of the year, with the major recycling c…
Weak economic activity, a 10.5% increase in domestic coal mining, and a recovery in coal imports from Mongolia via rail alleviated coal shipments to China in 2022. However, the end of China’s zero Covid policy and an anticipated recovery of the Chinese…
Coal shipments to China fell 12.2% in 2022, mixed outlook ahead Read More »
Why should ship operators bring ESG to life in their companies? ESG is not only about compliance. It is very much about creating trust in your stakeholders. As shipping companies, we are an important part of the value chain for our stakeholders. Partic…
How to successfully bring ESG reporting to life in shipping companies Read More »