Throughout its existence, the maritime industry has shown that it is capable of continuously transforming itself to improve efficiency and productivity, irrespective of the challenges along the way. The two ongoing transformations related to digitaliza…
Closing the safety gap in an era of transformation Read More »
A potential lifting of Iran’s sanctions could have a major impact in the tanker market, with many ships currently involved in illiciit trading with Iran headed for scrap, thus offering a significant boost in terms of alleviating oversupply issues, curr…
Can Iran Offer Tankers a Lifeline? Read More »
As we have discussed in the previous freight rate forecast publications, there has been upside risk for our last assumption for near-term freight forecast, specifically for sub-Panamax grain tonnages, owing to (a) unusual high congestion, (b) strong co…
Reliability of container shipping deteriorates further After successfully refloating the container carrier Ever Given, the impact on already stretched supply chains is yet to follow. The last of the 350 vessels delayed by the blockage resumed their jou…
Rising costs and less capacity: Shipping’s extraordinary global predicament Read More »
Further disruptions and delays in the global supply chain are a given, after the closure of the Suez Canal since last Tuesday. For most ship owners though, this development is expected to further boost their bottom lines. In its latest weekly report, s…
Higher Vessel Utilization a Given, After Suez Canal Blockade Read More »